Labor economy

Shoppers walk in and out of a Meijer store for grocery shopping during the coronavirus outbreak as they wear masks and gloves in Arlington Heights, Ill., Thursday, April 9, 2020. (AP Photo/Nam Y. Huh)
April 09, 2020 - 3:50 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to the global economy, the work place and the spread of the virus. ___________________ GLOBAL SHOCK: There is no place on earth inhabited by humans that is...
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FILE - In this Wednesday, March 18, 2020 file photo, Visitors to the Department of Labor are turned away at the door by personnel due to closures over coronavirus concerns in New York. Americans are seeking unemployment benefits at unprecedented levels due to the coronavirus, but many are finding more frustration than relief. (AP Photo/John Minchillo, File)
April 09, 2020 - 9:56 am
WASHINGTON (AP) — With a startling 6.6 million people seeking unemployment benefits last week, the United States has reached a grim landmark: More than one in 10 workers have lost their jobs in just the past three weeks to the coronavirus outbreak. The figures collectively constitute the largest...
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FILE - In this March 10, 2020 file photo, Treasury Secretary Steven Mnuchin listens as President Donald Trump talks to reporters about coronavirus after meeting with Republican lawmakers on Capitol Hill in Washington. Trump has been telling voters that the U.S. economy will leap back to life “like a rocket,” stronger than ever after its bout with the coronavirus. But there is a reason economics is called the “dismal science.” There are emerging signs that any recovery will fail to match the speed and severity of the economic collapse that occurred in just a few weeks. (AP Photo/Evan Vucci)
April 09, 2020 - 8:06 am
BALTIMORE (AP) — President Donald Trump has been telling voters that the U.S. economy will leap back to life “like a rocket,” stronger than ever after its bout with the coronavirus. But there is a reason economics is called the “dismal science.” There are emerging signs that any recovery will fail...
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A sign advertising for jobs sits along the roadside outside a FedEx location in Zionsville, Ind., Thursday, April 2, 2020. More than 6.6 million Americans applied for unemployment benefits the week of March 23, far exceeding a record high set just last week, a sign that layoffs are accelerating in the midst of the coronavirus. (AP Photo/Michael Conroy)
April 09, 2020 - 5:52 am
WASHINGTON (AP) — The government is set to report another shocking level of unemployment claims Thursday even after nearly 10 million people applied for benefits in the previous two weeks because of business shutdowns from the coronavirus. The number will likely keep increasing, in part because...
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FILE - In this Dc. 18, 2017 file photo, former Los Angeles Laker Kobe Bryant talks during a news conference in Los Angeles. Bryant and fellow NBA greats Tim Duncan and Kevin Garnett headlined a nine-person group announced Saturday, April 4, 2020, as this year’s class of enshrinees into the Naismith Memorial Basketball Hall of Fame. They all got into the Hall in their first year of eligibility, as did WNBA great Tamika Catchings. Two-time NBA champion coach Rudy Tomjanovich, longtime Baylor women’s coach Kim Mulkey, 1,000-game winner Barbara Stevens of Bentley and three-time Final Four coach Eddie Sutton were selected. So was former FIBA Secretary General Patrick Baumann. (AP Photo/Chris Carlson, File)
April 08, 2020 - 10:07 pm
The Latest on the effects of the coronavirus outbreak on sports around the world: ___ Los Angeles Lakers general manager Rob Pelinka is drawing inspiration from his friendship with Kobe Bryant as he navigates the coronavirus pandemic. Pelinka was Bryant’s longtime agent before he took over the...
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Big Ben's clock tower and the London Eye ferris wheel stand in the distance as the area around Royal Festival Hall is very quiet in London, Wednesday, April 8, 2020. The new coronavirus causes mild or moderate symptoms for most people, but for some, especially older adults and people with existing health problems, it can cause more severe illness or death. (AP Photo/Matt Dunham)
April 08, 2020 - 6:47 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to the global economy, the work place and the spread of the virus. ___________________ PAYCHECKS STOP: Companies are in survival mode, which means tens of...
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Customers wear face masks as they line up to enter a supermarket keeping social distancing following the government's measures to help stop the spread of the coronavirus, in Tel Aviv, Israel, Tuesday, April 7, 2020. Israeli Prime Minister Benjamin Netanyahu announced Monday a complete lockdown over the upcoming Passover holiday to control the country's coronavirus outbreak, but offered citizens some hope by saying he expects to lift widespread restrictions after the week-long festival. (AP Photo/Oded Balilty)
April 07, 2020 - 10:30 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to the global economy, the work place and the spread of the virus. ___________ CUSTOMERS FIRST: The pandemic is sapping trillions from the economy and the...
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A normally student filled campus square at Millsaps College in Jackson, Miss., is deserted in face of the coronavirus, as the liberal arts school, like many others, faces financial and enrollment challenges Friday, April 3, 2020. At present, the school has switched to on-line teaching. Colleges across the nation are scrambling to close deep budget holes and some have been pushed to the brink of collapse after the coronavirus outbreak triggered a series of financial losses (AP Photo/Rogelio V. Solis)
April 07, 2020 - 5:17 am
Colleges across the nation are scrambling to close deep budget holes and some have been pushed to the brink of collapse after the coronavirus outbreak triggered financial losses that could total more than $100 million at some institutions. Scores of colleges say they’re taking heavy hits as they...
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FILE - In this April 4, 2020, file photo, pedestrians pass closed stores on Roosevelt Avenue in the Queens borough of New York. The coronavirus crisis is upending service businesses, and the crisis may permanently change the way Americans work, shop and socialize, even after the disease fades away. (AP Photo/Frank Franklin II, File)
April 06, 2020 - 3:22 pm
WASHINGTON (AP) — For years, personal trainer Amanda Tikalsky didn’t have to worry much about her job. The U.S. economy’s record-breaking 11-year expansion offered security to service workers like her. Then came the coronavirus, which closed the Milwaukee athletic club where she worked for 15 years...
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In this Thursday, April 2, 2020 photo, an oil rig lights up the horizon on the outskirts of Midland, Texas after a late sunset. (Odessa American/Eli Hartman)
April 05, 2020 - 11:06 pm
NEW YORK (AP) — In Montana, a father and son running a small oil business are cutting their salaries in half. In New Mexico, an oil truck driver who supports his family just went a week without pay. And in Alaska, lawmakers have had to dip into the state's savings as oil revenue dries up. The...
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