More temporary layoffs and furloughs are likely to become permanent job cuts, economists say, prolonging the labor market’s recovery
Author: Paul Davidson, USA TODAY
COVID-19, political fights raise the question: Could the dollar lose its global status?
The \weakening of the U.S. dollar has sparked concerns among some economists about whether it will remain the world’s reserve currency
920K workers likely filed unemployment claims as COVID-19 outbreaks ease in some states
920K workers likely filed jobless claims last week as layoffs measure is expected to dip further below 1 million. COVID-19 surges eased in some states
Americans are sitting on record cash savings amid pandemic and uncertain economy
Americans have been saving record amounts of money amid economic shutdowns and generous federal stimulus checks. When will they spend it?
Americans are sitting on record cash savings amid pandemic and uncertain economy
Americans have been saving record amounts of money amid economic shutdowns and generous federal stimulus checks. When will they spend it?
1.8M jobs added in July, unemployment falls to 10.2% as some states halt reopening, others throttle back
The economy added 1.8M jobs in July, unemployment fell to 10.2% as some states reopen economies, others pull back
Layoffs: 1.2M workers file for unemployment amid COVID-19 spikes, pushing total in crisis above 55M
Another 1.2M workers sought unemployment benefits — a measure of layoffs — last week, pushing the total in the crisis above 55 million
As some states reopen, others shutter amid outbreaks, forecasting July payrolls is guessing game
With some states reopening and others closing again, forecasting whether the U.S. gained or lost lots of jobs in July has become a guessing game
Worried about another slump, many firms hire temporary workers instead of permanent staffers
Many businesses are hiring temporary workers and contractors because they can be easily let go if the economy turns south again
Layoffs: 1.4M more workers likely filed jobless claims as states pull back on reopenings
Another 1.4 million workers likely filed initial unemployment claims, indicating layoffs have persisted as states pause or roll back reopening plans.