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Inflation Expected to Remain High Even as Economy Slows and Layoffs Rise

“The hunger of children is not a necessary cost to pay to bring down inflation,” Ms. Ananat, of Barnard, said.Republicans, meanwhile, have blamed the Biden administration — and in particular, […]




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Rapid Inflation, Lower Employment: How the U.S. Pandemic Response Measures Up

The United States spent more aggressively to protect its economy from the pandemic than many global peers, a strategy that has helped to foment more rapid inflation — but also […]







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October 2021 Jobs Report: Gain of 531,000 Offers Brighter Picture

“It’s a euphemism, but something the Fed takes very seriously,” said Diane Swonk, the chief economist at the accounting firm Grant Thornton. If the current surge in prices does not […]




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The Economic Rebound Is Still Waiting for Workers

“They’re making a lot of profits in part because they’re saving on labor costs, and the question is how long can that go on,” said Julia Pollak, chief economist for […]




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September 2021 Jobs Report Shows Gain of Just 194,000 as Delta Persisted

Job growth slowed to the year’s weakest pace last month as the latest coronavirus wave dashed hopes of an imminent return to normal for the U.S. economy.Employers added just 194,000 […]




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Poverty in U.S. Declined Thanks to Government Aid, Census Report Shows

The share of people living in poverty in the United States fell to a record low last year as an enormous government relief effort helped offset the worst economic contraction […]







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Unemployment Benefits Expire for Millions Without Pushback From Biden

WASHINGTON — Expanded unemployment benefits that have kept millions of Americans afloat during the pandemic expired on Monday, setting up an abrupt cutoff of assistance to 7.5 million people as […]




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Unemployment Benefits to Millions Are About to End

“You put 10, 15, 20 years into a career and then to suddenly not be able to go see a dentist anymore, it feels like something’s wrong there,” she said. […]