People are converging on beach towns again now that COVID-19 is fading but shops and restaurants are struggling with worker and product shortages.
Author: Paul Davidson, USA TODAY
Fed keeps key rate near zero but moves up forecasts for initial rate hikes to 2023 amid upbeat outlook, stronger inflation
The Federal Reserve kept its benchmark interest rate near zero but moved up its forecast for initial rate hikes to 2023.
Why can’t companies find workers? Spurred by COVID-19, many are launching new businesses
Americans are starting new businesses in large numbers because of COVID-19. The trend is contributing to widespread worker shortages, economists say.
A stigma no longer? Companies hire more long-term unemployed as they struggle with worker shortages
Long-term unemployment fell sharply in May as more businesses squeezed by labor shortages amid the COVID-19 pandemic hired the chronically jobless.
U.S. economy added 559K jobs in May and unemployment fell to 5.8% as COVID cases fell, more states reopened, report shows
Employers added 550,000 jobs in May as COVID cases fell, more states reopened and vaccinations increased.
As offices reopen after COVID-19, more companies will let employees work from home or hire workers who live far away
Most companies plan to reopen offices by October, but many employees will be able to continue working from home over the long term.
Need a job? Have no experience? That’s OK! Companies are relaxing job requirements to cope with worker shortages
Employers are loosening job qualifications as the economy bounces back from the COVID slump and they struggle to find workers.
Permanent jobs rise as employers sweeten pay, benefits for gig workers amid labor shortages
More gig workers are taking permanent jobs as employers sweeten pay and benefits amid labor shortages.
‘The DNA of work has changed’: Many Americans want to keep working from home after the COVID-19 crisis passes
Many people want to work from home full-time even after COVID-19 eases. They cite flexibility and worries about socializing among their concerns.
‘I really had sticker shock’: Will a reopening economy mean surging prices for Americans?
A surge in inflation last month intensifies a debate over whether price increases will fade or pick up steam.