New Jersey

Almost two years after the pandemic upended labor markets, job openings are plentiful, yet workers have not fully returned. The broader trend of plentiful jobs and not enough workers can have major implications for growth. Income support programs during the pandemic allowed workers to be picky, slowing job applications, acceptances and,

January 2022 brought something unexpected. 301k workers cut, the biggest since April 2020, the biggest drop since start of the pandemic. The Omicron coronavirus variant has been responsible for a high percentage of these cuts. As the market was expecting a job gain about 207k. This variant lashed the nation, disrupting activity at high-contact