Government data from November showed job openings remained high, with rates of quitting and layoffs holding steady.
Tag: United States Economy
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Auto Sales Likely Fell in 2022 Because of Supply Chain Chaos
Automakers have been hampered by the supply of semiconductors and higher interest rates.
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Wave of Job-Switching Has Employers on a Training Treadmill
The rise in turnover since the pandemic started has a cost in productivity: “It’s taking longer to get stuff out the door.”
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Biden Caps Two Years of Action on the Economy, With New Challenges Ahead
The president used a slim congressional majority to enact legislation that could reshape the American economy — if his administration can make the laws succeed.
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U.S. Pours Money Into Chips, but Even Soaring Spending Has Limits
Amid a tech cold war with China, U.S. companies have pledged nearly $200 billion for chip manufacturing projects since early 2020. But the investments are not a silver bullet.