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Inflation, declining demand and uncertainty are bumming out investors.
Construction projects are still being complicated by high interest rates, a persistent skilled labor shortage, and manufacturing slowdowns.
Gap is the latest company to announce layoffs. Downsizing among employers reflects shifting consumer habits.
The “I’d prefer a full-time gig, but I can’t find one” measure can give us a sense of how much slack or unmet potential there is in the labor market.
Apple, among other companies, may be seeking manufacturing options in India and other emerging markets.
“The Black workforce is the canary in the coal mine,” said Howard University’s Bill Spriggs. “They’re already suffering.”
The homelessness crisis is being punctuated in the nation’s most populous city by sky-high rents and rising prices, says the CEO of the Bowery Mission, a New York City-based nonprofit.
More than two years after the program kicked off, Marketplace checked in with a few PPP recipients to see how business has been going.
Rural Americans often travel longer distances or use diesel-based equipment, so they are disproportionately affected by fuel prices.
Some laid-off workers are surprised at how fast they were able to find new positions, says Sarah Chaney Cambon of The Wall Street Journal.