Senate to Begin Deliberations on Latest COVID-19 Relief Bill
The $1.9 trillion relief bill was passed by the House over the weekend.
Unemployment Claims Jump
“This reminds us that the economic crisis has not gone away, far from it, at a time when multiple crises have been vying for our attention.”
U.S. Loses 140,000 Jobs Amid New Lockdowns
The December jobs report shows "the economy’s not just tapping on the brakes, but actually has been thrown into reverse."
U.S. Employers Add 638,000 Jobs in October
“We're only half dug out of our hole, and each month's pace of jobs growth has been slower than the last since July."
U.S. Job Gains Slow to 661,000 in September
“The pace of jobs recovery apparent in today’s report suggests that we will be counting the employment recovery in years, not months or quarters."
Fed Survey: Household Finances Improve, Uncertainty Remains
Overall, at least 77% of adults said they were at least “doing OK” in July, up from 72% in April.
Unemployment Dips to 8.4%, Job Gains Slow
The slowing job growth is “a warning that the recovery could go into reverse this fall without further government support.”
U.S. Job Gains Slow to 1.8M in July
"The downturn was so big — the hole that was dug was so deep — that it will still take probably at least a couple of years to dig ourselves out."
Another 1.3M Americans File for Unemployment
“Firms anticipate holding their employment levels roughly constant over the second half of 2020 and then ramping up hiring in 2021.”
Infectious Economy: The Quiz
The COVID-19 pandemic threw the U.S. economy into a tailspin. Take our quiz to see how much you recall about the first months of the outbreak.
May Jobs Report Much Stronger Than Expected
The U.S. unemployment rate fell to 13.3% in May as states reopened.