Labor economy

FILE - In this file photo dated Tuesday, June 2, 2020, a few people relax in the sun backdropped by Tower Bridge spanning the River Thames in London. Some companies linked to hospitality and travel in Britain Wednesday July 1, 2020, have announced thousands of more job cuts as the longer term consequences of the COVID-19 pandemic take hold, choosing to slim down now for survival rather than await future potential government handouts.(AP Photo/Matt Dunham, FILE)
July 01, 2020 - 10:10 am
LONDON (AP) — Companies linked to hospitality, travel and retail in Britain have announced thousands of more job cuts as the longer term consequences of the COVID-19 pandemic take hold, choosing to slim down for survival rather than await potential government handouts. The owner of sandwich and...
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July 01, 2020 - 7:37 am
WASHINGTON (AP) — U.S. companies added nearly 2.4 million jobs in June, according to a private survey, a large gain that still leaves total employment far below its pre-pandemic levels. The payroll company ADP said that small businesses reported the biggest increase, adding 937,000 jobs...
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July 01, 2020 - 3:34 am
BERLIN (AP) — Germany's unemployment rate ticked higher in June, official figures showed Wednesday, but the rise was slower than in the previous two months and extensive use of a government-backed short-time work program kept job losses down. The unadjusted jobless rate, the headline rate in...
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A Koran War veteran walks through a sterilizer as a precaution against the new coronavirus while he arrives to attend a ceremony to mark the 70th anniversary of the outbreak of the Korean War in Cheorwon, near the border with North Korea, South Korea, Thursday, June 25, 2020. (AP Photo/Ahn Young-joon)
June 27, 2020 - 9:53 pm
SEOUL, South Korea — South Korea has confirmed 62 additional cases of the coronavirus over a 24-hour period as the Asian country continues to face new clusters of infections amid eased social distancing rules. The additional cases reported Sunday took the country’s total to 12,715, with 282 deaths...
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Rep. Karen Bass, D-Calif., joined by House Speaker Nancy Pelosi of Calif., and other House Democrats spaced for social distancing, speaks during a news conference on the House East Front Steps on Capitol Hill in Washington, Thursday, June 25, 2020, ahead of the House vote on the George Floyd Justice in Policing Act of 2020. (AP Photo/Carolyn Kaster)
June 26, 2020 - 11:05 pm
WASHINGTON (AP) — For a moment, Congress had a chance to act on policing reform, mobilized by a national trauma and overwhelming public support. Now those efforts have stalled and seem unlikely to be revived in an election year. It’s latest example of the ways hyper-partisanship and deepening...
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FILE - In this April 21, 2020, file photo Treasury Secretary Steven Mnuchin speaks about the coronavirus in the James Brady Press Briefing Room of the White House in Washington. The Trump administration has abruptly dropped on Friday, June 19, its insistence on secrecy for a $600 billion-plus coronavirus aid program for small businesses. Mnuchin refused to do so at a Senate hearing last week, saying the data was “proprietary information.” (AP Photo/Alex Brandon, File)
June 26, 2020 - 7:22 pm
WASHINGTON (AP) — After prodding from Democratic lawmakers, the Trump administration has agreed to give Congress — but not the public — complete data on the millions of small businesses that received loans from a $600 billion-plus coronavirus aid program. Senior administration officials told...
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Shoppers, left, head to the entrance as a sign on the outside wall invites customers to shop inside a Best Buy store Wednesday, June 24, 2020 in Richfield, Minn. as restrictions due to the coronavirus have eased in Minnesota. (AP Photo/Jim Mone)
June 26, 2020 - 9:55 am
WASHINGTON (AP) — American consumers increased their spending by a record 8.2% in May, partly erasing huge plunges the previous two months, against the backdrop of an economy that’s likely shrinking by its steepest pace on record this quarter. Last month's rebound in consumer spending followed...
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FILE - In this Oct. 14, 2019, file photo a Bank of America logo is attached to the exterior of the Bank of America Financial Center building in Boston. The Federal Reserve said on Thursday, June 25, 2020, a worst-case scenario for the U.S. economy ravaged by the coronavirus pandemic would cause nation’s 34 largest banks to collectively lose roughly $700 billion. To bolster the banks ahead such a potentially damaging recession, the Fed ordered the banks to suspend stock buybacks and dividend payouts until Sept. 30. (AP Photo/Steven Senne)
June 25, 2020 - 10:38 pm
NEW YORK (AP) — A worst-case scenario for the U.S. economy ravaged by the coronavirus pandemic would cause the nation’s 34 largest banks to collectively lose roughly $700 billion, the Federal Reserve said Thursday. To bolster the banks ahead of such a potentially damaging recession, the Fed ordered...
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A man walks past a retail store that is going out of business due to the coronavirus pandemic in Winnetka, Ill., Tuesday, June 23, 2020. Illinois Gov. J.B Pritzker announced a package of state grant programs that will help support communities and businesses impacted by the COVID-19 pandemic and unrest in the area. (AP Photo/Nam Y. Huh)
June 25, 2020 - 12:50 pm
WASHINGTON (AP) — The number of laid-off workers seeking U.S. unemployment aid barely fell last week, and the reopening of small businesses has leveled off — evidence that the job market's gains may have stalled just as a surge in coronavirus cases is endangering an economic recovery. The...
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The main gate of Coors Field, home of the Major League Baseball team the Colorado Rockies, is locked early Tuesday, June 23, 2020, in Denver. The league is waiting for the players' union to respond Tuesday to whether it will agree to health protocols for a 60-game regular-season slate and if players will report for training camp by July 1. (AP Photo/David Zalubowski)
June 23, 2020 - 10:48 pm
NEW YORK (AP) — Major League Baseball issued a 60-game schedule Tuesday night that will start July 23 or 24 in empty ballparks as the sport tries to push ahead amid the coronavirus following months of acrimony. A dramatically altered season with games full of new rules was the final result of...
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