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Barkin: Inflation improving but not yet low enough
Richmond Fed chief says target is 2%
With inflation decreasing but still not at its 2% target, the Federal Reserve still needs “to stay on the case,” Federal Reserve Bank of Richmond President and CEO Tom Barkin
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Belabored shortages
Labor woes, inflation expected to persist
Published
Faced with a shortage of drivers, Trevor Dunlap had to find a new way to recruit interested candidates for his Chesapeake-based trucking and warehousing companies, Givens Transportation Inc. and Givens
Richmond Fed: Va. gained 8,000 jobs in Sept.
Three jobs open for every unemployed person in state
Published
Virginia employers added 8,000 net jobs in September, marking the first month in which total employment has exceeded pre-pandemic levels, representatives from the Federal Reserve Bank of Richmond said Friday.
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Fifth District economy little changed since August, Fed says
Demand for several sectors drops in face of inflation
Published
The economy in the Federal Reserve’s Fifth District (a multistate region including Virginia, North Carolina, South Carolina, West Virginia and Maryland) has been largely unchanged since August, according to the
Va. layoffs and discharges down in June
However, 8.6% more workers quit jobs than last year
Published
Virginia companies put the brakes on layoffs in June, even as workers continued to seek new opportunities, refueling the Great Resignation. Virginia had 28,000 layoffs and discharges in June, a