Friday, September 9, 2022

The Daily Money: Women from 25 to 54 are returning to the job market

Here's another sign the impact of COVID-19 is shrinking: More women between the ages of 25 and 54 and returning to the workforce. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Friday, September 9

Finally, it's Friday. Brett Molina back behind the wheel. Don't go rushing toward the weekend just yet. We've got Daily Money headlines to check out.

Let's begin with the surge in electric vehicles coming to the market. The latest automaker driving deeper into the EV market is Jeep, showing off two new EVs it plans to launch in North America in the next two years.

There's the Jeep Wagoneer S and the Jeep Recon, which has drawn comparisons to the Jeep Wrangler. Production on both vehicles is set to start in 2024. Although Jeep didn't provide specifics on the Recon, the company said it's targeting a range of 400 miles on a charge and 600 horsepower for the Wagoneer S.

Jeep did not share details on how much either vehicle will cost.

More women are heading back to work

Here's another sign the impact COVID-19 is having on our everyday lives is shrinking: More women between the ages of 25 and 54 are returning to the workforce. In August, nearly half a million women in that age bracket joined the labor force , the most since June 2020, according to data from the Labor Department. What's sparking the return? Economists say inflation is playing a role. But also child care responsibilities, most of which are handled by women, have eased as schools reopen and day care centers return to pre-pandemic staffing.

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🍔 Today's Menu 🍔

The thought of putting any liquid in your cereal that's not milk just feels so wrong. But Kellogg's latest cereal wants you to just add water. The company's new InstaBowls require consumers to add cold water and "instantized milk turns into real milk with a quick stir," said Kellogg's in a statement. The InstaBowls are available in Frosted Flakes, Froot Loops, Apple Jacks and Raisin Bran Crunch. 

About The Daily Money

Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.

Follow Brett Molina on Twitter: @brettmolina23.

Lab worker testing laboratory
Share of working-age women in work force is back to pre-pandemic peak
The share of working-age women back at work or looking for jobs shot past its pre-pandemic peak. Child care, inflation and wages are factors.
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Yvonne Maldonado at her home in New Windsor, New Y
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The all-new, all-electric Jeep Recon.
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A United Airlines worker guides a plane at Dulles
 

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