As the consumer price index continues to climb, indicating rising prices for energy, food and other consumer goods, wholesale prices also jumped in recent months. This November, wholesale prices.
The jobs report issued on Friday, Dec. 3 shows 210,000 jobs added in November, well below analyst expectations of 550,000 reported by Bloomberg. The labor market has struggled to bounce back during.
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People eat outside in Fort Greene, Brooklyn during the coronavirus outbreak, Dec. 29, 2020. (Ben Fractenberg/THE CITY)
This story was originally published on January 21 2021 by THE CITY. Sign up here to get the latest stories from THE CITY delivered to you each morning.
The city s already slower-than-expected economic recovery from the pandemic downturn has stalled and threatens a see-saw double-dip recession, at least for the early months of the year.
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New York City lost 7,500 jobs in December, state labor data released Thursday shows, primarily because of the shutdown of indoor dining. It marked the first decline in jobs since a low in April.