Millions retired early during the pandemic. Many are working again, new data shows.

Millions retired early during the pandemic. Many are working again, new data shows.

This post was originally published on this siteAn estimated 1.5 million retirees have re-entered the U.S. labor market over the past year, making up for most of the excess losses since February 2020, according to an analysis of Labor Department data. Retirees report going back to work due to diminishing...

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Jobless claims fall to lowest level since 1969

Jobless claims fall to lowest level since 1969

This post was originally published on this siteNew weekly applications for jobless aid fell to the lowest seasonally adjusted level since September 1969 last week, according to data released Thursday by the Labor Department.In the week ending March 19, initial claims for unemployment insurance…

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American workers leaving their jobs in droves, companies struggle to hire

American workers leaving their jobs in droves, companies struggle to hire

This post was originally published on this site American workers are quitting their jobs by the millions every month taking advantage of new opportunities created by the pandemic recovery, and creating an unprecedented labor shortage for companies. In October, 4.2 million Americans resigned, after 4.4 million in September and 4.3...

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U.S. Inflation Likely Reached 30-Year High in October

U.S. Inflation Likely Reached 30-Year High in October

This post was originally published on this siteEconomists expect the Labor Department to report that the consumer-price index rose 5.9% last month amid pandemic-related supply shortages and continued strength in consumer demand.

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Jobless Claims Likely Held Near Low Levels

Jobless Claims Likely Held Near Low Levels

This post was originally published on this siteEconomists expect a Labor Department report to show that filings for unemployment benefits remained near a pandemic low last week as employers contend with a tightening labor market.

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