Feb 10 Powell stresses commitment to full employment and low rates By Christopher Rugaber, Associated Press Powell spent little time on inflation in prepared remarks for a webcast to the Economic Club of New York. Continue reading
Feb 05 A meager gain in U.S. jobs last month highlights virus’ damage By Christopher Rugaber, Associated Press The increase of just 49,000 positions in January made scarcely any dent in the nearly 10 million jobs that remain lost since the virus intensified nearly a year ago. Continue reading
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. Continue reading
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. Continue reading
Jan 22 The data behind 9 big challenges facing Biden By Vignesh Ramachandran, Chloe Jones, Dorothy Hastings, Isabella Isaacs-Thomas, Candice Norwood President Joe Biden and Vice President Kamala Harris face a confluence of crises as they kick off their first 100 days in leadership. Continue reading
Jan 22 Biden ordering stopgap help as talks start on big aid plan By Josh Boak, Associated Press President Joe Biden plans to take executive action to provide a stopgap measure of financial relief to millions of Americans. Continue reading
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