WASHINGTON — A much-awaited economic boom coming off the pandemic recession appeared to edge closer to reality Thursday with fresh data showing the pace of layoffs dwindling, consumers spending freely and manufacturing rebounding.
The latest barometers point to a U.S. economy […]
WASHINGTON — The number of Americans applying for unemployment benefits rose by 61,000 last week to 719,000, signaling that many employers are still cutting jobs even as more businesses reopen, vaccines are increasingly administered and federal aid spreads through the […]
WASHINGTON — The number of people seeking unemployment benefits fell sharply last week to 684,000, the fewest since the pandemic erupted a year ago and a sign that the economy is improving.
Thursday’s report from the Labor Department showed that jobless […]
WASHINGTON — The number of Americans seeking unemployment benefits fell last week to 712,000, the lowest total since early November, evidence that fewer employers are cutting jobs amid a decline in confirmed coronavirus cases and signs of an improving economy.
The […]
WASHINGTON — U.S. employers added a surprisingly robust 379,000 jobs last month in a sign the economy is strengthening as virus cases drop, vaccinations ramp up, Americans spend more and states ease business restrictions.
The February gain marked a sharp pickup […]
WASHINGTON — U.S. employers added a robust 379,000 jobs last month, the most since October and a sign that the economy is strengthening as confirmed viral cases drop, consumers spend more and states and cities ease business restrictions.
The February gain […]
WASHINGTON — Unemployed Americans who have turned down job offers because they feared their prospective employers weren’t providing sufficient protection from the coronavirus would qualify for jobless aid under a directive the Labor Department issued Thursday.
The measure would also expand […]
WASHINGTON — The number of Americans seeking unemployment benefits fell sharply last week in a sign that layoffs may have eased, though applications for aid remain at a historically high level.
Jobless claims declined by 111,000 from the previous week to […]
WASHINGTON — The number of Americans applying for unemployment aid rose last week to 861,000, evidence that layoffs remain painfully high despite a steady drop in the number of confirmed viral infections.
Applications from laid-off workers rose 13,000 from the previous […]
WASHINGTON — President Joe Biden’s effort to raise the federal minimum wage to $15 an hour could provide a welcome opportunity for someone like Cristian Cardona, a 21-year-old fast food worker. Cardona would love to earn enough to afford to […]
WASHINGTON — The number of Americans seeking unemployment benefits fell slightly last week to 793,000, evidence that job cuts remain high despite a substantial decline in new confirmed viral infections.
Last week’s total declined from 812,000 the previous week, the Labor Department […]
WASHINGTON — U.S. employers cut back sharply on hiring in December, particularly industries slammed by the pandemic such as restaurants and hotels, as virus infections soared and governments responded with tighter restrictions.
The number of available jobs rose slightly and layoffs […]
WASHINGTON — U.S employers added just 49,000 jobs in January, a sign that the viral pandemic retains a tight grip on the economy nearly a year after it triggered a painful recession.
The tepid increase followed a decline of 227,000 jobs […]
WASHINGTON — Hiring has weakened for six straight months. Nearly 10 million jobs remain lost since the coronavirus struck. And this week, the Congressional Budget Office forecast that employment won’t regain its pre-pandemic level until 2024.
And yet a hopeful view is […]
WASHINGTON — Taking whatever steps he can to galvanize the economy, President Joe Biden plans to sign an executive order Monday to boost government buying from U.S. manufacturers as he begins the negotiation process with Congress over a $1.9 trillion […]
WASHINGTON — The number of Americans seeking unemployment benefits fell slightly last week to 900,000, still a historically high level that points to ongoing job cuts in a raging pandemic.
The Labor Department’s report Thursday underscored that President Joe Biden has inherited […]
WASHINGTON — The number of Americans seeking unemployment benefits last week fell by 19,000 to 787,000, still a historically high level as a resurgent coronavirus maintains its grip on the U.S. economy.
While at the lowest level in four weeks, the […]
WEST PALM BEACH, Fla. — Unemployment benefits for millions of Americans struggling to make ends meet were set to lapse at midnight Saturday unless President Donald Trump signed an end-of-year COVID relief and spending bill that had been considered a […]
WASHINGTON — The number of Americans seeking unemployment benefits fell by 89,000 last week to a still-elevated 803,000, evidence that the job market remains under stress nine months after the coronavirus outbreak sent the U.S. economy into recession and caused […]
WASHINGTON — The number of Americans applying for unemployment benefits rose again last week to 885,000, the highest weekly total since September, as a resurgence of coronavirus cases threatens the economy’s recovery from its springtime collapse.
The Labor Department said Thursday that […]
NEW YORK— Americans held back on spending during the start of the holiday shopping season, a troubling sign for retailers and the state of the U.S. economy.
U.S. retail sales fell a seasonally adjusted 1.1% in November, according to the U.S. […]
WASHINGTON (AP) — With the viral pandemic accelerating across the country, America’s employers sharply scaled back their hiring last month, adding 245,000 jobs, the fewest since April and the fifth straight monthly slowdown.
At the same time, the unemployment rate fell […]
WASHINGTON — The number of Americans applying for unemployment benefits fell as the nation celebrated Thanksgiving last week to a still-high 712,000, the latest sign that the U.S. economy and job market remain under stress from the intensified viral outbreak.
Thursday’s […]
PARIS — Vendors broke out in applause in the flagship Galeries Lafayette department store in Paris as eager shoppers returned for the first time in a month, after yet another virus lockdown.
The reopening won’t be enough to make up for […]
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