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Labor economy
July 31, 2020
Trump, GOP soften on opposition to $600 jobless benefit
The White House and its GOP allies appear to be retreating from their opposition to a $600-per-week supplemental unemployment ...
July 31, 2020
Trump offers, Democrats reject fix for $600 jobless benefit
With aid expiring, the White House offered a short-term extension Thursday of a $600 weekly unemployment benefit that has ...
July 31, 2020
Wages and benefits grow at slowest pace in 3 years
Wages and benefits for U.S. workers rose at the slowest pace in three years in the April-June quarter, a sign that businesses ...
July 30, 2020
1.4 million seek jobless aid as virus surges in South, West
More than 1.4 million laid-off Americans applied for unemployment benefits last week, further evidence of the devastation the ...
July 29, 2020
Democrats, GOP far apart on virus aid; Trump wants a deal
A day of shuttle diplomacy on Capitol Hill over a coronavirus aid package produced few results Tuesday, with stark ...
July 28, 2020
Mnuchin, Pelosi talk virus relief; GOP slashes jobless aid
Unemployment assistance, eviction protections and other relief for millions of Americans are at stake as White House ...
July 27, 2020
White House pushes narrow virus aid; Pelosi blasts GOP delay
House Speaker Nancy Pelosi on Sunday assailed Republican “disarray” over a new pandemic relief package as the White House ...
July 26, 2020
South Africa warns COVID-19 corruption puts 'lives at risk'
South Africa’s COVID-19 response is marred by corruption allegations around its historic $26 billion economic relief package, ...
July 25, 2020
No virus bill yet: White House, GOP at odds over jobless aid
Negotiations over a new COVID-19 rescue bill were in flux Friday after the White House floated cutting an unemployment ...
July 25, 2020
Extra unemployment aid expires as virus threatens new states
As public health officials warned Friday that the coronavirus posed new risks to parts of the Midwest and South, enhanced ...
July 24, 2020
Jobless claims rise as cutoff of extra $600 benefit nears
The nation got another dose of bad economic news Thursday as the number of laid-off workers seeking jobless benefits rose for ...
July 23, 2020
White House, GOP agree on virus testing in new aid bill
Senate Republicans and the White House reached tentative agreement for more testing funds in the next COVID-19 relief ...
July 22, 2020
GOP splits as virus aid package could swell past $1 trillion
The price tag for the next COVID-19 aid package could quickly swell above $1 trillion as White House officials negotiate with ...
July 22, 2020
US sanctions Chinese companies over Muslim abuse complaints
China said Tuesday it would take unspecified “necessary measures" after the U.S. government imposed trade sanctions on 11 ...
July 22, 2020
Biden unveils caregiver plan, says Trump 'quit' on country
Joe Biden offered a massive plan on Tuesday to create 3 million jobs and improve care for children and the elderly as he ...
July 21, 2020
LinkedIn laying off nearly 1,000 amid hiring slowdown
LinkedIn is laying off nearly 1,000 employees, approximately 6% of its workforce globally, with unemployment in the U.S.
July 20, 2020
To survive financial storm of virus, states turn to Congress
State governments trying to weather the financial storm brought on by the coronavirus are borrowing billions of dollars and ...
July 18, 2020
Mnuchin urges swift aid bill; ex-Fed chairs want bigger deal
Treasury Secretary Steven Mnuchin urged Congress Friday to quickly enact a new pandemic relief package targeting hardest-hit ...
July 18, 2020
Stress rises for unemployed as extra $600 benefit nears end
A major source of income for roughly 30 million unemployed people is set to end, threatening their ability to meet rent and ...
July 18, 2020
IMF: U.S. economy will drop 6.6% in 2020 in face of pandemic
The International Monetary Fund predicted Friday that the U.S. economy will shrink 6.6% this year, pounded by the coronavirus ...
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