The 5 best and worst industries at returning to pre-COVID employment levels. Couriers lead, travel agencies trail.
Author: Paul Davidson, USA TODAY
‘Hiring is being held back’: Economy added just 199K jobs in December as worker shortages persisted and omicron began spreading in U.S.
The economy added 199,000 jobs in December as the COVID-19 omicron variant broke out. The unemployment rate fell to 3.9%.
Great Resignation: The number of people quitting jobs hit an all-time high in November as openings stayed near record
The number of people who quit their job hit a record of 4.5M in November as the Great Resignation rolled on. Job openings stayed high at 10.6M.
Stock market will be open New Year’s Eve while bond markets close early Friday
Is the stock market open New Year’s Eve? Yes, the Nasdaq and NYSE are open while bond markets close early Friday as stocks have vaulted to new highs.
Economy, job growth set to slow but remain strong in 2022 as Great Resignation rolls on
Economy, job growth are set to slow but remain strong in 2022 as worker shortages persist and inflation, supply bottlenecks abate along with COVID-19.
Omicron could force many workers who test positive to quarantine under federal mandate, intensifying labor shortages
The contagious omicron variant may force many restaurant, store, hotel and other workers to quarantine if they test positive under a federal mandate.
Is the stock market closed on Christmas Eve?
The stock market will be closed on Friday, Christmas Eve, in observance of Christmas, which falls on Saturday this year.
Return to office paused (again) as COVID rages: Will we ever go back?
Omicron has thrown a return to the office into disarray, perhaps for months. Among companies pausing reopenings are Apple, Ford and Fidelity.
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.