Sydney Ember
@melbournecoal
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Also shouted out @melbournecoal’s advice for icy roads
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Major new @nytimes investigation: How a series of air traffic control errors nearly caused a collision that would have killed 100+ @SouthwestAir passengers. @melbournecoal @emilysteel
nytimes.com
Two planes were moments from colliding in Texas, a harrowing example of the country’s fraying air safety system, a New York Times investigation found.
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Today on The Daily: an epidemic of close calls on the runway and in the air -- it's happening far more than you realize. @melbournecoal explains: https://t.co/xgQd8rOhfX
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Close calls involving commercial airlines are occurring far more frequently than almost anyone realizes — a sign of what many insiders describe as a safety net under mounting stress. New investigation by @melbournecoal and me.
nytimes.com
Near misses involving U.S. commercial airlines happen on average multiple times a week, a New York Times investigation found.
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A chilling read for travelers. Close calls happen much more frequently than the public realizes, and air traffic controllers are being pushed to their breaking points. Important investigation by @melbournecoal @emilysteel
nytimes.com
Near misses involving U.S. commercial airlines happen on average multiple times a week, a New York Times investigation found.
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Major new @nytimes investigation: Close calls involving US airlines are occurring far more frequently than has been made public, with multiple dangerous incidents happening every week on average this year. @melbournecoal @emilysteel
nytimes.com
Near misses involving U.S. commercial airlines happen on average multiple times a week, a New York Times investigation found.
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Layoffs at Google, Facebook and Twitter have gotten a lot of attention. But what's striking about the labor market right now isn't how many jobs are getting cut, but how few. Overall layoffs remain well below their prepandemic level. with @melbournecoal
https://t.co/x1BtIKqCN3
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Smart, detailed piece on job churn as a productivity tax. @melbournecoal + @bencasselman
https://t.co/AnKWq3IM2m
nytimes.com
The rise in turnover since the pandemic started has a cost in productivity: “It’s taking longer to get stuff out the door.”
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"Anytime we bring in a new hire, they’re not productive on Day 1." Nice @melbournecoal and @bencasselman piece on how big worker turnover may be dragging down productivity, at least in the near-term. https://t.co/bG3q7nmzJG
nytimes.com
The rise in turnover since the pandemic started has a cost in productivity: “It’s taking longer to get stuff out the door.”
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This piece on job turnover and productivity from @bencasselman and @melbournecoal is great, and it raises an important policy question: how do we get the right amount of the right kind of turnover?
nytimes.com
The rise in turnover since the pandemic started has a cost in productivity: “It’s taking longer to get stuff out the door.”
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Smart story from @JordynJournals @melbournecoal on retailers racing to attract shoppers before consumers run out of gas in the face of inflation, a slowing labor market and dwindling pandemic savings. https://t.co/uOpsuVEodY
nytimes.com
With an economic slowdown a distinct possibility, stores hope customers’ willingness to open their wallets will last through the season.
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Black Friday gets so much attention because consumer spending fuels the US economy. Spending was strong this weekend, but cracks are beginning to show. And retailers will watch this closely as they plan the year ahead. Story with @melbournecoal
nytimes.com
With an economic slowdown a distinct possibility, stores hope customers’ willingness to open their wallets will last through the season.
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Worker hoarding: The fun new trend that could be key to a soft economic landing. w/@melbournecoal
https://t.co/VwZY8ORHmm
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Job growth slowed In September but the labor market remained strong as employers added 263,000 jobs. @melbournecoal
nytimes.com
The gain of 263,000 was shy of recent monthly totals but still robust. Stocks fell on fears of a harder, longer Fed campaign to fight inflation.
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Quits are falling. Wage growth is slowing. Companies are finding it easier to fill positions. The job market has proved more resilient than almost anyone expected. But there are signs that it may be coming off the boil. With @melbournecoal
https://t.co/9atgbN8XKO
nytimes.com
Unemployment is low, and hiring is strong. But there are signs that frenzied turnover and rapid wage growth are abating.
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"Employers may be regaining some of the leverage they ceded to workers during the pandemic months. That is bad news for workers, particularly those at the bottom of the pay ladder" -- @melbournecoal and @bencasselman on the job market cooling off
nytimes.com
Unemployment is low, and hiring is strong. But there are signs that frenzied turnover and rapid wage growth are abating.
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The Omicron wave appears to be cresting in much of the country. But its economic disruptions have made a post-pandemic normal ever more elusive. @melbournecoal and yours truly on what Omicron could mean for the economy -- and why so much is uncertain: https://t.co/SU3aYLg1mS
nytimes.com
The latest wave of coronavirus cases is slowing the recovery, but its longer-term impact is less clear.
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retail sales declined in December, for a blip in an overall rosy holiday season, especially compared to 2020:
nytimes.com
Despite that 1.9 percent decline, sales for the fourth quarter of 2021 jumped 17.1 percent as consumers began their holiday shopping earlier.
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Supply chain snags continued to drive up inflation in December, as the price of used cars, food and apparel rose
nytimes.com
The surge in coronavirus cases is idling workers at ports and trucking companies, while strong consumer demand continues to drive up the cost of shipping and energy.
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A big inflation driver going forward? Housing costs. They're high, they're sticky, and they're really important. Here's @melbournecoal with more details. https://t.co/P3gZMZSduE
nytimes.com
Rent costs, a key component of inflation, surged 0.4 percent in December, putting pressure on the Federal Reserve to tamp down rising prices.
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