Yellen sees stronger labor market after US shakes off ‘shock’ from delta

Yellen sees stronger labor market after US shakes off ‘shock’ from delta

This post was originally published on this siteTreasury Secretary Janet Yellen said in a Wednesday interview that the U.S. economy is on still on track for a strong recovery from the “very unusual shock” of the pandemic despite labor shortages and high inflation.In an interview with MSNBC’s…

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6.6 million Americans filed for unemployment, setting new record

6.6 million Americans filed for unemployment, setting new record

This post was originally published on this siteMore than 6.6 million Americans have filed for unemployment benefits last week, double the number of claims from the week before. Experts are saying next week’s numbers could be worse. Mark Strassmann reports.

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Tight Labor Market Keeping Jobless Claims in Check

Tight Labor Market Keeping Jobless Claims in Check

This post was originally published on this siteEconomists estimate unemployment applications fell to near a pandemic low.

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What’s behind the push for a fourth stimulus check

What’s behind the push for a fourth stimulus check

This post was originally published on this siteIRS has distributed almost 170 million payments. But hardship remains widespread as the Delta variant spreads.

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Return of Office Workers Reaches Pandemic High

Return of Office Workers Reaches Pandemic High

This post was originally published on this siteAs Covid-19 infection rates fall, workers are trickling back to the office at the highest rate since the pandemic began, with more firms indicating that they will be welcoming workers back in the weeks ahead.

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What’s going on with jobs? 5 takeaways from September hiring trends

What’s going on with jobs? 5 takeaways from September hiring trends

This post was originally published on this siteJob growth was disappointing in September as worker shortages intensified, but a drop in COVID-19 cases could strengthen hiring in the coming months.     

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U.S. Job Growth Likely Picked Up in September

U.S. Job Growth Likely Picked Up in September

This post was originally published on this siteEconomists estimate that employers created 500,000 jobs in September, more than double the number added in August, according to a Wall Street Journal survey.

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