7/21/2023 0 Comments Macys dessert standsis facing a potentially disastrous default as soon as Monday if Congress fails to act.ĭebt ceiling deal advances pipeline and tweaks environmental rules. Senate Majority Leader Chuck Schumer said Thursday he wants to finish up without bringing the issue “down to the wire.” Quick passage in the chamber will require cooperation from Democrats and Republicans, much like the centrist coalition that carried it to House passage. default on its debts, and the House passed it Wednesday night. President Joe Biden negotiated the deal with Speaker Kevin McCarthy to avert an unprecedented U.S. Senate is dashing to wrap up work on the big debt ceiling and budget cuts package. WASHINGTON (AP) - Days away from a default crisis, the U.S. Senate races to wrap up Biden-McCarthy debt ceiling deal before default deadline Among the industries that have encountered frustrating labor shortages, magnified by a steady exodus of older workers, are airline maintenance, construction, manufacturing and nursing, along with some professional industries such as accounting. And the trend seems sure to accelerate: The percentage of workers who are 55 or older is nearly 24%, up from only about 15% two decades ago. population has risen from 18% to nearly 20% - equivalent to about 3.5 million fewer workers. Since 2019, the proportion of retirees in the U.S. economy, a number of industries are facing the same formidable challenge: Replenishing a workforce that is being diminished by a surge of retirements that began during the pandemic and has continued since.
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