Omicron has thrown a return to the office into disarray, perhaps for months. Among companies pausing reopenings are Apple, Ford and Fidelity.
Author: Paul Davidson, USA TODAY
Minimum wage is about to rise in 21 states, 35 localities as more embrace $15 an hour
The minimum wage is set to rise in 21 states, 35 cities and counties as movement toward $15 an hour continues to grow.
Federal Reserve sets stage for earlier, faster interest rate hikes as inflation soars
With inflation surging, the Fed clears the way for earlier, faster rate hikes by accelerating wind-down of a bond-buying stimulus program.
Fed could tackle inflation this week by clearing the way for earlier, faster interest-rate hikes
The Fed has kept its key rate near zero since the COVID-19 pandemic triggered a deep recession in March 2020.
CPI report released: Consumer prices jumped 6.8% in November, the fastest inflation spike since 1982
The consumer price index rose 6.8% annually in November, the most since 1982, as supply snarls, labor shortages pushed inflation higher.
Experience, education … COVID vax status? More job candidates put it on their resumes.
A growing number of job applicants are adding their COVID-19 vaccination status to their resumes. Some who don’t are getting screened out.
Job openings hover near all-time highs as Great Resignation shows little sign of easing
The number of people quitting jobs fell from 4.4 million to 4.2 million in October. Job openings increased to 11 million, near all-time high.
Hiring slowed in November, with the economy adding just 210,000 jobs, even as more people sought work
Hiring slowed last month, with just 210,000 jobs added, and COVID hurdles clouding the outlook for the labor market. The unemployment rate fell.
Massachusetts tops 5 states with the worst worker shortages. See where your state ranks.
Gap between job openings and hires during the pandemic can offer a more precise measuring stick, though it’s far from an exact science. Here’s a list.
‘A temporary interruption’: Economy could take slight hit from omicron variant in 2022, experts say
The omicron coronavirus variant could ding economic growth next year as it dampens consumer demand and worsens labor shortages and supply troubles.