Economy Feb 12 Amid systemic inequality, U.S. salaries recover even as jobs haven’t The turnaround in total wages underscores how disproportionately America's job losses have afflicted workers in lower-income occupations.
Economy Feb 11 U.S. jobless claims fall slightly to 793,000 with layoffs high The number of Americans seeking unemployment benefits fell slightly last week to 793,000, evidence that job cuts remain high despite a substantial decline in new viral infections.
Economy Feb 10 Powell stresses commitment to full employment and low rates Powell spent little time on inflation in prepared remarks for a webcast to the Economic Club of New York.
Economy Feb 05 A meager gain in U.S. jobs last month highlights virus’ damage The increase of just 49,000 positions in January made scarcely any dent in the nearly 10 million jobs that remain lost since the virus intensified nearly a year ago.
Economy Feb 05 U.S. employers add just 49,000 jobs as unemployment falls to 6.3 percent U.S employers added just 49,000 jobs in January, a sign that that the viral pandemic retains a tight grip on the economy nearly a year after it triggered a painful recession.
Economy Feb 04 U.S. unemployment claims fall to 779,000 but job cuts grind on The number of Americans seeking unemployment benefits declined to 779,000 last week, a still-historically high total that shows that a sizable number of people keep losing jobs to the viral pandemic.
Economy Feb 03 Why U.S. hiring could rebound faster than expected A hopeful view is gaining steam that as vaccinations reach a critical mass in the United States, perhaps around midyear, the economy and the job market will strengthen much faster.
Economy Jan 21 U.S. unemployment claims fall to a still-high 900,000 Fewer Americans applied for unemployment benefits last week, lowering claims to 900,000, still a historically high level that points to further job cuts in a raging pandemic.
Politics Jan 20 AP FACT CHECK: Trump’s fiction in his goodbye to Washington Falsehoods suffused President Donald Trump's farewell remarks Wednesday morning and the night before, though he was spot on with this: “We were not a regular administration.”…
Economy Jan 14 Powell signals Federal Reserve will keep aiding economy with bond buying Federal Reserve Chair Jerome Powell sought Thursday to tamp down any concerns that the Fed might soon withdraw some of its support for the U.S. economy and stressed that any such pullback would be signaled far in advance.