Most economists, though, say they’re hopeful that with vaccinations helping to suppress the delta wave, more people will seek and find jobs because they’re no longer sick or caring for someone who is or because they no longer fear becoming infected. Those health issues had sidelined more people in September than in previous months.America’s workers, who now enjoy greater leverage in the job market than they have in decades, are receiving solid pay increases.
That inflation surge was a key reason why the Federal Reserve announced this week that it would begin winding down the stimulus it has given the economy since the pandemic recession struck last year. The Fed will do so by reducing its monthly bond purchases, which have been intended to hold down long-term interest rates to spur borrowing and spending.
Yet in the meantime, there are plenty of signs that the economy is healing: The number of people applying for first-time unemployment benefits fell for a fifth straight week, to a level nearly as low as the pace of jobless claims before the pandemic struck 20 months ago.
Tell us how many 'QUIT' and moved on to another jobs...
Get real the national unemployment ended and people went back to work.
Free air! Where is that!?
They still have to change the pay scale with the cost of living. Food, gas, rent, utilities, clothing going up astronomically. Yet the pay scale for many ppl, barely allow them to buy a package of bacon, for 1 hours work. They won't go back to work unless that changes.
Let's go Brandon!!!
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