Jan 08 U.S. loses 140,000 jobs, first monthly drop since spring By Christopher Rugaber, Associated Press U.S. employers shed jobs last month for the first time since April, cutting 140,000 positions, clear evidence that the economy is faltering as the viral pandemic tightens its grip on consumers and businesses. Continue reading
Jan 07 U.S. unemployment claims fall slightly 787,000 By Associated Press Thursday's figure from the Labor Department, a slight decline from the previous week, showed that many employers are still cutting jobs as the pandemic tightens business restrictions and leads anxious consumers to stay home. Continue reading
Dec 28 ‘It’s just senseless.’ Despite COVID relief, unemployed Americans still worry about paying their bills By Gretchen Frazee, Leah Nagy Americans had mixed emotions about the Covid-19 relief bill that President Donald Trump signed into law Sunday, extending unemployment benefits for an estimated 12 million Americans. Continue reading
Dec 24 America’s jobless meet a bleak holiday season By Joseph Pisani, Chris Rugaber, Associated Press Millions of Americans have been jobless since the viral pandemic ripped through the U.S. economy in March, triggering a deep recession and causing widespread unemployment. Continue reading
Dec 23 Watch 6:41 With his demands unmet, Trump threatens to reject long-awaited COVID relief bill As the nation nears 325,000 total deaths, millions of Americans are feeling the economic impact of the pandemic. The Department of Labor on Wednesday reported 803,000 new jobless claims last week, and up to 14 million people could soon lose… Continue watching
Dec 23 Watch 6:57 Older workers carry on, even when life itself is life-threatening Americans are living longer, with average life expectancy in the U.S. rising from age 71 in 1970 to age 79 last year, leading many to stay employed far past retirement age. Paul Solman reports on some of the oldest workers… Continue watching
Dec 22 Watch 6:29 Older workers are facing fewer job prospects and higher COVID risks Millions of Americans have been crushed by the pandemic but older workers have faced both an economy with high levels of unemployment and a virus that puts them more at risk than younger people. And once they do lose a… Continue watching
Dec 13 Watch 7:37 CARE packages helped Europeans during WWII. Today, they are helping Americans By Mike Cerre CARE packages, a box of army surplus rations Americans could buy and ship to the millions of needy and displaced Europeans during the Second World War, are, for the first time in CARE’s history, being used to help Americans, many… Continue watching
Dec 10 Watch 4:40 News Wrap: Lebanon officials charged with negligence in deadly Beirut blast In our news wrap Thursday, Lebanon's caretaker prime minister and three other former ministers were charged with negligence in the Beirut explosion, applications for unemployment aid have spiked as companies cut more jobs amid the pandemic, President-elect Biden continues to… Continue watching
Dec 07 Millions of hungry Americans turn to food banks for first time By Sharon Cohen, Associated Press Feeding America, the nation's largest anti-hunger organization, has distributed 4.2 billion meals in an 8-month period. That's an unprecedented pace in the group's history. Continue reading