We're about 3.5 million potential jobs short of a full recovery

May 9, 2022
We’ve now regained more jobs than we lost early in the pandemic in some sectors.
Now Hiring signs are displayed in front of restaurants in Rehoboth Beach, Delaware, on March 19, 2022. (Photo by Stefani Reynolds / AFP) (Photo by STEFANI REYNOLDS/AFP via Getty Images)

Omicron’s peak coincided with key week for jobs data

Feb 2, 2022
The Bureau of Labor Statistics' "reference week," used to calculate employment, included Jan. 12 — when omicron was at its worst.
Because people working in leisure and hospitality are less likely to receive paid sick time, they wouldn't show up on January payrolls if they were out sick with omicron during its peak.
Eric Baradat/AFP via Getty Images

Consumers confidence drags while economy takes a roller coaster ride

Jan 31, 2022
Higher wages and low unemployment are good news to people. Inflation isn't.
A Gallup poll finds that 80% of Americans think inflation will continue to rise in the coming six months.
Spencer Platt/Getty Images

Consumers feel the pinch as inflation, omicron drag on

Jan 28, 2022
Despite good economic data like GDP growth, many Americans are not optimistic.
Though the economic recovery is going strong, inflation is taking a toll on consumer sentiment.
Robyn Beck/AFP via Getty Images

GDP growth in 2021 signals a strong economic recovery

Jan 27, 2022
GDP climbed by 5.7% last year — the highest annual growth rate in more than three decades.
Much of last year’s growth was related to unique circumstances brought on by the pandemic.
Spencer Platt/ Getty Images

IMF downgrades global economic growth in its latest report

Jan 25, 2022
The IMF's Gita Gopinath talks about the challenges facing the global economy as the world enters its third year of the COVID-19 pandemic.
"The global economy did rebound quite strongly in 2021," says the IMF's Gita Gopinath. "The problem is that countries have recovered at very divergent paces." Above, Gopinath at a 2021 interview.
Pedro Ugarte/AFP via Getty Images

Global economic growth likely to slow in 2022, World Bank says

Jan 12, 2022
Inequalities between and within countries could widen in 2022, World Bank President David Malpass warns.
"Vaccines are critical because they reduce the hospitalization, because they allow economies to function," says David Malpass, president of the World Bank.
Andrew Caballero-Reynolds/AFP/Getty Images

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The economic legacy of the Jan. 6 insurrection is "intertwined" with the pandemic

Jan 6, 2022
“So much is good about the recovery,” said Wendy Edelberg of the Brookings Institution. Yet “we’re still in the midst of chaos.”
Protesters loyal to Donald Trump at the U.S. Capitol building on Jan. 6, 2021. The nation's political instability, said Wendy Edelberg of Brookings, "makes me nervous for the year ahead."
Tasos Katopodis/Getty Images

When it comes to the booming job market, not all states are created equal

Jan 5, 2022
States that weren't hit as hard by the pandemic slowdown have already mostly recovered.
States that rely on tourism, like Hawaii, were among the hardest hit economically by COVID-19 but have had strong rebounds. Above, beachgoers in Honolulu.
Eugene Tanner/AFP via Getty Images

What job trends will the new year bring?

Dec 30, 2021
The economy is growing and employers are still looking for workers, and that trend will probably continue for awhile.
With strong job growth in recent months, job hunters may have their pick of jobs heading in to the new year.
Joe Raedle via Getty Images