Excerpts from recent editorials in the United States and abroad: The Washington Post says high interest rates could be killing job gain. The post-pandemic hiring surge is over. Job seekers in nearly every industry are having a harder time finding employment……
Editorials from Washington Post, Wall Street Journal, Los Angeles Times and other newspapers
Excerpts from recent editorials in the United States and abroad:
Aug. 2
The Washington Post says high interest rates could be killing job gains
The post-pandemic hiring surge is over. Job seekers in nearly every industry are having a harder time finding employment. As the latest jobs report showed on Friday, the unemployment rate has ticked up to 4.3 percent. Though that is low by historical standards, it's a significant jump from 3.5 percent a year ago. More than 7.1 million people - each of them requiring housing, food and security - are now out of work. That's up by more than 1 million from last summer. Americans without college degrees have been especially hard-hit.