People are worried that labor strife, oil shocks, and the Fed could lead to an economic disaster — here"s why they"re wrong
The U.S. National Archives/Flickr There are several apparent links between the state of the US economy now and in the 1970s, like an oil-supply shock, increased labor activity, and higher gold prices. This has led to worries that .....»»
New Poll Shows Most U.S. Voters Think Man-Made Climate Change Is Real
Many are worried about the Black Friday government climate change report that predicted economic disaster. A new Politico/Morning Consult poll found that 58% of people think scientists are right, and Donald Trump is wrong, that huma.....»»
Economic Preview: Businesses are hiring and layoffs are falling, but jobs aren’t returning all at once
"Now hiring" signs are popping up everywhere, more people are finding jobs and unemployment is falling ---but the U.S. labor market is not going to heal overnight......»»
Elon Musk"s Austin gains may mean pain for others
Austin workforce and economic development leaders applaud Elon Musk's prediction of needing 10,000-plus people in Central Texas for Tesla by the end of next year, but some are worried the local talent pool won't come close to meeting the company's goal......»»
Economic Report: Hiring sank in December to cap off worst year for U.S. labor market since 2009
Businesses sharply cut back on the number of people they hired at the end of 2020, a new survey shows, with most of the decline at restaurants, hotels and other companies hurt most by the coronavirus. The U.S. lost a net 5.5 million jobs in 2020......»»
Moms, particularly Black moms, are bearing the brunt of job losses during the pandemic, setting back efforts to climb the economic ladder
“Sometimes I will be sleeping and wake up to think, What did we do wrong?” said Marie Lourdie Pierre-Jacques, who lost her job at Swissotel in October. Women, though 47% of the U.S. labor force last year, accounted for 55% of 20.....»»
Economic Report: Jobless claims dip below 800,000, but layoffs still high after coronavirus spike
New applications for state unemployment benefits fell slightly around Christmas and dipped below 800,000 for the first time in a month, but the record coronavirus outbreak is still weighing heavily on the labor market and throwing more people out of work......»»
3 million Americans filed jobless claims last week, pushing eight-week total to 36.5 million
Roughly 3 million people filed for unemployment benefits last week, the Labor Department reported on Thursday, as the coronavirus pandemic continued to unleash widespread economic havoc on an already depleted U.S. workforce......»»
De Blasio picks wife to lead economic restart plan
tapped the city's brain trust from labor, government and real estate, as well as his own wife, to come together to reopen New York's economy with a focus on fixing inequality. " we="" have="" to=""... To view the full story, click the title link......»»
Unemployment claims grow by 6.6 million as economic pain mounts
More than 6.6 million people filed new claims for unemployment benefits last week, the Labor Department said Thursday, setting a grim record for the second straight week......»»
Unemployment claims grow by 6.6 Million as economic pain mounts
More than 6.6 million people filed new claims for unemployment benefits last week, the Labor Department said Thursday, setting a grim record for the second straight week......»»
The economic crisis from the coronavirus could lead to "disaster socialism" that briefly extends basic social benefits other countries already have
Evan Vucci/AP The full economic toll from the coronavirus won't be known for months, but low-income Americans are most at risk. "Because of that vulnerability, it means they'll feel the impact first and prob.....»»
Worried about the Corona beer virus? Don’t be
Most people around the world have been hearing about the coronavirus that originated from China, but apparently, some people are hearing things a bit wrong.... The post Worried about the Corona beer virus? Don’t be appeared first on ValueWalk......»»
Travel, tech stocks lead Wall St. lower as China virus fears mount
U.S. stocks fell more than 1% on Monday as investors worried about the economic fallout of the fast-spreading coronavirus outbreak in China that has prompted the country to extend the Lunar New Year holidays and businesses to close some operations......»»
What HBO"s "Chernobyl" gets right (and wrong) about the world"s worst nuclear power plant accident
HBO The HBO series "Chernobyl" gets plenty of things right about the nuclear power plant disaster that most likely exposed hundreds of thousands of people to radiation. But to adapt the story for television, the "Chernobyl" writer and producer C.....»»
Economic Report: U.S. jobless claims fall to nearly 5-month low of 204,000 around Labor Day holiday
The number of people who applied for unemployment benefits around Labor Day fell sharply to a nearly five-month low of 204,000, an extremely low reading that was likely exaggerated by the holiday and possibly Hurricane Dorian......»»
Economic Report: Jobless claims fall to 209,000 in early August and signal labor market is still strong
The number of people who applied for unemployment benefits in early August fell back near post 2008 recession lows, signaling the labor market remains quite strong even though the economy has softened. Initial jobless claims dropped by 8,000 to 209,000......»»
Economic Report: U.S. jobless claims drop to 3-month low of 209,000 — July 4 holiday played a part
The number of people who applied for unemployment benefits last week fell to the lowest level in more than three months, a decline likely exaggerated by July 4 holiday but that still reflects the strongest labor market in decades......»»
Economic Report: U.S. jobless claims drop to 3-month low of 209,000 around July 4 holiday
The number of people who applied for unemployment benefits last week fell to the lowest level in more than three months, a decline likely exaggerated by July 4 holiday but that still reflects the strongest labor market in decades......»»
Economic Report: Chink in labor market armor? Jobless claims climb to 7-week high of 227,000
The number of people who applied for unemploym.....»»
Economic Report: U.S. jobless claims fall to 216,000 — no sign layoffs are on the rise
The number of people who applied for unemployment benefits in mid-June fell to a one-month low and clung near the lowest level in decades, a sign the labor market remains robust even after a slowdown in hiring and softer economic growth......»»