Some economists say high inflation is still on track to ease in coming months despite disappointing CPI report. Others say it will hang around longer.
Author: Paul Davidson, USA TODAY
Social Security recipients could receive 8.7% COLA bump in 2023 as inflation soars
Social Security payments could rise by 8.7% in 2023 for about 70 million retirees, disabled people and others. That would be the most since 1982.
Inflation remains high, sending stocks tumbling, even as lower gas prices ease consumer pain, CPI report shows
Food and rent costs rose again in August, a CPI report showed, offsetting lower gas prices and raising fears the Fed will keep sharply hiking rates.
COVID’s wrath is receding: Women from 25 to 54 are returning to the job market
The share of working-age women back at work or looking for jobs shot past its pre-pandemic peak. Child care, inflation and wages are factors.
Can anything stop blockbuster US job growth? Why it keeps rolling despite slowing economy, recession worries
Hiring has continued to boom despite slowing sales and recession fears as firms struggling with labor shortages have been hesitant to lay off workers.
August jobs report: Job market ‘falling back to earth,’ unemployment rises to 3.7%.
The economy added 315,000 jobs in August, “getting Americans back to work,” says Labor Secretary Walsh. Unemployment rose from 3.5% to 3.7%.
A new gender gap surfaces. Men recovered all jobs lost during the pandemic. Women have not.
Men regained all jobs wiped out by the pandemic, the July jobs report shows. But women still lag, even as the economy recoups all 22M lost jobs.
What is quiet quitting?: Employees suffering pandemic burnout say they’ve just stopped working as hard
Employees burned out by COVID-era workloads say they’ll do what’s required in their jobs but won’t go above and beyond. Some call is ‘quiet quitting.’
Inflation comes off 40-year high, but stays elevated at 8.5% as gas prices fall, but food, rent jump, CPI report shows
Inflation backed off a 40-year high last month as gas prices fell but food and rent costs rose again, CPI report shows
Is soaring inflation worse than the recession the Fed may trigger by aggressively fighting it?
Some economists argue soaring inflation is so toxic that it’s worth fighting it with sharp rate hikes even at risk of recession. Others disagree.