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Economy

Powell meets a changed economy: Fewer workers, higher prices

Restaurant and hotel owners struggling to fill jobs. Supply-chain delays forcing up prices for small businesses. Unemployed Americans unable to find work even with job openings at a record high. Those and other disruptions to the U.S. economy — consequences of the viral pandemic that erupted 18 months ago — appear likely to endure, a

Employment

Changed by pandemic, many workers won’t return to old jobs

There’s a wild card in the push to return to pre-pandemic life: Many workers don’t want to go back to the jobs they once had. Layoffs and lockdowns, combined with enhanced unemployment benefits and stimulus checks, gave many Americans the time and the financial cushion to rethink their careers. Their former employers are hiring again

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