Economists

Massive Nurse Shortage Hits Houston—Weeks After 150 Unvaccinated Nurses and Hospital Workers Fired

Houston hospitals have “reached a breaking point” amid a COVID-19 outbreak, which struck weeks after 150 hospital workers were fired by Houston Methodist hospital, one of several hospitals struggling.

High Inflation Could Be Stickier Than Anticipated

Companies raise prices in response to higher labor costs, fanning inflation further

An early warning from New York

Manufacturing activity growth decelerated sharply in New York.

Job Openings Jump to Record High 10.1 Million

U.S. employers posted a record number of available jobs in June, data from the U.S. Bureau of Labor Statistics showed Monday.

Private sector hiring slows sharply in July

ADP says US economy added 330,000 private-sector jobs in July.

Something Truly Remarkable is Unfolding in France, And It’s Starting to Feel a Little “King Louis-ish”

There’s something remarkable happening in France right now, and it’s starting to feel a little “Louis XVI-ish.”

The Labor Shortage Is Worse Than It Looks, and Help Is Not on the Way

For Fadi Achour, the general manager at Delta Hotels in suburban Detroit, September can’t come soon enough. He is operating with less than half his normal staff. Room service and overnight cleaning has been nixed. The restaurant has limited hours and a bare-bones menu.

U.S. economy grew at a 6.5% rate last quarter, missing expectations

The U.S. economy grew at an annualized 6.5% rate last quarter, the government said Thursday — slower than the 8.4% economists expected.

Jobless claims remain higher than economists expected

411,000 unemployment claims filed last week

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