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Delta Air Lines explained on Thursday that it dropped $408 million in the final three months of final year, as the Omicron variant of the coronavirus, which emerged late in that time period, interfered with getaway operations and pushed back the airline’s recovery.

About 8,000 Delta personnel — additional than one particular in 10 — had referred to as out ill in latest weeks, Delta’s main government, Ed Bastian, claimed on CNBC on Thursday. That, put together with negative storms, pressured the airline and its friends to cancel tens of thousands of flights about the active holiday vacation interval, with carriers only just commencing to recover in modern times.

“While the speedily spreading Omicron variant has noticeably impacted staffing levels and disrupted journey throughout the field, Delta’s operation has stabilized about the previous week and returned to preholiday general performance,” Mr. Bastian stated in a assertion. “We are self-assured in a strong spring and summer time journey time with considerable pent-up desire for client and organization vacation.”

The Omicron variant has delayed the airline recovery by about 60 times, Mr. Bastian mentioned. Delta on your own scrubbed far more than 2,000 flights in excess of the two weeks commencing on Christmas Day, the fourth most flight cancellations among the U.S. airlines.

United Airlines, which canceled a lot more than 2,500 flights more than that time period, stated this 7 days that about 3,000 staff, far more than 4 {ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of its team, recently tested optimistic for the virus. At one particular position in excess of the vacations, almost a 3rd of United Airlines staff named out unwell at Newark Liberty Worldwide Airport, a big hub for United. Practically all employees at the two airways are vaccinated.

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“The unemployment rate is a reliable barometer, and it’s going down fast,” said Julia Coronado, founder of the research firm MacroPolicy Perspectives. “It does speak to not having enough labor supply to meet demand — not faltering demand.”

The falloff in hiring came at the end of a year in which the economy added 537,000 jobs per month on average, and more than 6.4 million jobs overall.

The data released on Friday was collected in mid-December, before the pandemic’s latest wave. Since then, the Omicron variant has ignited a steep rise in new coronavirus cases, driving up hospitalizations, keeping people home from work and prompting fresh uncertainty among employers. Economists are bracing for the surge in cases to further disrupt job growth in January and in the coming months, though it is too soon to say how it will affect the labor market in the longer term.

“I think Omicron will slow hiring in January,” said Nela Richardson, chief economist at the payroll processing firm ADP, said before the report. “It might hit in early February as well.”

The seesawing employment situation underscores the economy’s continued susceptibility to the pandemic, nearly two years on. Although the labor market has brightened, some industries with face-to-face interactions, notably leisure and hospitality, remain extraordinarily vulnerable to case levels.

Restaurants, hotels and other hospitality businesses managed to hire at a steady pace in December — adding 53,000 workers — but other industries struggled to hire. The number of hospital workers actually dropped in December, the report showed, even as those businesses were reported to be scrambling to add nurses and doctors.

The figures may also have been affected by seasonal patterns: Jobs data is adjusted for typical monthly patterns that have been thrown out of whack by the pandemic.

The slowdown could get worse before it gets better, as Omicron cases surge. Many businesses have postponed return-to-office plans, some indefinitely. Restaurants and theaters have increasingly gone dark amid staff shortages and renewed fears of infection. Some schools have returned to remote learning, or are threatening to, leaving many working parents in limbo.

“We’re all sort of at the whims of these variants and surges in cases, and it’s hard to know when they might strike,” said Nick Bunker, director of economic research at the Indeed Hiring Lab. “Any sort of projections or outlook on the pace of gains over the next year or so is still dependent on the virus.”

Employment levels remain depressed compared with the period before the pandemic, even as job openings remain remarkably high by historical standards. The economy has added 18.8 million jobs since April 2020 — when pandemic-related lockdowns were at their worst — but is still down 3.6 million positions compared with February 2020.

Some of those workers may have retired. Others may be waiting to come back when health risks from the virus are less pronounced, or may be struggling to find child care amid regular school shutdowns.

Still, there is plenty of evidence of momentum underlying the uneven economic recovery. A record number of Americans quit their jobs in November, as intense competition, especially in lower-wage sectors, has presented workers with opportunities to demand and seek higher wages and better working conditions.

“We’ve seen these subsequent waves,” Mr. Bunker said. “And then things have reverted to the underlying strength.”

Economic policymakers at the Federal Reserve are aware that many workers are still missing from the labor force, but they have increasingly signaled that they will not wait for workers to return to remove help for the economy. With wages rising and inflation at its highest in nearly 40 years, officials are trying to make sure that prices remain under control.

The figures released on Friday will probably confirm to them that the economy is closing on their full employment goal.

“A lot of the focus at the Fed will be on the lower unemployment rate,” said Gennadiy Goldberg, senior rates strategist at TD Securities, noting that markets actually increased their expectations of rate increases in 2022 after the data release.

Officials have signaled that they could raise interest rates several times this year in a bid to slow spending and cool off a fast-growing economy, and economists think those moves could start as soon as this spring. For now, Fed policymakers seem content to define “full employment” — their job-market goal — as low joblessness.

“I don’t think it’s a matter of some internal conflict between hiking and full employment,” said Michael Feroli, chief U.S. economist at J.P. Morgan. When it comes to declaring victory on job-market progress, he said, “most of them are already there.”