Labor economy

A woman walks past a store advertising sales at 70 percent off, Thursday, May 21, 2020, in Cleveland. More than 2.4 million people applied for U.S. unemployment benefits last week in the latest wave of layoffs from the viral outbreak that triggered widespread business shutdowns two months ago and sent the economy into a deep recession. (AP Photo/Tony Dejak)
May 21, 2020 - 9:52 pm
WASHINGTON (AP) — The number of Americans applying for unemployment benefits in the two months since the coronavirus took hold in the U.S. has swelled to nearly 39 million, the government reported Thursday, even as states from coast to coast gradually reopen their economies and let people go back...
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FILE - In this Thursday, April 2, 2020 file photo a sign explains the closure of a shop in the Pike Place Market in Seattle. As the coronavirus outbreak has caused record number of people to seek unemployment benefits Washington state officials said Thursday that impostors have used the stolen information of tens of thousands of people to receive hundreds of millions of dollars in unemployment benefits. (AP Photo/Elaine Thompson,File)
May 21, 2020 - 8:03 pm
OLYMPIA, Wash. (AP) — Impostors have used the stolen information of tens of thousands of people in Washington to fraudulently receive hundreds of millions of dollars in unemployment benefits, the head of the state’s Employment Security Department said Thursday. Commissioner Suzi LeVine said the...
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A woman looks at signs at a store closed due to COVID-19 in Niles, Ill., Wednesday, May 13, 2020. (AP Photo/Nam Y. Huh)
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May 21, 2020 - 7:39 am
WASHINGTON (AP) — More than 2.4 million people applied for U.S. unemployment benefits last week in the latest wave of layoffs from the viral outbreak that triggered widespread business shutdowns two months ago and sent the economy into a deep recession. Roughly 38.6 million people have now filed...
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A foreign reporter who was selected to cover the opening ceremony of the Chinese People's Political Consultative Conference (CPPCC) walks by medical workers after receiving a coronavirus test, at a hotel in Beijing, Thursday, May 21, 2020. This year's version of China's biggest political meeting of the year will be unlike any other. Delayed from March because of the then-spiraling coronavirus outbreak, the decision to go ahead with the gathering signals a partial return to normalcy in the country where the pandemic first broke out. "Partial" being the operative word: The congress will be far from normal. (AP Photo/Andy Wong)
May 20, 2020 - 10:08 pm
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — Japan approves lifting state of emergency in three...
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A man with a facemask walks past a wall mural in Singapore’s Little India district on Saturday, May 16, 2020. Wearing of facemarks is mandatory for everyone who goes outside their homes to control the spread of the coronavirus in the city state. Singapore has reported more than 27,000 COVID-19 cases, with 90% of the cases linked to foreign workers dormitories, but it has a low fatality rate of 21 deaths. (AP Photo/YK Chan)
May 19, 2020 - 11:31 pm
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — UN Secretary-General warns virus pandemic threatens...
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In this March 3, 2020 file photo Federal Reserve Chair Jerome Powell speaks during a news conference in Washington. Powell is pledging to reveal the names and other details of the entities that borrow from the emergency programs the central bank has set up to offset the economic hit from the viral outbreak. In prepared testimony for a Tuesday, May 19, 2020 congressional hearing, Powell says the central bank will disclose the amounts borrowed and the interest rates it levies under its programs to provide credit for large corporations, state and local governments, and medium-sized businesses. (AP Photo/Jacquelyn Martin, file)
May 19, 2020 - 3:13 pm
WASHINGTON (AP) — Facing the gravest U.S. economic crisis in decades, Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell offered Congress contrasting views Tuesday of what the government's most urgent priority should be. Striking a theme frequently pushed by President Donald...
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A dog walks over a sign printed on the pavement, in London, Tuesday, May 19, 2020, after the introduction of measures to bring the country out of lockdown amid the coronavirus pandemic. (AP Photo/Kirsty Wigglesworth)
May 19, 2020 - 12:31 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to national and global response, the work place and the spread of the virus. ________________________ SLOW TURNAROUND: United Airlines said it is seeing a “...
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A woman relaxes in a park with her dog near a large sign, in London, Tuesday, May 19, 2020, after the introduction of measures to bring the country out of lockdown amid the coronavirus pandemic. (AP Photo/Kirsty Wigglesworth)
May 19, 2020 - 12:06 pm
LONDON (AP) — An influential group of British lawmakers on Tuesday accused Prime Minister Boris Johnson’s government of failing to conduct enough tests for the new coronavirus, saying the lapse helped COVID-19 cut a deadly swath through U.K. nursing homes. As official statistics revealed more than...
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FILE - In this April 28, 2020 file photo President Donald Trump, along with Jovita Carranza, administrator of the Small Business Administration, and Treasury Secretary Steven Mnuchin listen during an event about the Paycheck Protection Program used to support small businesses during the coronavirus outbreak, in the East Room of the White House in Washington. The Small Business Administration is shouldering a massive relief effort for the nation’s small businesses and their workers left reeling by the pandemic. The agency has committed to auditing every sizable emergency loan it approves. But six weeks after the $600 billion-plus program was launched, the agency has yet to make public the recipients of taxpayer aid. (AP Photo/Evan Vucci)
May 19, 2020 - 9:47 am
WASHINGTON (AP) — A small, overlooked federal agency is shouldering a massive relief effort for the nation’s small businesses and their workers left reeling by the pandemic. The Small Business Administration has committed to auditing every sizable emergency loan it approves. But six weeks after the...
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A cyclist rides his bike along Waterloo Bridge, in London, Monday, May 18, 2020. Large areas of London are to be closed to cars and vans to allow people to walk and cycle safely as the coronavirus lockdown is eased, including Waterloo Bridge and London Bridge. (AP Photo/Alberto Pezzali)
May 19, 2020 - 8:36 am
LONDON (AP) — Unemployment claims in Britain jumped by a record amount in April to their highest level since the 1990s, underscoring the impact the COVID-19 pandemic is having on the economy despite government programs to keep workers on payrolls. Jobless claims surged by 856,000 in April, to 2.1...
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