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U S Economy Grew 1 7% in 4th Quarter, Capping a Strong Year

The overall 2021 increase in the gross domestic product was the biggest in decades as the pandemic’s effects eased, though challenges continue.

New yorkUnited statesAllison schragerJeromeh powellEllen zentnerJulia coronadoMorgan stanleyInternational monetary fundFederal reserveLabor departmentUniversity of texas at austinManhattan instituteCommerce departmentCongressional budget officeWorkers quit than everClaims plunge

Omicron Is the Latest Covid Blow to the Economy - The New York Times

The latest wave of coronavirus cases is slowing the recovery, but its longer-term impact is less clear.

New yorkUnited statesSalt lake cityAditya bhaveTara sinclairNela richardsonConstancel hunterBarack obamaKarsten moranJason furmanTyler howellsUnited airlinesCensus bureauHousehold pulseFederal reserveNewark liberty international airport

Omicron s Economic Toll: Missing Workers, More Uncertainty and Higher Inflation (Maybe)

The latest wave of coronavirus cases is slowing the recovery, but its longer-term impact is less clear.

New yorkUnited statesSalt lake cityAditya bhaveTara sinclairNela richardsonConstancel hunterBarack obamaKarsten moranJason furmanTyler howellsUnited airlinesCensus bureauHousehold pulseFederal reserveNewark liberty international airport

Unionizing Starbucks, Inspired by Bernie Sanders

The liberal workers the company has long attracted are expanding a union campaign to other cities after a landmark victory in Buffalo.

New yorkUnited statesAl iskandariyahSan francisco state universitySan franciscoReggie borgesGlen harrisRachel ybarraMaggie carterDavid pryzbylskiBarnes thornburgStevenm swirskyRichard bensingerJohn loganBernie sandersNational labor relations board

December Jobs Report: U S Added Only 199,000 Jobs

The gain was the weakest of the year, but not for lack of demand: The unemployment rate fell to 3.9 percent and wages increased.

United statesMichael feroliNela richardsonJulia coronadoGennadiy goldbergFederal reserveLabor departmentWorkers quit than everClaims plungeNick bunkerIndeed hiringOmicron variantJob recruiting and hiringWages and salariesUs economyPart time

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