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      • As pressure from the Fed’s war on inflation builds, nonfarm payrolls will begin shrinking early next year, translating to a loss of about 175,000 jobs a month during the first quarter, the bank said. Charts published by Bank of America suggest job losses will continue through much of 2023.
      www.cnn.com/2022/10/10/economy/jobs-recession-unemployment/index.html
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  2. Aug 2, 2024 · The U.S. added far fewer jobs than expected last month, raising worries about a broader economic slowdown. Employers added just 114,000 jobs in July, according to a report Friday from the Labor...

  3. Apr 19, 2021 · COVID-19 has significantly impacted the U.S. labor force, with employment decreasing by 8.5 million from February 2020 - February 2021. It could take over 3 years for employment to reach pre-pandemic levels, but a faster recovery could be possible if the job gains in March 2021 are sustained.

  4. Oct 10, 2022 · The Federal Reserve’s fight to squash inflation will cause the US economy to start losing tens of thousands of jobs a month beginning early next year, Bank of America warns.

  5. Sep 1, 2023 · Great news for employees, but less so for the Federal Reserve: Higher wages combined with supply chain disruptions and the effect of war in Ukraine meant that the inflation rate, as measured by...

    • Christopher Decker
  6. Jul 26, 2023 · What causes a full employment recession? Normally, as the Fed increases interest rates to slow inflation, spending and jobs both decrease, said Walden. But job growth has remained strong with...

  7. Feb 8, 2021 · The unemployment rate in the United States falls slowly in expansions, and it may not reach its previous low point before the next recession begins. Based on this feature, I document that the frequent recessions prior to 1983 are associated with an upward trend in the unemployment rate.

  8. Aug 1, 2024 · The rule, the brainchild of noted economist Claudia Sahm, has correctly predicted each U.S. recession since the 1970s. The reasoning is simple: Rising unemployment generally reflects a surge...

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