Paul’s Recent Stories
Economy Sep 17COVID-19 danger continues to drive joblessness in US
Before the pandemic hit the economy, the number signing up for jobless aid had never exceeded 700,000 in a week, even in the depths of the 2007-2009 Great Recession.
Economy Sep 17COVID-19 danger continues to drive joblessness in U.S.
The number of Americans applying for unemployment benefits fell last week to 860,000, a historically high number of people that illustrates the broad economic damage still taking place nine months after the first case of COVID-19 was detected in the…
Nation Sep 14Wildfires intensify economic pain in the West
Wildfires are destroying property, running up huge losses for property insurers and putting a strain on economic activity along the West Coast that could linger for a year or more.
Politics Sep 09WATCH: Pence delivers remarks at ‘Workers for Trump’ event in Freedom, PA
U.S. employers advertised more jobs but hired fewer workers in July, sending mixed signals about the job market in the wake of the coronavirus outbreak.
Economy Sep 03Jobless claims fall to 881,000 but layoffs remain elevated
The number of laid-off Americans applying for unemployment benefits fell to roughly 880,000 last week, a sign of possible improvement but evidence that the viral pandemic keeps forcing many businesses to slash jobs.
Economy Aug 27As virus rages, U.S. economy struggles to sustain a recovery
The viral outbreak still rages and Congress remains deadlocked over providing more relief to tens of millions of people thrown out of work and to state and local governments whose revenue has withered.
Economy Aug 27More than 1 million Americans file for unemployment, again
Just over 1 million Americans applied for unemployment benefits last week, a sign that the coronavirus outbreak continues to threaten jobs even as the housing market, auto sales and other segments of the economy rebound from a springtime collapse.
Economy Aug 18U.S. home construction surges after pandemic low to 22.6%
Construction of new U.S. homes surged 22.6% last month as homebuilders continued to bounceback from the coronavirus pandemic.
Economy Aug 14After brief trade truce, U.S. slaps levy on Canadian aluminum
Trump accuses Canada of flooding the U.S. market with its raw, unprocessed aluminum. Critics of the tariffs counter that a jump in Canadian raw aluminum shipments to the United States is within historical norms and reflects stepped-up production from a…
Economy Aug 11Virus surges make U.S. weak link in global economic recovery
China is up and running and Europe is bouncing back. Businesses that sell to the U.S are wondering and hoping when the U.S. economy will get back into the game.