Browsing: Labor market

On average, presumed white applicants were 9.5 percent more likely to receive callbacks than their Black counterparts.

After higher-than-expected inflation and labor market numbers in January and February following a strong U.S. economy, Federal Reserve officials are indicating they might maintain higher interest rates for a longer period. “It is too early to determine whether the recent numbers represent more than just a temporary increase,” said Fed chair Jerome Powell…