A new report from the Chicago Federal Reserve on business conditions in the central bank’s seventh district paints a picture of slowing growth and historically high price pressures, with labor cost inflation at a record high.
California State Assembly employees who didn’t start the process of obtaining a COVID-19 vaccination by September 1 and who don’t have an approved religious or medical exemption on file have now been placed on unpaid leave — even those who work remotely — according to legislative sources who spoke to RedState on condition of anonymity.
Friday’s lackluster non-farm payrolls report, which showed American employers adding far fewer jobs in August than expected, is likely to cool enthusiasm among Federal Reserve policymakers for a quick roll-back of stimulus, some experts believe.
The U.S. economy added 235,000 jobs in August and the unemployment rate dipped to 5.2 percent, the Labor Department said in its monthly labor assessment Friday.