Oct 08 U.S. layoffs remain elevated as 840,000 seek jobless aid By Christopher Rugaber, Associated Press The number of Americans seeking unemployment benefits fell slightly last week to a still-high 840,000, evidence that job cuts remain elevated seven months into the pandemic recession. Continue reading
Oct 06 Fed Chair Powell says lack of further stimulus ‘would lead to a weak recovery’ By Christopher Rugaber, Associated Press Strong financial support from the government and the Federal Reserve have spurred a solid recovery from the pandemic recession, but the rebound may falter without further aid, Fed Chair Jerome Powell warned Tuesday. Continue reading
Sep 10 Money for $300 unemployment boost to run out after 6 weeks By Geoff Mulvihill, Associated Press The program was created last month by President Donald Trump to replace a more generous $600-a-week supplement that had been authorized by Congress but expired. Continue reading
Sep 09 Watch 7:18 How will Woodward’s Trump revelations affect American voters? With Election Day now less than two months away, how will revelations that President Trump intentionally misled Americans about coronavirus risk affect voter intent? The Washington Post’s Gary Abernathy and Kansas-based journalist Sarah Smarsh, author of “Heartland,” join Judy Woodruff… Continue watching
Sep 04 Watch 6:27 Despite improved jobs numbers, Americans are still struggling The U.S. economy is continuing to climb back from its worst depths during the pandemic. The latest unemployment report contained good news about workers returning to the labor force, and about half of the 22 million jobs originally shed have… Continue watching
Aug 20 U.S. jobless claims rise to 1.1 million amid COVID-19 By Christopher Rugaber, Associated Press The latest figures suggest that more than five months after the viral outbreak erupted the economy is still weak, despite recent gains as some businesses reopen and some sectors like housing and manufacturing have rebounded. Continue reading
Aug 14 Trust in Trump sinks over COVID-19 as Biden support grows By Laura Santhanam Days before the Democratic National Convention, this latest PBS NewsHour/NPR/Marist poll shows former Vice President Joe Biden with his widest lead yet over incumbent President Donald Trump. Continue reading
Aug 07 Watch 3:42 With no deal on pandemic relief bill, Trump says he’ll use executive action The White House and congressional Democrats have again failed to agree on a new pandemic relief package. House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer met with Treasury Secretary Steven Mnuchin and White House Chief of Staff Mark… Continue watching
Aug 05 COVID-19 has spurred America’s first female recession By Chabeli Carrazana, The 19th Double-digit unemployment. Increased hours of child care. Lost hours and benefits. In three months, women lost a decade’s worth of economic advancement. How long will it take to catch back up?… 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