Today news
About the same in other media
6 reasons why Americans aren’t returning to work
Reading now: 433
cnbc.comOn the surface, conditions may seem ripe for a boom in the U.S. labor market.
There are still 5 million fewer jobs than before the pandemic but job openings are near record highs. And hourly pay has risen, in some sectors by more than 10% in a year.
Meanwhile, enhanced federal unemployment benefits ended on Labor Day (or sooner) and kids are largely back in the classroom. Both enhanced jobless pay and distance learning, it was thought, had been roadblocks keeping people from returning to work.
However, that boom hasn't materialized in recent months — at least, not at the rate many expected. Job growth slowed in September after surging in the spring and early summer, and the labor force shrank.
«If you had ever told me we'd have millions of
Read more on cnbc.comAbout this in other media
Major American grocer Kroger to accept Bitcoin Cash cointelegraph.com /3 years ago
Why Bitcoin bears are trying to keep BTC price below $62K for Friday’s options expiry cointelegraph.com /3 years ago
Survey finds lower paid workers are quitting jobs thanks to crypto profits cointelegraph.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
