Page 16 - Cornerstone Macro News Today

[Fed Taper, Bank of England raise interest rates? Traders in global bond markets may usher in the most critical moment of the year when the Federal Reserve and the Bank of England announce their high-profile November interest rate decisions.

Investors are gauging what a furious flattening of the U.S. yield curve suggests about expectations for growth and how aggressively the Federal Reserve may tighten monetary policy in the face of...

The pandemic has forced many people — mostly women — to lose their jobs, and created a labor shortage as well

PIPR earnings call for the period ending September 30, 2021.

The pandemic has made clear what many experts had long warned: The absence of reliable and affordable child care limits which jobs people can accept, makes it harder to climb the corporate ladder and ultimately restricts the ability of the broader economy to grow.\n

As covid-19 puts new strains on parents, the pandemic is making clear what many experts had long warned even in more stable times: The absence of reliable and affordable child care limits which jobs people can accept, makes it harder to climb the corporate ladder and ultimately restricts the ability of the broader economy to grow.

Each caretaker resignation, coronavirus exposure and day care center closure reveals an industry on the brink, with wide-reaching implications for an entire economy's workforce.

Childcare has long been a high-cost market, and with the pandemic, tuition prices in the U.S. are increasing as workers demand higher wages. The effects are being felt in the larger economy as parents, who have been priced out, are leaving the workforce to care for their kids.

As covid-19 puts new strains on parents, the pandemic is making clear what many experts had long warned even in more stable times: The absence of reliable and affordable child care limits which jobs people can accept, makes it harder to climb the corporate ladder and ultimately restricts the ability of the broader economy to grow.

After Bryan Kang’s son was born in July, the occupational therapist and his wife, a teacher, started looking for child care in the Los Angeles area. The couple called eight day care centers: Some didn’t have spots for months; others stopped taking their calls and some never answered at all. So with no viable options,…