Labor economy

In this April 15, 2020 photo, a lone pedestrian makes their way through the Ithaca Commons in Ithaca, N.Y. Most of the almost 24,000 students at Cornell University and 6,200 more from Ithaca College effectively vanished in March when the pandemic struck, leaving behind struggling restaurants and shops. Locals still reeling from the outbreak and resulting exodus are wondering when - or if - things will get back to normal. (John Munson/Cornell University via AP)
KNSS News
June 21, 2020 - 8:27 am
What happens to a college town when the students disappear? Ithaca, a small upstate New York city nearby gorges and vineyards, is finding out. Most of the 24,000 students at Cornell University and 6,200 more from Ithaca College effectively vanished in March when the coronavirus pandemic struck,...
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People line up to get tested for COVID-19 at a drive through testing site hosted by the Puente Movement migrant justice organization Saturday, June 20, 2020, in Phoenix. Latinos are especially vulnerable to infection because they tend to live in tight quarters with multiple family members and have jobs that expose them to others. They also have a greater incidence of health conditions like diabetes that put them at higher risk for contracting COVID-19. (AP Photo/Matt York)
KNSS News
June 20, 2020 - 2:04 pm
JOHANNESBURG — South Africa has announced nearly 5,000 new coronavirus cases for a new daily record. The country has recorded a total of 92,000 confirmed cases as of Saturday, which is about 30% of all cases across the African continent. More than half of South Africa’s cases are in Western Cape...
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FILE - In this June 16, 2020, file photo President Donald Trump speaks during an event on police reform, in the Rose Garden of the White House in Washington. Americans are deeply unhappy about the state of their country, and a majority think Trump is doing more to divide the nation than unite it, according to a new poll from The Associated Press-NORC Center for Public Affairs Research. (AP Photo/Evan Vucci, File)
June 18, 2020 - 1:12 pm
WASHINGTON (AP) — Americans are deeply unhappy about the state of their country — and a majority think President Donald Trump is exacerbating tensions in a moment of national crisis, according to a new poll from The Associated Press-NORC Center for Public Affairs Research. With less than five...
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Builders work on ascaffolding in London, Wednesday, June 17, 2020. After the easing of lockdown during the COVID-19 pandemic, most construction companies have restarted their business but official figures show that the British economy shrank by a colossal 20.4% in April, the first full month that the country was in its lockdown. (AP Photo/Frank Augstein)
June 18, 2020 - 12:55 pm
LONDON (AP) — The Bank of England unveiled another big stimulus package for the U.K. economy as it tries to limit the scale of the coronavirus recession, which it now believes will be “less severe” than it feared last month. In a statement Thursday, the bank’s policy making panel said it was...
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FILE - In this June 4, 2020, file photo, a customer walks out of a U.S. Post Office branch and under a banner advertising a job opening, in Seattle. The U.S. government will issue its latest snapshot Thursday, June 18, of the layoffs that have left millions unemployed but have slowed as businesses have increasingly reopened and rehired some of their laid-off workers. (AP Photo/Elaine Thompson, File)
June 18, 2020 - 6:07 am
WASHINGTON (AP) — The U.S. government will issue its latest snapshot Thursday of the layoffs that have left millions unemployed but have slowed as businesses have increasingly reopened and rehired some of their laid-off workers. The pace of job cuts has steadily declined in the three months since...
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FILE - In this Tuesday, March 3, 2020 file photo, Federal Reserve Chair Jerome Powell pauses during a news conference to discuss an announcement from the Federal Open Market Committee, in Washington. The Federal Reserve says it will keep buying bonds, Wednesday, June 10, to maintain low borrowing rates and support the U.S. economy in the midst of a recession. And it says nearly all the Fed’s policymakers foresee no rate hike through 2022. .(AP Photo/Jacquelyn Martin, File)
June 17, 2020 - 1:12 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell stressed Tuesday that the federal government's role in strengthening the U.S. market in the face of a recession is vital in preventing a worsening of economic inequality. Powell said the the Fed would continue to deploy all its financial...
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FILE - In this Tuesday, March 3, 2020 file photo, Federal Reserve Chair Jerome Powell pauses during a news conference to discuss an announcement from the Federal Open Market Committee, in Washington. The Federal Reserve says it will keep buying bonds, Wednesday, June 10, to maintain low borrowing rates and support the U.S. economy in the midst of a recession. And it says nearly all the Fed’s policymakers foresee no rate hike through 2022. .(AP Photo/Jacquelyn Martin, File)
June 16, 2020 - 1:39 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell warned Tuesday that the U.S. economy faces a deep downturn with “significant uncertainty” about the timing and strength of a recovery. He cautioned that the longer the recession lasts, the worse the damage that would be inflicted on the job...
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FILE - In this May 7, 2020 file photo a woman sitting on a stoop reading a book in the sun is seen reflected by a closed clothing store's window on West Broadway in the SoHo neighborhood of the Manhattan borough in New York. U.S. retail sales likely recovered somewhat in May as the economy increasingly reopened from closures caused by the coronavirus and more shoppers felt confident enough to spend. The Commerce Department is expected to report Tuesday, June 16, 2020 that retail purchases climbed 9% from April to May, according to economists surveyed by the data provider FactSet. (AP Photo/Mary Altaffer, file)
KNSS News
June 16, 2020 - 10:16 am
BALTIMORE (AP) — U.S. retail sales jumped by a record 17.7% from April to May, with spending partially rebounding after the coronavirus had shut down businesses, flattened the economy and paralyzed consumers during the previous two months. The government’s report Tuesday showed that retail sales...
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FILE - In this May 1, 2020, file photo, people ride down an escalator at a shopping mall in Oklahoma City as it reopens from its closure since mid-March due to coronavirus concerns. Many businesses are requiring customers and workers to sign forms saying they won't sue if they catch COVID-19. Businesses are afraid they could face lawsuits even if they follow social distancing and other government guidelines as they reopen across the U.S. after coronavirus shutdowns. (AP Photo/Sue Ogrocki, File)
KNSS News
June 16, 2020 - 9:31 am
WASHINGTON (AP) — As businesses reopen across the U.S. after coronavirus shutdowns, many are requiring customers and workers to sign forms saying they won’t sue if they catch COVID-19. Businesses fear they could be the target of litigation even if they adhere to safety precautions from the Centers...
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People walk with bags after shopping at the Selfridges department store in London, Monday, June 15, 2020. After three months of being closed under coronavirus restrictions, shops selling fashion, toys and other non-essential goods are being allowed to reopen across England for the first time since the country went into lockdown in March.(AP Photo/Matt Dunham)
June 16, 2020 - 6:30 am
LONDON (AP) — Unemployment in the U.K. is widely expected to hit levels not seen since the mid-1980s over the coming months as a result of the coronavirus-induced recession. Though the number of people officially labelled as unemployed held steady in April, the first full month after lockdown,...
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