Politics Sep 09 WATCH: 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 03 Jobless 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 27 As 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 27 More 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 18 U.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 14 After 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 11 Virus 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.
Economy Aug 06 Laid-off workers endure loss of $600 aid calling it a ‘nightmare’ Even if Congress does reach a deal, the extra unemployment amount is likely to be less than $600. By the time the money starts flowing, it could be too late for many Americans who are already in dire straits.
Economy Aug 06 1.2 million seek jobless aid after $600 federal checks end WASHINGTON (AP) — Nearly 1.2 million laid-off Americans applied for state unemployment benefits last week, evidence that the coronavirus keeps forcing companies to slash jobs just as a critical $600 weekly federal jobless payment has expired. The Labor Department’s report…
Economy Jul 30 Record economic plunge, bleak jobs numbers reveal virus toll The coronavirus pandemic sent the U.S. economy plunging by a record-shattering 32.9% annual rate last quarter. It is still inflicting damage across the country, squeezing already struggling businesses and forcing a wave of layoffs that shows no sign of abating.