Labor economy

Workers wearing masks walk by the New York Stock Exchange during the coronavirus pandemic, Thursday, July 9, 2020, in New York. (AP Photo/Mark Lennihan)
July 09, 2020 - 3:05 pm
NEW YORK (AP) — Stocks slumped on Wall Street Thursday amid worries that recent improvements in the economy may be set to stall as coronavirus cases continue to climb. The S&P 500 lost nearly all of Wednesday’s gains, with the sharpest drops hitting oil producers and other stocks whose fortunes...
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FILE - In this June 30, 2020, file photo Democratic presidential candidate, former Vice President Joe Biden speaks at Alexis Dupont High School in Wilmington, Del. (AP Photo/Patrick Semansky)
July 09, 2020 - 12:04 pm
DUNMORE, Pa. (AP) — Launching an economic pitch expected to anchor his fall presidential campaign, Democratic candidate Joe Biden is proposing using the federal government’s regulatory and spending power to bolster U.S. manufacturing and technology firms. Biden calls for a $400 billion, four-year...
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FILE - In this April 24, 2020 file photo, empty United Airlines ticket machines are shown at the Tampa International Airport in Tampa, Fla. United United Airlines will send layoff warnings to 36,000 employees - nearly half its U.S. staff - in the clearest signal yet of how deeply the virus outbreak is hurting the airline industry. United officials said Wednesday, July 8 that they still hope to limit the number of layoffs by offering early retirement, but they have to send notices this month to comply with a law requiring that workers get 60 days' notice ahead of mass job cuts. (AP Photo/Chris O'Meara, File)
July 09, 2020 - 7:40 am
WASHINGTON (AP) — More than 1.3 million Americans applied for unemployment benefits last week, a historically high pace that shows that many employers are still laying people off in the face of a resurgent coronavirus. The persistently elevated level of layoffs are occurring as a spike in virus...
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Britain's Chancellor of the Exchequer Rishi Sunak visits the Worcester Bosch factory to promote the initiative, Plan for Jobs, in Worcester, England, Thursday July 9, 2020. (Phil Noble/Pool via AP)
July 09, 2020 - 7:06 am
LONDON (AP) — The U.K.'s Treasury chief acknowledged Thursday that the country faced unprecedented economic times, entering one of the most severe recessions it has ever seen as it emerges from the COVID-19 pandemic. A day after revealing his spending plans to boost the economy in a mini-budget,...
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FILE - In this June 19, 2020, file photo, people demonstrate in Chicago, to mark Juneteenth. A national coalition of labor unions, along with racial and social justice organizations, will stage a mass walkout from work July 20, as part of an ongoing reckoning on systemic racism and police brutality in the U.S. (AP Photo/Nam Y. Huh, File)
July 08, 2020 - 9:57 pm
NEW YORK (AP) — A national coalition of labor unions, along with racial and social justice organizations, will stage a mass walkout from work this month, as part of an ongoing reckoning on systemic racism and police brutality in the U.S. Dubbed the “Strike for Black Lives,” tens of thousands of...
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FILE - In this Wednesday, March 11, 2020 file photo, Britain's Chancellor of the Exchequer Rishi Sunak stands outside No 11 Downing Street and holds up the traditional red box that contains the budget speech for the media, he will then leave to make budget speech to House of Commons, in London. British Treasury chief Rishi Sunak on Wednesday is set to announce a 2 billion pound ($2.5 billion) program to create jobs for young people as the government tries to revive an economy battered by the COVID-19 pandemic. (AP Photo/Kirsty Wigglesworth, File)
July 08, 2020 - 2:54 am
LONDON (AP) — British Treasury chief Rishi Sunak on Wednesday is set to announce a 2-billion-pound ($2.5 billion) program to create jobs for young people as the government tries to revive an economy battered by the COVID-19 pandemic. Announcement of the funding, which will create government-...
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FILE - In this April 5, 2020 file photo, Mexican President Andres Manuel Lopez Obrador speaks at the National Palace in Mexico City. For his first foreign trip as president, López Obrador travels to Washington Tuesday, July 7, 2020 to meet with President Donald Trump. (AP Photo/Eduardo Verdugo, File)
July 07, 2020 - 9:26 pm
MEXICO CITY (AP) — For his first foreign trip as president, Mexico’s Andrés Manuel López Obrador travels to Washington Tuesday to meet with President Donald Trump, who has repeatedly taken shots at Mexico and Mexican migrants to rally his base. The visit, coming just four months before U.S...
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Senate Majority Leader Mitch McConnell, R-Ky., listens to questions during a news conference following a GOP policy meeting on Capitol Hill, Tuesday, June 30, 2020, in Washington. (AP Photo/Manuel Balce Ceneta)
July 07, 2020 - 7:26 pm
WASHINGTON (AP) — An eviction moratorium is lifting. Extra unemployment benefits are ending. Parents are being called to work, but schools are struggling to reopen for fall as the COVID-19 crisis shows no signs of easing. With Congress bracing for the next coronavirus aid package, Senate Majority...
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FILE - In this May 21, 2020 file photo, a man looks at signs of a closed store due to COVID-19 in Niles, Ill. U.S. layoffs surged in April revealing the deep economic hole that comes with shuttered offices, restaurants, stores and schools. (AP Photo/Nam Y. Huh, File)
KNSS News
July 07, 2020 - 9:57 am
WASHINGTON (AP) — The job market took a big step toward healing in May, though plenty of damage remains, as a record level of hiring followed record layoffs in March and April. The Labor Department reported Tuesday that the number of available jobs rose sharply as well, but remained far below pre-...
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FILE - In this June 30, 2020 file photo, Treasury Secretary Steven Mnuchin testifies during a House Financial Services Committee hearing on the coronavirus response on Capitol Hill in Washington. The Treasury Department said it is releasing on Monday, July 6 the names of more than 700,000 companies that received funds from the government’s small business lending program, a massive effort intended to support the economy as states shut down in April to contain the viral outbreak (Tasos Katopodis/Pool via AP, File)
July 06, 2020 - 5:53 pm
WASHINGTON (AP) — The government on Monday identified roughly 650,000 mostly small businesses and nonprofits that received taxpayer money through a federal program that was designed to soften job losses from the coronavirus but also benefited wealthy, well-connected companies and some celebrity...
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