Rising prices, shortages of supplies and the COVID delta variant could slow the economy’s big rebound more than economists first thought.
Author: Paul Davidson, USA TODAY
The economy needs millions of workers. So why can’t college grads find jobs?
Graduates in the class of 2021 are competing with 2020 grads who delayed job searches during COVID-19 and Americans laid off in the health crisis.
Economy added 850K jobs in June, and unemployment rose to 5.9% as COVID cases declined, states lifted restrictions, vaccinations rose
Despite worker shortages, employers added 850,000 jobs in June as COVID cases declined, economy reopened and vaccinations increased.
Trump Organization executive Allen Weisselberg’s indictment sparks the question: What does a chief financial officer do?
The indictment of Allen Weisselberg, the Trump Organization’s chief financial officer, raises questions about the role of a CFO at a big corporation.
As COVID fades, Americans are returning to beach towns. But restaurants and stores are struggling with shortages
People are converging on beach towns again now that COVID-19 is fading but shops and restaurants are struggling with worker and product shortages.
Fed keeps key rate near zero but moves up forecasts for initial rate hikes to 2023 amid upbeat outlook, stronger inflation
The Federal Reserve kept its benchmark interest rate near zero but moved up its forecast for initial rate hikes to 2023.
Why can’t companies find workers? Spurred by COVID-19, many are launching new businesses
Americans are starting new businesses in large numbers because of COVID-19. The trend is contributing to widespread worker shortages, economists say.
A stigma no longer? Companies hire more long-term unemployed as they struggle with worker shortages
Long-term unemployment fell sharply in May as more businesses squeezed by labor shortages amid the COVID-19 pandemic hired the chronically jobless.
U.S. economy added 559K jobs in May and unemployment fell to 5.8% as COVID cases fell, more states reopened, report shows
Employers added 550,000 jobs in May as COVID cases fell, more states reopened and vaccinations increased.
As offices reopen after COVID-19, more companies will let employees work from home or hire workers who live far away
Most companies plan to reopen offices by October, but many employees will be able to continue working from home over the long term.