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Business Notes: Sept 19, 2021

Business Notes: Sept 19, 2021
thegazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thegazette.com Daily Mail and Mail on Sunday newspapers.

Jobs report poised to boost or hinder Biden s agenda

Jobs report poised to boost or hinder Biden s agenda
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

Is there a shortage of jobs or a shortage of workers?

No two ways about it: The April jobs report was extremely disappointing. And it’s likely to heat up the debate, now preoccupying the White House, over whether government policy might be subtly discouraging unemployed people from returning to work. Economists and analysts had been expecting around a million jobs to be added on net in April, given the rising share of vaccinated Americans and relaxation of restrictions on business. Instead, employers created a measly 266,000 positions, the Bureau of Labor Statistics reported recently. Job growth for March was revised downward, too. The size of the jobs deficit — the difference between how many jobs there are today vs. pre-pandemic — remains quite large, with employment in April still 8.2 million jobs, or 5.4%, below the peak from February 2020. If April’s hiring pace were to continue indefinitely, it would take 2½ more years before we regained all the jobs we had pre-COVID (and we actually want more jobs than th

One key to getting women back to work post-pandemic: Childcare

One key to getting women back to work post-pandemic: Childcare Reuters 3 hrs ago By Jonnelle Marte (Reuters) - Wendy Niculescu is ready to get back to work after nearly a year and a half of being a stay-at-home mom. She is seeing more job openings in her field of nonprofit fundraising after hiring dried up last year. Niculescu and her husband also feel comfortable sending their children back to in-person day care now that they have both been vaccinated against the coronavirus. But one major issue threatens to complicate her return to the workforce: It could take months for the couple to find a childcare provider in Portland, Oregon, with enough space for their two children, ages two and five.

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