made possible through a Chicago Department of Business Affairs and Consumer Protection Small Business Storefront Activation Program grant, and all small businesses are Chicago businesses who have been negatively impacted by the pandemic.
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The U.S. Labor Market Is Less Tight Than It AppearsThe Federal Reserve is hiking interest rates to fight inflation, and looking at measures of the labor market to see how it’s doing. When the labor market has very little slack—when there aren’t many workers looking for jobs—inflation tends to rise. But conventional measures of labor market slack aren’t perfect, and a new measure from LinkedIn researchers paints a much different picture: it suggests the labor market is much looser, which means inflation might not be as high in the future as traditional metrics would indicate.
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