Economy News

The school district, in the Mojave Desert, hopes the flyers will get to parents and help it fill more than 200 job openings.

One-third of the hiring managers surveyed said they automatically eliminate resumes that don't include vaccination status, according to Resume Builder.

Nobody should assume the Federal Reserve can help if Congress fails to lift the debt limit ahead of a mid-October deadline, Powell said.

McConnell started a logjam in Congress. Now he's lecturing Democrats about fixing it, as the US barrels towards a potential default within weeks.

Millions of Americans aren't returning to work, JPMorgan found. Some are worried about childcare, others expect more out of a job than they used to.

"Even a short-lived default could threaten economic growth," the group wrote in a letter. McConnell isn't budging on his refusal to help Democrats.

The Fed's emergency asset purchases have lifted markets and supported the recovery since early 2020. They could start shrinking later in the fall.

Restaurants are desperate to hire, so some are revisiting the federal minimum for tipped workers of $2.13 an hour.

Public servants like government and nonprofit workers bank on this debt forgiveness program, but thousands of teachers found out they don't qualify.

Since the Fed polices Wall Street banks, it needs to "lead by example" and fire the officials who traded on the job, one group said.

Two recessions before the age of 40, student debt, and soaring cost of living kept millennials from building wealth, even though they're getting paid.

The Delta wave has kept the labor shortage going into the fall. There are three unresolved "mismatches" between what workers and companies want.

Monty Rakusen/Getty Images.

• Some jobs typically need an associate's degree, such as respiratory therapists.
• That occupation make

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The number of new homes waiting to be built hit a record last month, as shortages further complicate the housing crisis.

Treasury Secs. Steve Mnuchin and Henry Paulson warned McConnell of the consequences of not raising the debt ceiling as the US approaches default.

The passage of the bill does little to resolve the standoff between Democrats and Republicans as the US veers into a potential government shutdown.

Biden needs results not just to transform the economy, but to have something to run on. "The party's future depends on getting this bill done."

If the government defaults on its debt, the resulting downturn would be similar to the 2008 financial crisis, Mark Zandi of Moody's said.

Democrats and Republicans have less than a month to raise the debt ceiling. The stakes are incredibly high, but lawmakers are at an impasse.

"It's unacceptable, it's un-American. And at the rate we're going, it's unsustainable," Senate Majority Leader Schumer said on Tuesday.

The average annual decrease in income from UI cuts is $13,728 per person, and the average annual decrease in spending is $7,450, EPI reports.

AOC and Ayanna Pressley support the bill, which gives the federal government the power to implement its own eviction moratorium.