Politics Apr 02 WATCH: Biden credits American people for jobs numbers President Joe Biden welcomed March job data as America’s employers unleashed a burst of hiring, adding 916,000 jobs for the month.
Economy Apr 02 March hiring accelerated to 916K, yet many jobs remain lost America’s employers unleashed a burst of hiring in March, adding 916,000 jobs in a sign that a sustained recovery from the pandemic recession is taking hold as vaccinations accelerate, stimulus checks flow through the economy and businesses increasingly reopen.
Economy Mar 25 U.S. jobless claims fall to 684,000, fewest since pandemic The number of people seeking unemployment benefits fell sharply last week to 684,000, the fewest since the pandemic erupted a year ago and a sign that the economy is improving.
Economy Mar 05 U.S. adds a strong 379,000 jobs in hopeful sign for economy U.S. employers added a robust 379,000 jobs last month, the most since October and a sign that the economy is strengthening as confirmed viral cases drop, consumers spend more and states and cities ease business restrictions.
Economy Mar 04 Chairman Powell says higher inflation is temporary, fed will be ‘patient’ Federal Reserve Chair Jerome Powell said Thursday that inflation will likely pick up in the coming months but the increase will be temporary, and won’t be enough for the Fed to alter its low-interest rate policies.
Economy Feb 25 Biden directive expands jobless aid to more unemployed Those eligible include people who have turned down job offers because they believed the employers weren't providing sufficient protection from the coronavirus.
Economy Feb 25 U.S. jobless claims still high at 730,000 but fewest in 3 months The number of Americans seeking unemployment benefits fell sharply last week in a sign that layoffs may have eased, though applications for aid remain at a historically high level.
Economy Feb 23 Fed Chair Powell says recovery incomplete, higher inflation unlikely Federal Reserve Chair Jerome Powell underscored the U.S. economy's ongoing weakness Tuesday in remarks that suggested that the Fed sees no need to alter its ultra-low interest rate policies anytime soon.
Economy Feb 19 Federal Reserve sees modest pickup in hiring this month The Federal Reserve says there’s evidence that hiring has picked up in recent weeks, though the job market remains badly damaged by the pandemic.
Economy Feb 18 U.S. jobless claims jump to 861,000 as layoffs stay high The number of Americans applying for unemployment aid rose last week to 861,000, evidence that layoffs remain painfully high despite a steady drop in the number of confirmed viral infections.