America's economic recovery is about to go into reverse
CNN
The Omicron variant put a massive speed bump in the road to America's recovery this winter. The first signs of trouble could show up in the January jobs report Friday.
The White House on Monday prepared Americans for disappointment about the jobs numbers: Jared Bernstein, a member of the White House Council of Economic Advisers, told CNN the number of jobs added at the start of 2022 could be "unusually low" because of Omicron.
The highly infectious variant led millions of workers to call in sick, or in some cases show up to work ill, in the past weeks.
Millions of Americans have taken to the skies, hit the road, fired up the barbecue grill and jumped into the pool this weekend to celebrate the start of summer 2024. Analysts are expecting the Memorial Day weekend to usher in yet another summer of strong consumer spending on travel and other leisure activities.