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January s blowout jobs report means the labor market could fully rebound as early as July

Prospective employers and job seekers interact during a job fair Wednesday, Sept. 22, 2021, in the West Hollywood section of Los Angeles. Marcio Jose

United statesWest hollywoodLos angelesBen winckMarcio jose sanchezSouthern californiaMarcio jose

Americans economic hopes plummeted to decade lows in January as Omicron overpowered the US

City workers hand out take-home Covid-19 test kits in lower Manhattan on December 23, 2021 in New York City. Spencer Platt/Getty Images The University

New yorkUnited statesJerome powellSpencer platt gettyMadison hoffBen winckRichard curtinUniversity of michigan consumer sentiment indexUniversity of michigan surveys consumersFederal reserveUniversity of michiganGetty imagesConsumer sentiment indexReserve chair jerome powell

The US economy just grew at its fastest rate since 1984

President Ronald Reagan and President Joe Biden Peter Southwick/AP Photo ; Drew Angerer/Getty Images The US economy grew 5.7% throughout last year,

United statesWhite houseDistrict of columbiaJerome powellWilson powellMadison hoffBen winckJoe bidenRonald reaganJason furmanJoe biden peter southwickMarket committeeCongressional budget officePeterson institute for international economicsFederal reservePresident ronald reagan

US pandemic aid was a lot – but it fueled a world-beating recovery and inflation is being managed, Fed s Powell says

Federal Reserve Chairman Jerome Powell appears during a Senate Banking Committee hearing on Capitol Hill in Washington, Tuesday, Nov. 30, 2021. Andrew

Capitol hillDistrict of columbiaUnited statesJerome powellBen winckSenate banking committeeFederal reserveFederal reserve chairman jerome powellFed chair jerome powellFederal reserve chair jerome powellGreat recession

Republicans and Democrats agree on one thing: The labor shortage s wage gains are great

Restaurant storefront on Middle Neck Road in Great Neck has &quotHelp Wanted&quot sign in window on July 15, 2021. Chris Ware/Newsday RM/Getty Images

United statesJerome powellJoseph zeballos roigRon wydenJohn kennedyBen winckJoe bidenJohn yarmuthDemocrat in congressFederal reserveMiddle neck roadGreat neckGetty imagesEmployment cost indexJames comerCongressional district

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