The business cycle is getting less cyclical
by WNYC
WNYC— Expand, slow down, contract and recover. Businesses tend to make decisions based on what stage of the business cycle the economy’s in. The problem is, that doesn’t work so well anymore. We’ll get into it. Also: The hot U.S. dollar causes trouble overseas, college grad unemployment is up, and what other food programs can learn from WIC.
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@Marketplace—Small businesses are feeling less pressure to hike wages. While the labor market is still tight, some owners aren’t feeling like they need to hike pay as much as they did earlier in the pandemic.