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An economic group concluded that the downturn was limited to March and April 2020, though the pandemic’s impact continues to play out.
Continue reading …MANHATTAN (CN) — Inflation jumped nearly 1% again last month, with the hot economy seeing the largest one-month increase since the early days of the Great Recession. Core inflation — a measure of prices, sans food and energy — and headline inflation — which measures all goods — both increased by 0.9%, about double what […]
Continue reading …It’s the tightest labor market in 50 years, but fear of a looming recession is out there. Even though no one’s really certain about when it may happen or what might cause it. So is talk of a recession a false alarm?
Continue reading …JPMorgan Chase & Co, the biggest U.S. bank by assets, said on Tuesday it expects to face rising costs for deposits, a key part of its business, and slowing global economic growth.
Continue reading …The most effective way to prepare for a recession is to strengthen the way your business operates today. HR professionals share lessons they learned during the Great Recession.
Continue reading …CHICAGO/SAN FRANCISCO (Reuters) – As the gap between short- and long-term borrowing costs hovers near its lowest in more than 10 years, speculation has risen over whether the so-called yield curve is signaling that a recession could be around the corner.
Continue reading …OAKLAND, Calif./CANTON, N.Y./WASHINGTON (Reuters) – The kind of pay raises for which American workers have waited years are now here for a broadening swath of the country, according to a Reuters analysis of state-by-state data that suggests falling unemployment has finally begun boosting wages.
Continue reading …To write “Nomadland,” Jessica Bruder spent three years traveling and working alongside grandparents and others living in school buses and vans seeking seasonal work.
Continue reading …Figures from the state comptroller show that more than 9.12 million New Yorkers worked a job in 2016, the highest total since 2008.
Continue reading …Undergraduate interns earned less in 2017 than they did in 2010 when their salaries are adjusted for inflation. However, their pay has grown over the past three years which, when coupled with an increase in intern hiring, suggests intern wages may soon see a larger boost.
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