Mar 31 People leaving prison have a hard time getting jobs. The pandemic has made things worse By Justin Stabley In the best of economic times, formerly incarcerated people face an uphill battle to find full-time employment, facing administrative hurdles, social stigma and emotional health issues from their time in prison. Continue reading
Mar 18 Watch 8:11 As nationwide unemployment grows, Rhode Island steps in to help residents find work By Paul Solman, Lee Koromvokis This week marked the 52nd straight week of high unemployment claims, with numbers rising as more than a million people filed for state and emergency federal unemployment benefits across the country. One state, Rhode Island, is working to reverse that… Continue watching
Mar 09 When to expect payments, other benefits from COVID-19 relief package By Sarah Skidmore Sell, Associated Press The $1.9 trillion federal pandemic relief package is expected to make its way through the House and hit President Joe Biden's desk soon. But when will the benefits reach you?… Continue reading
Feb 25 Biden directive expands jobless aid to more unemployed By Christopher Rugaber, Associated Press Those eligible include people who have turned down job offers because they believed the employers weren't providing sufficient protection from the coronavirus. Continue reading
Feb 19 Federal Reserve sees modest pickup in hiring this month By Christopher Rugaber, Associated Press The Federal Reserve says there’s evidence that hiring has picked up in recent weeks, though the job market remains badly damaged by the pandemic. Continue reading
Feb 12 Amid systemic inequality, U.S. salaries recover even as jobs haven’t By Christopher Rugaber, Associated Press The turnaround in total wages underscores how disproportionately America's job losses have afflicted workers in lower-income occupations. Continue reading
Feb 11 GOP attacks Dems’ $1.9 trillion COVID-19 relief bill from all angles By Alan Fram, Ricardo Alonso-Zaldivar, Kevin Freking, Associated Press The package would provide $1,400 payments to some Americans, hundreds of billions for state and local governments and boost vaccination efforts, raise tax credits for children and increase unemployment benefits. Continue reading
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