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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."…

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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.

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Feb 04

U.S. unemployment claims fall to 779,000 but job cuts grind on

By Christopher Rugaber, Associated Press

The number of Americans seeking unemployment benefits declined to 779,000 last week, a still-historically high total that shows that a sizable number of people keep losing jobs to the viral pandemic.

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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.

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Jan 28

U.S. economy shrank 3.5 percent in 2020 after growing 4 percent last quarter

By Martin Crutsinger, Associated Press

Stuck in the grip of a viral pandemic, the U.S. economy grew at a 4 percent annual rate in the final three months of 2020 and shrank last year by the largest amount in 74 years.

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Oct 29

Watch 6:57
How the pandemic has shifted U.S. labor from services to goods

The last major economic report before Election Day indicates a 7.4 percent growth rate in economic output during the year’s third quarter. It’s a sharp rebound from the record plunge of the previous quarter, and the fastest pace since World…

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Oct 29

U.S. economy grew at 33 percent rate in third quarter, but recovery is incomplete

By Martin Crutsinger, Associated Press

The U.S. economy grew at a sizzling 33.1% annual rate in the July-September quarter — by far the largest quarterly gain on record — rebounding from an epic plunge in the spring, when the eruption of the coronavirus closed businesses…

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Oct 27

Watch 6:01
Program putting artists to work during pandemic takes leaf from the past

By Jared Bowen, GBH

The arts have been devastated by the pandemic, with consumer spending in the sector dropping significantly this year. Now, a pilot program in the mountains of western Massachusetts is looking to ideas from the past to ensure artists’ futures. Special…

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Oct 20

Watch 6:49
Without more federal aid, U.S. economy could take years to recover from pandemic

The coronavirus relief package Congress and the White House are negotiating over has a dual purpose of easing financial hardship for the unemployed and putting more money into the hands of consumers to keep the economy running. What happens when…

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Oct 13

Social security checks to increase modestly in 2021 despite COVID-19 economic fallout

By Ricardo Alonso-Zaldivar, Andrew Taylor, Associated Press

Social Security recipients will get a modest 1.3% cost-of living-increase in 2021, but that might be small comfort amid worries about the coronavirus and its consequences for older people.

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Saturday, Jan 28
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