Jun 09 WATCH: Senate Finance Committee hearing on role of unemployment insurance amid COVID-19 By Matthew Daly, Associated Press The Senate Finance Committee held a hearing on role of unemployment insurance amid the COVID-19 pandemic. Continue reading
Jun 09 WATCH: House Transportation Committee hearing on impacts of COVID-19 on transit workers By Associated Press The House Transportation Committee held a hearing on the impacts of COVID-19 on transit workers. Continue reading
Jun 09 U.S. employers laid off 7.7 million workers in April By Josh Boak, Associated Press U.S. employers laid-off 7.7 million workers in April _ a sign of how deep the economic hole is as offices, restaurants, stores and schools are reopening after being shuttered because of the coronavirus. Continue reading
Jun 08 Watch 6:47 Pandemic increases workload, health risks for postal and delivery employees By Amna Nawaz, Rhana Natour, Gretchen Frazee In the midst of the coronavirus pandemic, millions of Americans are relying on mail carriers and delivery workers for essential supplies. The workload for many of these employees has increased significantly with so many consumers ordering from home. Stress and… Continue watching
Jun 08 A U.S. recession began in February in the face of coronavirus, say economists By Christopher Rugaber, Associated Press The U.S. economy entered a recession in February, a group of economists declared Monday, ending more than a decade of steady if slow growth. Continue reading
Jun 08 WATCH: White House press secretary holds news briefing By Justin Stabley and Associated Press White House Press Secretary Kayleigh McEnany is expected to hold a press briefing Monday. Continue reading
Jun 08 Most stocks on Wall Street rise again on hopes for economy By Associated Press The Dow Jones Industrial Average was up 248 points, or 0.9%, at 27,359, as of 10:52 a.m. Eastern time, and the Nasdaq composite was up 0.2%. Continue reading
Jun 07 Watch 3:34 Once homeless, a new college graduate looks to the future By Zachary Green When we last spoke with Jaime Waldron earlier in April, she was a homeless college student worried about completing her online studies before graduation. Now, Waldron has officially graduated from the University of Massachusetts with a degree in criminal justice. Continue watching
Jun 06 Watch 2:07 The May jobs report 'misclassification error' explained By PBS NewsHour New numbers from the U.S. Labor Department Friday surprised economists when the jobless rate dropped from 14.7 percent in April to 13.3 percent in May. But there was a note on the official report called a “misclassification error” that makes… Continue watching
Jun 06 New jobs report diminishes GOP appetite for more virus aid By Andrew Taylor, Associated Press Republicans say the numbers vindicate their decision to take a pause and assess the almost $3 trillion in assistance they already have approved. The White House was already showing little urgency about pursing another trillion-dollar response bill, much less the… Continue reading