Posts tagged Federal Reserve

    News Article Research ● Labor

    Millions of people who left the US job market last year plan to stay away in an act of ‘long social distancing,’ fanning the flames of inflation

    April 21, 2022 // The dropouts were most likely to be women, those lacking a college degree, and people working in low-paid sectors, the researchers said. A quarter of those unwilling to return to pre-pandemic activities cited pandemic fears as a primary or secondary factor.

    Covid eating out economic security Fed Rate Increase Federal Reserve high price rises endemic in-person work inflation Instituto Tecnológico Autónomo de México job market Joe Biden José María Barrero labor force Labor Market Labor shortage long social distancing low-paid sectors Nicholas Bloom paid leave Pandemic pandemic fears Ryan Hogg Stanford University Steven J. Davis University of Chicago Wall Street Journal White House policy without college degree women-

    Op-ed / Commentary Research ● Unions

    The Jobs Report Came in Strong. Don’t Celebrate Yet.

    February 7, 2022 // The Biden administration is celebrating the better-than-expected 467,000 January job-creation numbers from the Bureau of Labor Statistics. But the new data put the Federal Reserve even further behind in fighting inflation, potentially setting up a 50 basis point increase in March, rather than the 25 basis point increase markets are primed for. That could send equities further down.

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    News Article ● Labor

    Companies unexpectedly cut 301,000 jobs in January as omicron slams labor market, ADP says

    February 2, 2022 // Companies cut jobs in January for the first time in more than a year as the spread of the Covid omicron variant appeared to hit hiring, payroll processing firm ADP reported Wednesday.

    ADP Bureau of Labor and Statistics CNBC Covid DOL Dow Jones estimate education and health services Federal Reserve Jeff Cox job loss Labor Market leisure and hospitality industry Manufacturing negative job growth omicron Trade transportation Utilities