Dec 09 Watch 7:36 How women are disproportionately carrying the cost of COVID A recent survey found roughly a quarter of women were considering reducing hours, switching to less demanding jobs, or leaving the workforce altogether. At least 2 million women have dropped out of the labor force since last year. Paul Paul… Continue watching
Dec 04 Watch 5:17 Hiring slows in the U.S. as millions face losing unemployment benefits The latest jobs report released by the Department of Labor Friday estimates the economy has not yet replaced about 10 millions jobs lost last spring, with many Americans now close to losing their unemployment benefits. Wendy Edelberg, director of the… Continue watching
Dec 03 Watch 4:28 News Wrap: New unemployment numbers underscore the pandemic’s economic damage In our news wrap Thursday, another 712,00 people filed for jobless benefits last week, tripling the average total from before the pandemic. And momentum is building for a new economic relief measure in Washington as COVID-19 numbers continue to surge… Continue watching
Dec 01 Watch 8:33 Why the pandemic is forcing millennials to move back home with their parents The pandemic has accelerated a change in housing in the U.S. that began well before the spread of COVID-19. Millennials, adults between the ages of 24 and 39, continue to move back home with their parents in significant numbers. For… Continue watching
Nov 19 Watch 3:52 News Wrap: Central American search teams find more hurricane dead In our news wrap Thursday, Hurricane Iota’s death toll has passed 40 across Central America. Search teams continue to find bodies in landslides triggered by flooding. Entire communities in Honduras and Nicaragua were overwhelmed, with thousands left homeless. Also, a… Continue watching
Nov 06 Watch 3:22 News Wrap: U.S. sees over 120,000 new COVID-19 cases in a day In our news wrap Friday, the U.S. wave of coronavirus infections is still building. More than 120,000 new cases were reported in the last day, pushing the national total past 9.6 million with more than 235,000 deaths. Also, remnants of… Continue watching
Nov 05 Watch 3:14 News Wrap: Fed keeps interest rate low, referencing ‘uncertain’ economy In our news wrap Thursday, the Federal Reserve kept its benchmark interest rate near zero, as was expected. Jerome Powell, chair of the Fed, spoke after a two-day policy meeting about the “extraordinarily uncertain” economic outlook. Also, the remains of… Continue watching
Oct 29 Watch 6:57 How the pandemic has shifted U.S. labor from services to goods 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… Continue watching
Oct 15 Watch 6:21 The moral questions about how traders may have profited off the pandemic In late February, when the pandemic was beginning to take hold in the U.S., President Trump and his team downplayed the risk to the American public. But a new report finds that key advisers to the president were conveying a… Continue watching
Oct 07 Watch 7:27 Americans need a ‘robust’ federal aid package, says Fed’s Kashkari While parts of the U.S. economy have recovered from the pandemic better and more quickly than expected, there are signs that millions of Americans could be without a job for six months or longer. That prospect -- along with the… Continue watching