The pandemic has made the government’s employment figures more volatile so the job market may be healthier than the modest hiring gain reported.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness
Food costs ease from near record, offering inflation respite
A United Nations index tracking everything from grains to meat fell 0.9% in December, potentially helping to ease the run-up in prices of grocery store products. Still, the gauge remains near 2011’s all-time high.
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Posted inBusiness
Normalizing but not back to normal: The U.S. job market in 2022
Economists are hopeful that – if the virus is under control – labor supply will start to normalize later this year.
Posted inBusiness, Nation / World
More than 2,000 flights canceled Thursday after two weeks of disruption
The elevated number of cancellations showed no signs of easing two weeks after emerging on Christmas Eve.
Posted inBusiness, Nation / World
November trade deficit hits near-record high of $80.2 billion
The November deficit was 19.3% higher than the October deficit of $67.2 billion, the Commerce Department reported Thursday.
Posted inBusiness, Nation / World
France fines Google, Facebook millions over tracking consent
U.S. online giants give French users a single button to immediately accept cookies, but there is not an equally simple way for them to decline.
Posted inBusiness, Nation / World, News
U.S. jobless claims rise by 7,000, but still low at 207,000
The job market has bounced back from last year’s brief but intense coronavirus recession.
Posted inBusiness, Nation / World
Uber rider refunded $600 after interstate shutdown
Hundreds of motorists were stranded in freezing temperatures along a 40-mile stretch of I-95.
Posted inBusiness
Fed officials see U.S. job market near full recovery
Policymakers say the central bank’s low interest rate policies are no longer needed.
Posted inBusiness
Stocks slump after release of Fed minutes
The tech-heavy Nasdaq falls 3.3 percent, its worst decline since February.