Jun 19 WATCH: Powell discusses ways to rebuild the workplace amid COVID-19 By Associated Press The chairman's remarks to a House committee came on the second day of his semi-annual testimony to Congress on monetary policy. Continue reading
Jun 18 Watch 8:10 State reopening plans force trade-offs between health and economy By Paul Solman The staggering number of Americans seeking unemployment benefits underscores just how many are struggling financially due to the pandemic. While the economic damage from shuttering businesses and staying home is undeniable, public health experts worry that the pressure to reopen… Continue watching
Jun 11 Millions of workers are jobless while in-demand jobs need workers. Can colleges train them? By Matt Krupnick, The Hechinger Report Colleges and universities are already being called upon to help Americans learn the skills they’ll need to weather the impending recession. Continue reading
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
May 24 Trump’s pitch to voters: Trust me, economy will soar in 2021 By Jill Colvin, Zeke Miller, Associated Press It's a delayed-reward tactic Trump was using long before the global pandemic gut-punched the country. He has turned to it with new urgency as the coronavirus has robbed him of the booming economy that was to be the core of… Continue reading
May 08 Watch 11:42 Shields and Brooks on DOJ’s Flynn reversal, Trump’s pandemic response Syndicated columnist Mark Shields and New York Times columnist David Brooks join Judy Woodruff to discuss the latest political news, including the Department of Justice’s request to throw out the case against Michael Flynn, the politicization of American government institutions… Continue watching
Apr 29 Economists say quick rebound from recession is unlikely By Martin Crutsinger, Associated Press Hopes are beginning to arise that the U.S. economy might be poised to rebound by the second half of the year. Yet most economists say such expectations should be kept in check. Continue reading
Apr 24 Coronavirus relief pushing U.S. deficits to staggering heights By Andrew Taylor, Associated Press A recession caused by the coronavirus pandemic and a burst of government spending will nearly quadruple the government’s budget deficit, the Congressional Budget Office said Friday. Continue reading
Apr 16 Watch 3:42 Stories from Americans struggling with the pandemic’s economic fallout The U.S. is experiencing a sudden spike in unemployment not seen since the Great Depression. In about a month, 22 million lost their jobs, with many more cuts yet to come -- and a sense that even these staggering numbers… Continue watching
Apr 16 Watch 4:55 The pandemic has wiped out nearly all job gains since recession — and it’s not done yet U.S. job losses resulting from the COVID-19 pandemic are simply staggering. So far, they are roughly equivalent to the number of jobs created since the last painful recession. Elise Gould, senior economist with the nonprofit Economic Policy Institute, joins Judy… Continue watching