Coronavirus - COVID-19
Drag on Economy: The ‘Temporarily Laid Off’ Who Become Permanent
Goldman Sachs warns that a big swatch of the jobless will end up staying that way.
Tag: unemployment rate
Risk
Good Job Growth Shows Bosses’ Trade War Fear Has Ebbed, Economist Says
Pantheon’s Shepherdson finds that need for hiring amid solid economic growth calmed worries.
Market Moves
How the Government Shutdown Will Ding the Employment Report
The 35-day closure will pump the jobless rate up to 4.1% for January, RSM’s Brusuelas says.
4 Reasons that Pay Raises Are so Low
Productivity, industry concentration, working insecurity, and baby boomers make up Natixis economist’s list.
Tepid Job Report: Likely Just a Blip
Labor demand likely strong enough to keep pushing unemployment down.
What Are the Odds the Fed Will Go Too Far?
It boosts rates as part of an ongoing drive, reminiscent of the pre-Great Recession hiking.