Barely more than a year after the coronavirus caused the steepest economic fall and job losses on record, the speed of the rebound has been so unexpectedly swift that many companies can’t fill jobs or acquire enough supplies to meet a pent-up burst of customer demand.
The number of Americans seeking unemployment benefits fell last week to 473,000, a new pandemic low and the latest evidence that fewer employers are cutting jobs as consumers ramp up spending and more businesses reopen.
The number of Americans seeking unemployment aid fell last week to 498,000, the lowest point since the viral pandemic struck 14 months ago and a sign of the job market’s growing strength as businesses reopen and consumers step up spending.
The number of Americans applying for unemployment benefits dropped by 13,000 last week to 553,000, the lowest level since the pandemic hit last March and another sign the economy is recovering from the coronavirus recession.
The number of Americans applying for unemployment aid fell last week to 547,000, a new low since the pandemic struck and a further encouraging sign that layoffs are slowing on the strength of an improving job market.
The number of Americans applying for unemployment benefits fell sharply last week to 576,000, a hopeful sign that layoffs are easing as the economy recovers from the pandemic recession.
The number of Americans applying for unemployment benefits rose last week to 744,000, signaling that many employers are still cutting jobs.
The Treasury Department says it has issued more than 156 million payments as part of President Joe Biden’s coronavirus relief plan.
America’s employers unleashed a burst of hiring in March, adding 916,000 jobs in a sign that a sustained recovery from the pandemic recession is taking hold.
The number of Americans applying for unemployment benefits rose by 61,000 last week to 719,000, signaling that many employers are still cutting jobs even as more businesses reopen, vaccines are increasingly administered and federal aid spreads through the economy.
Jim Moore is the owner of Moore’s Barbershop in Arlington, Virginia. The business closed for two months – in April and May – of 2020. They were able to reopen in June with safety protocols in place.
If one looks at the data for American wages in 2020, which shows that they grew historically fast, this fact may seem to be cause for celebration. But a closer look at the data paints yet another picture of stark inequality and of the "K-shaped recovery."
Millions of U.S. households are facing heavy past-due utility bills, which have escalated in the year since the pandemic forced Americans hunkered down at home to consume more power.
10 Democratic lawmakers sent a letter to President Joe Biden urging him to include additional stimulus payments in an upcoming $3 trillion infrastructure package.
In a Monday virtual news conference, Maryland Senator Chris Van Hollen announced Montgomery County is slated to receive nearly $204 million in American Rescue Plan Act funding.
When Tracie and Myles Albert purchased a beautiful four-bedroom house in Riverside, California they never realized that at the end of escrow the seller would suddenly refuse to give up the keys and leave.
Officials from the IRS and U.S. Treasury said Monday the next batch of COVID-19 stimulus payments will start hitting bank accounts later this week. Mailed checks will start going out as well.
Some businesses struggled to access loans through the program, a key coronavirus rescue fund
The IRS has agreed to not seize some Americans' stimulus check to offset outstanding federal tax debts, according to an agency watchdog.
Mayor Muriel Bowser announced several changes to coronavirus restrictions Monday, including an extension to hours restaurants can sell alcohol on site.