Bankruptcy & Restructuring News Headlines for Monday Jan 13, 2025

Here's what we are reading this morning:

December jobs report shows unemployment fell to 4.1%, 256,000 jobs added to finish 2024 on high note: Data from the Bureau of Labor Statistics released Friday showed 256,000 new jobs were created in December, far more than the 165,000 expected by economists and higher than the 212,000 seen in November. The unemployment rate fell to 4.1% from 4.2% in November. December marked the most monthly job gains seen since March 2023.

Prospect Medical Holdings, Inc. Advances Strategic Pathway to Realign Organizational Focus | Business Wire: Prospect Medical Holdings, Inc. announced that it is proceeding on a strategic pathway to realign its organizational focus outside of California, including pursuit of an agreement to sell the Roger Williams Medical Center and Our Lady of Fatima Medical Center in Rhode Island to Centurion Foundation, Inc. Prospect Holdings is also continuing to engage with key stakeholders outside of Rhode Island and to work with the Commonwealth of Pennsylvania to agree on terms for the divestiture of the Crozer-Chester Medical Center





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