High inflation expectations complicate things for Jay Powell’s Fed. Plus, banks are stuck with depreciated bonds and job searchers should prepare to be “in it for the long haul.”
The main difference is inflation.
Outside of chronically short-staffed sectors, many firms are finding qualified workers easily. Openings are scarce in some white-collar fields.
Those losses have stayed elevated ever since the Federal Reserve started raising interest rates.
Onetime Uber executive Mark Moore based his company, Whisper Aero, in Tennessee and had the staff live together in a former lakeside resort.
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