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Labor economy

Virus closes some meat plants, raising fears of shortages

Some massive meat processing plants have closed at least temporarily because their workers were sickened by the new ...

New York virus deaths rise fast, but hospitalizations slow

New York COVID-19-related deaths jumped yet again by more than 700 in a day, while hospitals battling the outbreak reported ...

US job losses surge as world leaders urge Easter distancing

A staggering 16.8 million Americans lost their jobs in just three weeks, a measure of how fast the coronavirus has brought ...

US economy unlikely to recover as rapidly as it collapsed

President Donald Trump has been telling voters that the U.S. economy will leap back to life “like a rocket,” stronger than ...

Jobless claims report Thursday could hit 7 million or higher

The government is set to report another shocking level of unemployment claims Thursday even after nearly 10 million people ...

Mexico loses almost 350,000 jobs because of coronavirus

Mexico’s Labor Department said Wednesday the country has lost 346,748 jobs since mid-March due to the economic impact of the ...

Financial hits pile up for colleges as some fight to survive

Colleges across the nation are scrambling to close deep budget holes and some have been pushed to the brink of collapse after ...

Chaos and scrambling in the US oil patch as prices plummet

In Montana, a father and son running a small oil business are cutting their salaries in half. In New Mexico, an oil truck ...

Shares rebound on glimmers of progress in battling virus

Asian shares and U.S. futures rebounded on Monday as investors grasped at threads of hope that the battle against the ...

Mexico: More social spending, no business bailout for virus

Mexican President Andrés Manuel López Obrador said Sunday there will be no huge economic stimulus program as the country ...

A mounting casualty of coronavirus crisis: Health care jobs

Tens of thousands of medical workers across the United States are suddenly out of work as operating rooms and doctor's ...

State unemployment systems tested by surge of applicants

Americans are seeking unemployment benefits at unprecedented levels due to the coronavirus, but many are finding more ...

Jobs report Friday is expected to end record hiring streak

After a record 113 straight months of hiring, the government's monthly jobs report Friday is expected to show that the ...

Chinese struggle to return to work as virus controls ease

After two months in locked-down Wuhan, Wei Lei was eager to get back to work on a railway construction site. Instead, the ...

'We need help': Economic, health crises grow as cases top 1M

The coronavirus outbreak has thrown 10 million Americans out of work in just two weeks in the swiftest, most stunning ...

Record jobless claims but Dems, GOP divide over rescue bill

Fresh data on Thursday that detailed a record avalanche of unemployment claims offered no signs of easing the rift between ...

Q&A: How to get aid for a small business hit by virus crisis

Millions of small business owners will be turning to the government, seeking help for an individual and nationwide cataclysm, ...

Apply here: How to spend $2.2 trillion — and rescue economy

President Donald Trump aims to shovel $2.2 trillion into the U.S. economy over the next few weeks to try to cushion its free ...

Asian stocks mixed as economic toll of virus worsens

Asian stocks were mixed Thursday after a White House warning that as many as 240,000 Americans might die of the coronavirus ...

April 1, rent's due: Many struggle to pay in virus outbreak

It's the first of the month, and everybody knows the rent's due. For millions of Americans, Wednesday is the first time the ...