Apr 02 Watch 6:31 Why the speed and scope of U.S. job losses complicate federal response What does the coronavirus pandemic’s unprecedented surge in job loss mean for the American economy? Professor and economist Laura Tyson served as chair of the Council of Economic Advisers during the Clinton administration. She joins Judy Woodruff to discuss whether… Continue watching
Apr 02 About half of working households lost income due to coronavirus, new poll shows By Josh Boak, Emily Swanson, Associated Press About half of all working Americans say they or a member of their household have lost some kind of income due to the coronavirus pandemic, with low-income Americans and those without college degrees especially likely to have lost a job. Continue reading
Apr 02 Back-to-back disasters: tornado and virus push Tennesseans to the limit By Adrian Sainz, Jonathan Mattise, Associated Press The lives of thousands of Tennesseans have been upended by back-to-back disasters. Putnam County residents still reeling from the deadly twisters of March 3 now have to confront life in the age of coronavirus. Continue reading
Apr 02 A record 10 million sought U.S. jobless aid in past 2 weeks By Associated Press The stunning report Thursday from the Labor Department showed that job cuts are mounting against the backdrop of economies in the United States and abroad that have almost certainly sunk into a severe recession. Continue reading
Apr 01 Rent is due and many struggle to pay amid virus outbreak By Associated Press For millions of Americans, Wednesday is the first time the landlord is knocking on the door since the coronavirus outbreak turned the economy upside down. Continue reading
Mar 31 Watch 6:07 Amid economic crisis, food banks are struggling to keep all the newly hungry fed By Stephanie Sy, Casey Kuhn, Lena I. Jackson With unemployment soaring, the COVID-19 outbreak is taking a staggering toll on workers. Food banks are ramping up their services to meet the rising demand, even as donations, volunteers and supplies are limited. Meanwhile, organizations worry about keeping their own… Continue watching
Mar 30 Rent strike idea gaining steam during coronavirus crisis By Jim Salter, Associated Press Many cities have temporarily banned evictions, but strike advocates are demanding that rent payments be waived, not delayed, for those in need. Continue reading
Mar 27 Watch 9:26 House passes largest economic relief package in history after voting drama The House of Representatives returned to D.C. Friday to approve the largest economic relief package in U.S. history. Bipartisan agreement over the bill reflected lawmakers’ recognition of urgent need amid the coronavirus pandemic. Meanwhile, governors continued to plead for more… Continue watching
Mar 26 Watch 3:21 Stories from Americans who have lost their income amid the pandemic Wednesday’s huge rise in unemployment claims dwarfs all historical records in the U.S. Although nearly 3.3 million filed, many economists say the number still doesn’t reflect the full scope of people who have been laid off or furloughed or are… Continue watching
Mar 26 Watch 7:22 Summers: U.S. government should spend ‘whatever it takes’ to control virus Former Treasury Secretary Lawrence Summers has deep experience in economic policy. On Wednesday, he was among a bipartisan group of economic experts urging U.S. officials to prioritize resolving the pandemic’s medical emergency before trying to rectify its economic fallout. Summers… Continue watching