Economists say the supply of jobs and workers is coming into better balance than during the labor shortages of the pandemic.
“I have not seen us write more than two offers before getting an acceptance, whereas before it was writing offer after offer after offer,” said Houston real estate broker LaTisha Grant.
For now, it’s boosting other parts of the economy — chipmakers and contractors that build data centers, for example.
And why is there no target number to measure it, as there is with inflation —the Federal Reserve’s other mandate?
Reporting quarterly results, the fast-food company said customers “continue to be more intentional with the dollars they spend.”
The U.S. increasingly uses economic curbs against bad actors, reports The Washington Post’s Jeff Stein. But some consequences are unintended.
In meetings this week, central bankers will consider cutting interest rates in the U.S. and U.K., while rate hikes could be on the table in Japan.
Older siblings have an economic leg up on their younger counterparts, according to a growing body of economic research.
Before barcodes and electronic management systems, there were inventory clerks with pens and clipboards.
Incomes are up, consumption is up too — but the personal savings rate is down to 3.4%.
