“We are struggling”: A bleak Christmas for America鈥檚 jobless
Last Christmas, Shanita Matthews cooked up a feast for her family of three: Roast chicken, barbecue spareribs, spinach, macaroni and cheese.
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U.S. jobless claims jump to 853,000, the most since September, amid resurgence of coronavirus
The number of people applying for unemployment aid jumped last week to 853,000, the most since September, evidence that companies are cutting more jobs as new virus cases spiral higher.
U.S. hiring slows sharply to 245,000 jobs as virus intensifies
America’s employers sharply scaled back their hiring last month as the viral pandemic accelerated across the country, adding 245,000 jobs, the fewest since April and the fifth straight monthly slowdown.
Treasury Secretary Mnuchin denies trying to hinder incoming administration
Treasury Secretary Steven Mnuchin denied that he is attempting to limit the choices President-elect Joe Biden will have to promote an economic recovery by ending several emergency loan programs being...
U.S. jobless claims increase to 742,000 as pandemic worsens
The number of Americans seeking unemployment aid rose last week to 742,000, the first increase in five weeks and a sign that the resurgent viral outbreak is likely slowing the...
709,000 seek U.S. jobless aid as pandemic escalates
The number of people seeking U.S. unemployment benefits fell last week to 709,000, a still-high level but the lowest figure since March and a further sign that the job market...
Bidenomics: More stimulus, tougher regulation, and gridlock
President-elect Joe Biden will inherit a vulnerable economic recovery under threat from a resurgent virus, likely with a divided Congress that will hinder his ability to address the challenges.
Unemployment drops to 6.9% as U.S. adds a solid 638,000 jobs
U.S. employers added 638,000 jobs in October, a solid pace though far fewer than needed to regain most of the jobs lost to the pandemic recession just as new viral...
Jobless claims fall to 751,000, but new infections a threat
The number of Americans seeking unemployment benefits fell last week to 751,000, the lowest since March, but it's still historically high and indicates the viral pandemic is forcing many employers...
Blowout U.S. economic growth in summer is already fading
Americans may feel whiplashed by a report Thursday on the economy's growth this summer, when an explosive rebound followed an epic collapse.