Hiring recently hit unprecedented levels as economy ‘virtually shut down’ during COVID, top economist says | Good luck

Hiring recently hit unprecedented levels as economy 'virtually shut down' during COVID, top economist says | Good luck

The Bureau of Labor Statistics reported Tuesday that the hiring rate fell to 3.1% in February, with just 4.8 million new hires, the lowest since April 2020. Job openings fell to 6.9 million, down 358,000 from January. The unemployment rate was lower at 1.9%, while the unemployment rate remained at 1.1%, and the number of … Read more

Economist Paul Krugman has a Dark Idea about the Iran War

Economist Paul Krugman has a Dark Idea about the Iran War

Last week, President Donald Trump made two ridiculous moves on Iran. He began by threatening to “destroy” Iran’s energy plants unless the Strait of Hormuz was safely opened. He gave a deadline of 48 hours. Then, before that deadline came, Trump backed down. But minutes before he did, the oil markets saw a huge spike … Read more