Economics

Companies in June continued to bring workers back from their pandemic furlough as the national economy slowly came back to life. Private payrolls grew by 2.369 million for the month, a bit lower than the […]

The percentage of Americans who are employed sits at just over 50%, according to the Bureau of Labor Statistics’ employment-population ratio. The figure plunged to 51.3% in April (the lowest level on record) and edged […]

Facebook watched as $56 billion was wiped off its market value on Friday after a slew of major advertisers said they would be boycotting the social network. The platform’s stock price plunged by more than […]

Jobless claims totaled 1.48 million last week as unemployment related to the coronavirus pandemic remained stubbornly high, though those receiving benefits fell below 20 million for the first time in two months. Economists surveyed by […]

Although the US economy has shown signs of improvement in recent weeks as lockdown restrictions have eased, millions of Americans are still seeking unemployment. Another 1.5 million workers filed for first-time jobless benefits last week […]

Mall employee Glenby Ramirez, right, wipes down the escalator handrail while shoppers pass by as South Coast Plaza reopens, requiring customers maintain a social distance and wear face masks at South Coast Plaza Thursday, June […]

(Bloomberg) — What looked last week like a blip in the global stock recovery turned into a sharp selloff Monday morning, as virus-case numbers from Beijing to Florida fueled concerns of a second wave of […]

WASHINGTON (AP) — About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, evidence that many Americans are still losing their jobs even as the economy appears to be slowly recovering with more […]

The coronavirus pandemic is splintering the world economy, and policy makers can’t risk a premature withdrawal of lifelines to businesses and the most vulnerable people, the OECD warned. It made the grim assessment as it […]

Flextronics International Apple factory employees work on Apple Mac Pro computer assembly in Austin, TX, November 20, 2019. Tom Brenner | Reuters Job openings through the first full month of the coronavirus pandemic reached their […]