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Tag: Unemployment
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 in its…
January 2022 Jobs Report: Strong Gains Show Resilient Economy
A record-setting spike in coronavirus cases kept millions of workers at home in January and disrupted businesses from coast to…
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 retail stores…
December Jobs Report: U.S. Added 199,000 Jobs
“We’re all sort of at the whims of these variants and surges in cases, and it’s hard to know when…
As Beijing Takes Control, Chinese Tech Companies Lose Jobs and Hope
The video platform that laid off Mr. Zhao, iQiyi, had an abysmal quarter, losing about $268 million. Its share prices…
Job Openings Report Shows Record Number of Workers Quit in November
There are signs that the worst of the turbulence was beginning to ease late last year. The number of job…