Posts tagged omicron

    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.

    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.

    County at an impasse: Union workers say they’re set to strike next week; management says deal is fair

    January 20, 2022 // “While we hope for a quick resolution we are prepared for the long haul,” Hoppin said. “Unfortunately, it is those members of our community who depend on county services and staff — from public health workers to benefits representatives to road repair crews — who will bear the brunt of this decision.”