Mar 05 WATCH: Biden says jobs report shows stimulus urgently needed By Associated Press Biden noted that at the current rate of recovery, "it will take two years to get us back on track," and urged the quick passage of his coronavirus stimulus package. Continue reading
Mar 05 U.S. adds a strong 379,000 jobs in hopeful sign for economy By Christopher Rugaber, Associated Press U.S. employers added a robust 379,000 jobs last month, the most since October and a sign that the economy is strengthening as confirmed viral cases drop, consumers spend more and states and cities ease business restrictions. Continue reading
Mar 01 U.S. manufacturing activity jumps to 3-year high By Martin Crutsinger, Associated Press Manufacturers are reportedly benefiting from a shift in spending, with Americans spending money on homes and other projects rather than going out to restaurants or risking shopping indoors. Continue reading
Feb 18 Watch 8:35 With millions looking for work, stigmas create a dearth of skilled tradespeople By Paul Solman Jobless claims were high again this past week with more than 860,000 people filing for unemployment benefits for the first time. Millions of people are still looking for work, but some employers say they can't find enough skilled workers for… Continue watching
Feb 05 Watch 5:19 Congressional Democrats back blueprint for Biden's relief plan By Yamiche Alcindor, Ryan Connelly Holmes President Biden's plans to pass a $1.9 trillion stimulus package picked up some momentum Friday as Democrats in Congress approved a basic blueprint. While the measures don't have the force of law, lawmakers are expected to begin writing the details… Continue watching
Feb 05 Watch 6:54 Who is bearing the brunt of the pandemic's economic pain? President Biden's nearly $2 trillion stimulus package on Friday cleared a procedural hurdle in the Senate, as a tepid jobs report confirmed the economy is still sputtering from the pandemic. Raphael Bostic, president and CEO of the Federal Reserve Bank… Continue watching
Feb 05 WATCH: Biden wants to go big, fast and alone on COVID relief By Josh Boak, Associated Press Biden says the rescue plan he is pushing forward in Congress is the "answer to the crisis we are in."… Continue reading
Feb 05 U.S. employers add just 49,000 jobs as unemployment falls to 6.3 percent By Christopher Rugaber, Associated Press U.S employers added just 49,000 jobs in January, a sign that that the viral pandemic retains a tight grip on the economy nearly a year after it triggered a painful recession. Continue reading
Feb 04 Watch 4:39 News Wrap: Smartmatic files suit against Fox News, Trump's lawyers over election claims In our news wrap Thursday, the voting technology company Smartmatic USA filed a $2.7 billion lawsuit against Fox News and two of former President Trump's attorneys over election fraud claims, the pandemic is still throwing large numbers of Americans out… Continue watching
Feb 03 Why U.S. hiring could rebound faster than expected By Christopher Rugaber, Associated Press A hopeful view is gaining steam that as vaccinations reach a critical mass in the United States, perhaps around midyear, the economy and the job market will strengthen much faster. Continue reading