Job growth is expected to be nearly one full percentage point lower this time around, says government agency.
Americans who once drove to work are saving an estimated $758 million a day since the onset of the pandemic.
Lower rates of W-2 filings are seen persisting through at least 2027.
Cities should suffer as wages decline and white collar workers flee for lower-cost areas.
In May, Nevada led all 50 states with the lowest employment–population ratio.
Less than a third of millennials now anticipate changing jobs in the next two years.
Some industries are hiring tens of thousands, but the demand often comes with high risk and low pay.
The Chicago Fed’s National Activity Index fell to minus 4.19 during the month.
This group has seen its share of the national wealth decline since the 2008 financial crisis.
The bills are adding to the high tuition and fees students have to contend with.
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