An employment fair last month. The labor-force participation rate was 62.1% in July, much lower than the prepandemic rate of 63.4%. Photo: Tampa Bay Times/Zuma Press by Gwynn Guilford, The Wall … [Read more...] about Labor Shortage Is Vexing Challenge for U.S. Economy
Inflation Hits Fresh Four-Decade High, According to Fed's Preferred Measure
Consumer prices rose 6.8% in June from a year earlier, as measured by the Commerce Department’s personal-consumption expenditures price index. Photo: Brandon Bell/Getty Images by Gwynn Guilford, The … [Read more...] about Inflation Hits Fresh Four-Decade High, According to Fed's Preferred Measure