Black unemployment fell quickly after the initial pandemic downturn. But as the Federal Reserve fights inflation, those gains could be eroded.
Tag: Layoffs and Job Reductions
-
In an Unequal Economy, the Poor Face Inflation Now and Job Loss Later
Americans with low incomes are pulling back from buying even as their richer counterparts keep spending — with potentially big consequences.
-
The Humbling of Coinbase
In just over a year, the United States’ largest cryptocurrency exchange went from a triumphant public offering to a “crypto winter” of cost cutting and layoffs.
-
Who’s to Blame for a Factory Shutdown: A Company, or California?
The closing of a meatpacking plant near downtown Los Angeles has left its workers reeling and amplified questions about doing business in the state.
-
How Do Workers’ Wages Relate to Inflation?
Why workers’ pay has become central to inflation debates.