Sep 12 Watch 3:59 Biden, Trump campaign in working-class Pennsylvania The demographics and the economy of Pennsylvania, which voted for President Trump in 2016 and is also the home state for Democratic candidate Joe Biden, have been changing. But jobs are still one of the biggest issues in the battleground… Continue watching
Sep 04 U.S. unemployment rate falls to 8.4 percent even as hiring slows By Associated Press Employers added 1.4 million jobs, the Labor Department said, down from 1.7 million in July. Continue reading
Aug 27 More than 1 million Americans file for unemployment, again By Paul Wiseman, Associated Press 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. Continue reading
Aug 06 1.2 million seek jobless aid after $600 federal checks end By Paul Wiseman, Associated Press 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… Continue reading
Jul 30 Record economic plunge, bleak jobs numbers reveal virus toll By Martin Crutsinger, Paul Wiseman, Associated Press 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. Continue reading
Jun 19 Hiring rose in 46 states in May, yet jobless rates remain high By Christopher Rugaber, Associated Press Employers added jobs in 46 states last month, evidence that the U.S. economy’s surprise hiring gain in May was spread broadly across the country — in both states that began reopening their economies early and those that did so only… Continue reading
Jun 11 Watch 5:06 What the latest jobs numbers say about a U.S. economic recovery The number of weekly jobless claims is the lowest since the economic shutdown began in March, but it remains far above what the U.S. has experienced during other financial crises. Jerome Powell, chairman of the Federal Reserve, said earlier this… Continue watching
Jun 05 Watch 9:09 Do May jobs numbers indicate economic recovery has begun? Jobs numbers from May were unexpectedly strong, catching most economists by surprise. But the Trump administration was quick to hail them as early indications of an economic recovery already underway. How do others interpret the new data -- and what… Continue watching
May 21 Watch 4:19 As 2.4 million file for unemployment, Trump insists economic recovery is near By Yamiche Alcindor As U.S. businesses prepare for gradual reopenings, the number of Americans filing for unemployment seems to be leveling off. Still, the Labor Department says more than 38 million people sought jobless benefits in the past nine weeks. But as he… Continue watching
May 21 Watch 7:11 How the pandemic has pushed U.S. retail toward the brink of collapse By Paul Solman For more than two months, the toll of unemployment in the U.S. has grown each week. The retail sector, which was already struggling before the pandemic, is among the hardest hit, with stores closed or at reduced capacity and consumers… Continue watching