The temp jobs that people rely on during the holiday season are looking harder to find this year.

Typically, UPS says they're going to hire a bunch of workers.

This year, they didn't put a number on that.

Same goes for Target.

Same goes for Macy's.

Meanwhile, the average cost of a room at a luxury hotel is at a record high. And why some

large companies won't be able to take advantage of all their new tax breaks. It's Tuesday, November 11th.

I'm Alex Osala for the Wall Street Journal. This is the PM edition of What's News, the top headlines and business stories that move the world today.

The end of the long government shutdown appears in sight, but the U.S. will continue to feel

its effects after the government reopens. Calculating that impact on the U.S. economy is difficult, and uncertainty is also playing out in the economy as companies staff up for the holiday shopping season. The country's big retailers, warehouse, and shipping companies appear to be dialing their holiday hiring plans way, way back this year. I'm joined now by WSJ

economics reporter, Justin Layhart. Justin, let's start with the economic impact of the shutdown

broadly. Is it expected to affect the U.S. economy in the long term? Not that much in the

long term. What a shutdown does is it depresses activity. And then almost all of that activity gets made up

later. So people who were being paid like federal workers, they're going to get back pay in this

instance. And that means that things that they weren't spending money on during the shutdown,

they will spend more money on after the shutdown. A year from now,

you would expect the economy to be really just a hair weaker that it would have been without the

shutdown, but not so anyone would really notice. So the Congressional Budget Office said a six-week

shutdown cuts GDP growth in the fourth quarter by

one and a half percentage points. Some economists have more optimistic estimates, but why is this

so difficult to figure out, actually? It's just hard to tease out this kind of stuff. You're saying,

like, how much did people reduce their spending as opposed to drawing down savings? What did the disruptions to

...