The report defied expectations and underscored the challenges for the Federal Reserve, which is trying to cool the labor market to fight inflation.
Tag: Unemployment
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Long Covid Is Keeping Significant Numbers of People Out of Work, Study Finds
An analysis of workers’ compensation claims in New York found that 71 percent of claimants with long Covid needed continuing medical treatment or were unable to work for six months or more.
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As France Moves to Delay Retirement, Older Workers Are in a Quandary
A measure to raise the retirement age to 64 from 62 is expected to expose more people to age discrimination: “Companies in France won’t hire them.”
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The Fed May Finally Be Winning the War on Inflation. But at What Cost?
There’s a good chance that the Fed could push the economy into recession. The pain will not be shared equally.
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U.S. employers added 223,000 jobs in December.
Forecasters estimate that employers added 200,000 jobs in December, a robust number though a bit below the average in recent months.