Federal Reserve Bank of Richmond President Thomas Barkin said changes in the economy could mean that some workers who left the job market during the pandemic won’t return.

Citing the number of pre-pandemic jobs that haven’t been recovered, Mr. Barkin said, “I’m in the mood of giving a little more time to see whether these five million people come back” to the labor force, but added that might not happen, during a speech in New York on Thursday.

Mr….

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Two decomposed bodies found in home of former Rhode Island mayor, police say

Two bodies have been found “in a lengthy stage of decomposition” in…

Irish Grinstead, member of R&B girl group 702, dies at 43

Irish Grinstead, a singer in the R&B girl group 702 best known for the…

King Charles set to be crowned, but is he a monarch for modern Britain?

Charles’ popularity took a major stumble in the 1980s during his marital…

15 best women’s walking shoes in 2023

Getting daily exercise is essential for good physical and mental health, whether…