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Tag: Unemployment
The US Economy Is Booming. Why Are Economists Worrying About a Recession?
Economists, however, are notoriously terrible at predicting recessions. So it makes sense to focus instead on where the…
The U.S. economy added 431,000 jobs in March.
Wages climbed at a rapid pace in the year through March and the unemployment rate dropped notably last…
Unemployment Nears Prepandemic Level
Federal Reserve officials are tasked with fostering “full employment,” and while it has been difficult to guess what…
The Fed Bets on a ‘Soft Landing,’ but Recession Risk Looms
Jerome H. Powell, the Federal Reserve chair, emphasized this week that the central bank he leads could succeed…
Why the January Jobs Report May Disappoint, and Is Sure to Perplex
The January jobs report is arriving at a critical time for the U.S. economy. Inflation is rising. The…
Omicron’s Economic Toll: Missing Workers, More Uncertainty and Higher Inflation (Maybe)
Covid-related absences are creating headaches for businesses that were struggling to hire workers even before Omicron. Restaurants and…