Filings for jobless claims rose sharply from near the lowest levels on record, as workers and businesses contend with Omicron-related disruptions in a tight labor market.
during the week that ended on Jan. 15, following an increase for the week ended Jan. 8, the Labor Department said Thursday. The four-week average, which smooths out volatility, was 231,000, an increase of 20,000 from last week’s average.
They say to stop comparing what's going on to Germany in the 1930's, well too effing bad because it's no different. The only thing that's changed are the excuses and names of those leading the attacks. Dur Sturmer and The Star, articles are almost 84 year apart.
Inflation and stagnating economy=stagflation. Fed must hike rates. Biden could ease the problem by reverting to Trump energy policies and stop with excessive spending. But Biden Admin won’t do it. Get ready for a bumpy economy ride.
Will this be part of Tom Hanks' script........................
Maybe companies getting rid of holiday seasonal workers. No?
Don't worry Marty Walsh is all over it 🙄
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US jobless claims rise to 286,000, highest since OctoberWASHINGTON (AP) — The number of Americans applying for unemployment benefits rose to the highest level in three months as the fast-spreading omicron variant disrupted the job market. Jobless claims rose for the third straight week — by 55,000 to 286,000, highest since mid-October, the Labor Department reported Thursday.
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Japan Markets Set to Rise as Nasdaq Closes in Correction Territory; China to Release Loan Prime RateShares in Japan were set to rise, even as Wall Street fell with the Nasdaq closing in correction territory, and U.S. yields retreated after rising this week.
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U.S.'s Blinken to visit Ukraine following Russia talksU.S. President Joe Biden's top diplomat will visit Kyiv this week after talks with Russia ended in a stalemate last week amid concerns in Washington that Moscow is preparing to invade Ukraine. And Winken and Nod?
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Starbucks among highest-profile companies to nix vaccine mandateIn a memo sent Tuesday to its 228,000 U.S. employees, the Seattle coffee giant said it was responding to last week’s ruling by the U.S. Supreme Court.
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The OSHA rule is blocked. Here’s how experts say employers can proceed.Employment attorneys say a number of businesses that put in the legwork to create mandate-or-testing programs now must decide whether to proceed with their plans even though they no longer face potential federal penalties.
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New Jobless Claims Keep Unexpectedly Spiking As Omicron Surge ‘Taints’ Economic RecoveryThe number of Americans receiving unemployment benefits jumped above 1.6 million.
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