Jun 04 U.S. adds modest 559,000 jobs, a sign of more hiring struggles By Christopher Rugaber, Associated Press U.S. employers added 559,000 jobs in May, an improvement from April's sluggish gain but still evidence that many companies are struggling to find enough workers as the economy rapidly recovers from the pandemic recession. Continue reading
Jun 03 Watch 8:28 How a rise in remote employment may impact post-pandemic work life By Paul Solman, Diane Lincoln Estes Unemployment claims dropped again Thursday, and this week may also bring a clearer picture of what's happening with the job market. As more Americans get vaccinated, workers and companies are figuring out what post-pandemic work life will look like --… Continue watching
Jun 03 Biden offers tax deal to Republicans in infrastructure talks By Josh Boak, Associated Press President Joe Biden is trying to break a logjam with Republicans on how to pay for infrastructure. He's proposing a 15% minimum tax on corporations and the possibility of revenues from increased IRS enforcement of unpaid taxes. Continue reading
Jun 03 U.S. jobless claims drop to 385,000, another pandemic low By Paul Wiseman, Associated Press 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. Continue reading
Jun 02 Watch 9:16 Are unemployment benefits keeping Americans home? A look at US labor shortage As the economy reopens, some businesses are having trouble hiring enough workers to fully operate. In response, many states are ending pandemic unemployment programs, including the extra $300 in weekly unemployment benefits set to run through Labor Day. We talked… Continue watching
Jun 02 NFL pledges to halt ‘race-norming,’ review concussion claims of Black players By Maryclaire Dale, Associated Press The NFL on Wednesday pledged to halt the use of "race-norming" — which assumed Black players started out with lower cognitive functioning — in the $1 billion settlement of brain injury claims and review past scores for any potential race… Continue reading
Jun 01 Biden suspends oil leases in Alaska’s Arctic refuge By Matthew Daly, Associated Press The move reverses a drilling program approved by the Trump administration and revives a political fight over a remote region that is home to polar bears and other wildlife — and a rich reserve of oil. Continue reading
Jun 01 Houston seethes over being frozen out of federal flood funds By Juan A. Lozano, Associated Press Houston residents and officials are seething over a Texas agency's decision to not award the city a single cent of the initial $1 billion in federal flood mitigation funding the state was promised following Hurricane Harvey in 2017. Continue reading
Jun 01 Greece, Germany kick off EU vaccination travel certificates By Derek Gatopoulos, Lorne Cook, Associated Press The certificates are being issued to people who are fully vaccinated as well as those have already contracted the virus and developed antibodies and others who have had a PCR test within the last 72 hours. Continue reading
Jun 01 OPEC to increase oil output as global economy recovers By David McHugh, Associated Press Saudi Arabia's energy minister, the de facto leader among member countries, said that there were still "clouds on the horizon" despite recovering demand and the economy rebound in many countries. Continue reading