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Paul Wiseman, Associated Press

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Paul’s Recent Stories

Economy Mar 18

U.S. jobless claims rise to 770,000 with layoffs still high

The number of Americans seeking unemployment benefits rose last week to 770,000, a sign that layoffs remain high even as much of the U.S. economy is steadily recovering from the coronavirus recession.

Economy Mar 11

U.S. jobless claims fall to 712,000 as pace of layoffs eases

The number of Americans seeking unemployment benefits fell last week to 712,000, the lowest total since early November, evidence that fewer employers are cutting jobs amid a decline in confirmed coronavirus cases and signs of an improving economy.

Economy Mar 04

U.S. jobless claims tick up to 745,000 as layoffs remain high

The number of Americans applying for unemployment benefits edged higher last week to 745,000, a sign that many employers continue to cut jobs despite a drop in confirmed viral infections and evidence that the overall economy is improving.

Health Feb 17

How economists see Biden’s $15 wage proposal

The fate of Biden's minimum wage proposal remains hazy. Facing resistance in Congress, the president has acknowledged that he will likely have to omit the measure from the $1.9 trillion COVID-19 financial relief package he is proposing and re-introduce it…

Economy Jan 28

U.S. jobless claims fall but remain high at 847,000 as pandemic rages

The number of Americans applying for unemployment benefits fell but remained at a historically high 847,000 last week, a sign that layoffs keep coming as the coronavirus pandemic continues to rage.

Economy Dec 23

U.S. layoffs stay high as 803,000 seek unemployment benefits

The latest figure shows many employers are still cutting jobs, as the pandemic tightens business restrictions and leads many consumers to stay home.

Economy Dec 17

U.S. jobless claims rise to 885,000 amid resurgence of virus

The number of Americans applying for unemployment benefits rose again last week to 885,000 as a resurgence of coronavirus cases threatens the economy's recovery from its springtime collapse.

Economy Dec 16

U.S. brands Vietnam and Switzerland as currency manipulators

The U.S. Treasury Department report said that Vietnam and Switzerland were the only two countries that met all three criteria for being named a currency manipulator.

Politics Dec 09

Biden to pick Katherine Tai as top trade envoy, sources say

Tai is fluent in Mandarin and earlier oversaw China trade enforcement for the Office of the U.S. Trade Representative, setting U.S. strategy in trade disputes with China.

Economy Dec 03

U.S. jobless claims remain high at 712,000 as virus escalates

The number of Americans applying for unemployment benefits fell last week to a still-high 712,000, the latest sign that the U.S. economy and job market remain under stress from the intensified viral outbreak.

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