Economy Aug 06 U.S. hiring surges in July, unemployment rate drops to 5.4 percent Hiring surged in July as American employers added 943,000 jobs. The unemployment rate dropped to 5.4 percent as the U.S. economy continues to bounce back with surprising vigor from last year’s coronavirus shutdown.
Economy Aug 06 WATCH: Biden speaks on July job gains The unemployment rate dropped to 5.4 percent as the U.S. economy continues to bounce back with surprising vigor from last year’s coronavirus shutdown.
Economy Jul 01 U.S. jobless claims fall to 364,000, a new pandemic low The number of Americans applying for unemployment aid fell again last week to the lowest level since the pandemic struck last year, further evidence that the job market and the broader economy are rebounding rapidly from the coronavirus recession.
Nation Jun 17 U.S. jobless claims tick up to 412,000 from a pandemic low The number of Americans applying for unemployment benefits rose last week for the first time since April despite widespread evidence that the economy and the job market are rebounding steadily from the pandemic recession.
Economy Jun 03 U.S. jobless claims drop to 385,000, another pandemic low The number of Americans seeking unemployment benefits fell last week for a fifth straight week to a new pandemic low, the latest evidence that the U.S. job market is regaining its health as the economy further reopens.
Economy Apr 29 U.S. recovery from pandemic recession is showing momentum Powered by consumers and fueled by government aid, the U.S. economy is achieving a remarkably fast recovery from the recession that ripped through the nation last year on the heels of the coronavirus and cost tens of millions of Americans…
Economy Apr 08 U.S. jobless claims up to 744,000 as virus continues to force layoffs The number of Americans applying for unemployment benefits rose last week to 744,000, signaling that many employers are still cutting jobs even as more people are vaccinated against COVID-19, consumers gain confidence and the government distributes aid throughout the economy.
Economy Apr 06 IMF upgrades forecast for 2021 global growth to a record 6 percent The rollout of COVID-19 vaccines and vast sums of government aid will accelerate global economic growth to a record high this year in a powerful rebound from the pandemic recession, the International Monetary Fund says in its latest forecast.
Economy Apr 01 U.S. jobless claims rise to 719,000 as virus still forces layoffs The number of Americans applying for unemployment benefits rose by 61,000 last week to 719,000, signaling that many employers are still cutting jobs even as more businesses reopen, vaccines are increasingly administered and federal aid spreads through the economy.
World Mar 29 U.S. suspends trade deal with Myanmar after violent coup U.S. Trade Representative Katherine Tai said the United States was immediately suspending "all U.S. engagement with Burma under the 2013 Trade and Investment Framework Agreement."…