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The latest data on job openings, hiring, and quits imply that workers who produce and distribute physical goods are the ones in highest demand, writes Matthew C. Klein → Read More
Sen. Elizabeth Warren (D., Mass.) may have lost the Democrats’ presidential primary, but she’s managed to win many of the major intellectual arguments driving the choices of the Biden administration. Warren made her academic career studying consumer bankruptcy—and first entered the political arena nearly two decades ago by clashing with then Sen. Joe Biden over changes to the code that would… → Read More
Vaccines should ease bottlenecks in some sectors, but others will require some combination of lower demand and more capacity, writes Matthew C. Klein. → Read More
The pandemic drove economic anomalies that haven’t been seen since the Great Depression, or ever, while also stirring booms in home building and saving. The... → Read More
One of the most important sectors of the U.S. economy has been sending mixed signals for months. → Read More
The October gains were robust, but the current growth rate just isn’t fast enough to prevent lasting damage to careers and livelihoods for many Americans,... → Read More
As of mid-September, there were still 7% fewer Americans with a job than in February. That translates to about 11.7 million fewer people working than before the pandemic. → Read More
The rebound in shipments of durable goods continues—excluding the beleaguered aerospace sector. But producers continue to draw down inventories to meet customer demand, writes Matthew C. Klein. → Read More
It’s a big week for Canadian financial stocks, tech names such as Palo Alto Networks and Intuit, and economic news. → Read More
Other data from the government and private-sector sources all suggest the labor market recovery has stalled. → Read More
The World Health Organization declared the coronavirus outbreak a pandemic on March 11, and many industries suffered in the economic fallout. Here’s a look... → Read More
The biggest job losses last month were at local governments, followed by passenger transportation, and media. → Read More
Far from displacing the U.S. economically, the likelier outcome is that China will soon enter a long period of relative decline. → Read More
But the rest of the capital-goods sector is holding up much better—for now. → Read More
About 85% of all California unemployment-insurance applicants since mid-March reported they expect to get their old job back once the crisis ends. That is up... → Read More
New surveys of purchasing managers in the manufacturing industry, published the Institute of Supply Management and IHS Markit, show a decline in activity as bad as anything in 2008-09. → Read More
In the aftermath of the coronavirus pandemic, productivity will be lower, households will be more risk-averse, and tens of millions of workers will endure... → Read More
The global dollar shortage is gradually subsiding. But money is now starting to show up in strange places. → Read More
Latest Federal Reserve data show emergency loans are up more than $500 billion since the end of February. → Read More
The contraction of Germany’s export markets presents the country with a valuable opportunity to overhaul its economic model by having Germans spend more on themselves. → Read More