By Paul Solman
The worsening pandemic continues to mean millions of Americans out of work. For older employees in particular, this kind of long-term unemployment can represent the end of a career -- especially when they may be facing age discrimination and bias.
In our news wrap Thursday, the U.S. Treasury reports the federal government ran up a record $284 billion budget deficit for the month of October. That shortfall is more than double what it was last year. Also, a helicopter carrying…
The last major economic report before Election Day indicates a 7.4 percent growth rate in economic output during the year’s third quarter. It’s a sharp rebound from the record plunge of the previous quarter, and the fastest pace since World…
By Christopher Rugaber, Associated Press
With confirmed COVID cases surging across the country, there is the risk that the economy could weaken again as more people choose to hunker down at home — and that even more stimulus might be needed next year than negotiators…
By Anita Snow, John L. Mone, Associated Press
Distributions by the Houston Food Bank now average about 800,000 pounds (363,000 kilograms) daily after reaching the unprecedented 1 million pound mark for the first time in the spring.
By Sarah Skidmore Sell, Associated Press
From April through September, the study found that the older workers unemployment rate was 9.7% compared to 8.6% for midcareer workers.
The last jobs report before Election Day showed the smallest monthly gain since May, raising concerns about a slowing and deeply uneven economic recovery. About half the initial 22 million jobs lost to the pandemic have been added back, but…
With large parts of the economy still sputtering under the weight of the coronavirus pandemic, many people are having to scale back. But some older Americans were already living a minimalist lifestyle on the road -- and some of them…
By David McHugh, Helena Alves, Associated Press
Unemployment rose for a fifth straight month in Europe in August and is expected to grow further amid concern that extensive government support programs won't be able keep many businesses hit by coronavirus restrictions afloat forever.
By Tom Krisher, Cathy Bussewitz, Associated Press
About 40,000 workers in the airline industry are facing layoffs on Thursday unless Congress comes up with another aid package. Many are worried about how they'll pay for rents, mortgages and food, or for health insurance.
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