Labor economy

President Donald Trump signs an executive order during a news conference at the Trump National Golf Club in Bedminster, N.J., Saturday, Aug. 8, 2020. (AP Photo/Susan Walsh)
August 12, 2020 - 5:01 pm
WASHINGTON (AP) — The nation's leading business group on Wednesday raised serious concerns about President Donald Trump's move to defer Social Security payroll taxes for American workers, warning that the plan for a shot of economic relief during the coronavirus pandemic could prove unworkable. The...
Read More
FILE - In this July 16, 2019, file photo an American flag flies on the Capitol Dome in Washington. The U.S. budget deficit climbed to $2.81 trillion in the first 10 months of the budget year, exceeding any on record, the Treasury Department said Wednesday, Aug. 12, 2020. (AP Photo/Carolyn Kaster, File)
August 12, 2020 - 2:06 pm
SILVER SPRING, Md. (AP) — The U.S. budget deficit climbed to $2.81 trillion in the first 10 months of the budget year, exceeding any on record, the Treasury Department said Wednesday. The nation's budgetary shortfall is expected to eventually reach levels for the fiscal year that ends Sept. 30 more...
Read More
FILE - In this Thursday, April 30, 2020 file photo, a woman wearing a mask to protect against coronavirus, rides a bicycle past a job centre in Shepherd's Bush, as the lockdown to curb the spread of coronavirus continues, in London. The U.K. economy has officially fallen into a recession after official figures showed it contracting by a record 20.4% in the second quarter as a result of lockdown measures put in place to counter the coronavirus pandemic. The slump recorded by the Office for National Statistics follows a 2.2% quarterly contraction in the first three months of the year. (AP Photo/Alberto Pezzali, File)
August 12, 2020 - 9:05 am
LONDON (AP) — Britain has suffered the deepest recession among the world’s top economies this year, shrinking by a fifth in the second quarter alone when much of the economy was mothballed as part of efforts to contain the coronavirus pandemic. The 20.4% quarterly drop is the worst since records...
Read More
Megan Foster poses for a picture on the campus of the University of North Carolina-Charlotte on Saturday, Aug. 1, 2020, in Charlotte, N.C. The iconic summer job for high school and college students has been on the wane for nearly 20 years. But the pandemic is squeezing even more young people out of the workforce. Foster, a grad student, was unable to get a paid internship or summer job in her field of communications. (AP Photo/Chris Carlson)
August 11, 2020 - 9:56 am
Sara Buie lined up a summer lifeguard job to help pay for a new laptop, textbooks and a backpack for her freshman year at Virginia’s James Madison University. But the coronavirus pandemic closed her community pool. She tried offering online tutoring to middle school and high school students. But...
Read More
A woman walks by a closed store, in London, Thursday, July 16, 2020. Unemployment across the U.K. has held steady during the coronavirus lockdown as a result of a government salary support scheme, but there are clear signals emerging that job losses will skyrocket over coming months. The Office for National Statistics said Thursday there were 649,000 fewer people, or 2.2%, on payroll in June when compared with March when the lockdown restrictions were imposed. (AP Photo/Alastair Grant)
August 11, 2020 - 6:35 am
LONDON (AP) — The U.K. has kept a lid on unemployment so far during the coronavirus pandemic but, scratch beneath the surface, there are worrying trends that will likely see the jobless total soaring by the end of the year. Figures released Tuesday from the Office for National Statistics showed...
Read More
President Donald Trump prepares to sign four executive orders during a news conference at the Trump National Golf Club in Bedminster, N.J., Saturday, Aug. 8, 2020. Seizing the power of his podium and his pen, Trump on Saturday moved to bypass the nation's elected lawmakers as he claimed the authority to defer payroll taxes and extend an expired unemployment benefit after negotiations with Congress on a new coronavirus rescue package collapsed.(AP Photo/Susan Walsh)
August 10, 2020 - 9:49 pm
RICHMOND, Virginia (AP) — Governors and state labor department officials were scrambling Monday to determine whether they could implement President Donald Trump’s executive order to partially extend unemployment assistance payments to millions of Americans struggling to find work in the pandemic-...
Read More
President Donald Trump talks with reporters before departing from Morristown Municipal Airport in Morristown, N.J., Sunday, Aug. 9, 2020. Trump was returning to Washington after spending the weekend at Trump National Golf Club. (AP Photo/Susan Walsh)
August 10, 2020 - 6:31 pm
WASHINGTON (AP) — President Donald Trump’s move to defer Social Security payroll taxes could be taking him into treacherous political territory. His directive — aimed at boosting an economy shaken by the coronavirus pandemic — doesn’t affect retirement benefits but impacts how they're paid for...
Read More
FILE - In this May 5, 2020 file photo, a help wanted sign shows at Illinois Air Team Test Station in Lincolnshire, Ill. U.S. employers advertised more jobs in June 2020 compared with May, but overall hiring fell, painting a mixed picture of the job market. The number of jobs posted on the last day in June jumped 9.6% to 5.9 million, the Labor Department said Monday, Aug. 10 a solid gain but still below the pre-pandemic level of about 7 million. (AP Photo/Nam Y. Huh)
August 10, 2020 - 10:09 am
WASHINGTON (AP) — U.S. employers advertised more jobs in June compared with the previous month, but overall hiring fell, painting a mixed picture of the job market. The number of jobs posted on the last day in June jumped 9.6% to 5.9 million, the Labor Department said Monday, a solid gain but still...
Read More
Fashion school graduate Phoebe St. Leger poses for a photo in Florence, Italy, Jan. 25, 2018. Around the world, young people armed with new degrees, diplomas and professional qualifications are struggling to enter the workforce as the pandemic pushes the global economy into recession. British fashion school graduate Phoebe St. Leger’s dream of landing a job at a design label is on hold. The coronavirus forced the cancellation of her university graduating class's final-year fashion show, which removing the chance to show her knitwear collection to people in the industry, some of whom might have liked her work enough to offer her a job. (Shannon Davidson via AP)
August 10, 2020 - 3:03 am
LONDON (AP) — British fashion school graduate Phoebe St. Leger’s dream of landing a job at a design label is on hold. Like many others in the global Class of 2020, the pandemic is clouding her career ambitions. The coronavirus forced the cancellation of her university graduating class's final-year...
Read More
President Donald Trump walks to his car after arrive in Southampton, N.Y., on Marine One, Saturday, Aug. 8, 2020. Trump is attending two fundraisers during his visit to the Hamptons. (AP Photo/Susan Walsh)
August 09, 2020 - 8:25 pm
FALLS CHURCH, Va. (AP) — Whether President Donald Trump has the constitutional authority to extend federal unemployment benefits by executive order remains unclear. Equally up in the air is whether states, which are necessary partners in Trump's plan to bypass Congress, will sign on. Trump...
Read More

Pages