WASHINGTON - The U.S. job market in April cleared a key hurdle in its slow return from the COVID-19 pandemic when a wonky economic chart known as the "Beveridge Curve" finished its own journey from where it had shifted during the health crisis back to where it was in 2018 to 2019.
In April it had returned to 1.24, a steady realignment between the demand for workers and those available to fill jobs.From "ghosted" employers to a wave of retirements, the pandemic was a moment of peak leverage for people who wanted to negotiate new terms, a new job or better pay, or simply not show up. The quits rate told the tale, with nearly 3% of the workforce leaving jobs every month from mid-2021 to mid-2022 - a historic reshuffling of the labor market.
The job growth seen during the post-pandemic reopening of the economy, however, is widely considered unsustainable. It has been slowing, with a pace gradually coming into line with the average of 183,000 per month seen in the decade before the health crisis.Donald Trump Spokesperson's ‘Shameful’ Admission Is 1 Gigantic Self-OwnGeorge Conway knocks CNN for Trump trial coverage
‘I’m not going to continue to live life in shame and be beat up by this,’ the embattled GOP lawmaker said‘Trust Jesus’ MAGA Bus Crashes Into Pole Ahead of Staten Island Pro-Trump Rally Former U.N. weapons inspector turned sex offender Scott Ritter has made a name for himself parroting Kremlin propaganda about the war against Ukraine.But if he was hoping Moscow would back him up after he says he was barred from traveling to Russia because Washington is “afraid” of him appearing at a St. Petersburg economic forum, he was apparently sadly mistaken.While Ritter and his supporters—including Russian media—have played up the notion that his passport was seized because he has the U.S.
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