Airlines could face bankruptcies within weeks as Middle East chaos hits bookings and pushes oil higher, a Dubai billionaire warns. Hiring has also fallen to COVID-shutdown levels, a top economist says.
Americans aren’t getting laid off. And they’re not quitting. They’re simply just not getting hired, and the numbers haven’t been this bad since the pandemic closed the economy by force. The Bureau of Labor Statistics reported Tuesday the hiring rate fell to 3.1% in February, with just 4.8 million hires, the lowest since April …