Labor economy

FILE - In this Thursday, April 2, 2020 file photo a sign explains the closure of a shop in the Pike Place Market in Seattle. As the coronavirus outbreak has caused record number of people to seek unemployment benefits Washington state officials said Thursday that impostors have used the stolen information of tens of thousands of people to receive hundreds of millions of dollars in unemployment benefits. (AP Photo/Elaine Thompson,File)
May 21, 2020 - 9:03 pm
OLYMPIA, Wash. (AP) — Impostors have used the stolen information of tens of thousands of people in Washington to fraudulently receive hundreds of millions of dollars in unemployment benefits, the head of the state’s Employment Security Department said Thursday. Commissioner Suzi LeVine said the...
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Senate Majority Leader Mitch McConnell of Ky., wears a face mask to protect against the spread of the new coronavirus as he walks to the Senate chamber after meeting with Vice President Mike Pence and Treasury Secretary Steve Mnuchin on Capitol Hill in Washington, Tuesday, May 19, 2020. (AP Photo/Patrick Semansky)
May 21, 2020 - 5:59 pm
WASHINGTON (AP) — President Donald Trump and Senate Majority Leader Mitch McConnell huddled Thursday at the White House as Republicans stake out new plans to phase out coronavirus-related unemployment benefits to encourage Americans to go back to work. Revamping jobless aid is fast becoming the...
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In this March 18, 2020 photo, Construction continues at a housing plan in Zelienople, Pa., The housing market has stalled, but homebuilder stocks are up sharply amid signs that sales are starting to improve. Still, the outlook for a housing market recovery remains cloudy, given uncertainty over the pandemic's impact. (AP Photo/Keith Srakocic)
May 21, 2020 - 4:32 pm
LOS ANGELES (AP) — The U.S. economy and housing market had set homebuilders up for a strong 2020. That was before the efforts to stem the spread of the coronavirus pandemic knocked the economy into a skid, dimmed consumer confidence and left a record number of Americans unemployed. The housing...
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A woman looks at signs at a store closed due to COVID-19 in Niles, Ill., Wednesday, May 13, 2020. (AP Photo/Nam Y. Huh)
WBEN Newsroom
May 21, 2020 - 1:28 pm
WASHINGTON (AP) — Signs of renewed activity are surfacing across the country as states gradually reopen economies and some businesses call a portion of their laid-off staffers back to work. Yet with millions more Americans seeking unemployment aid last week, the U.S. job market remains as bleak as...
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A foreign reporter who was selected to cover the opening ceremony of the Chinese People's Political Consultative Conference (CPPCC) walks by medical workers after receiving a coronavirus test, at a hotel in Beijing, Thursday, May 21, 2020. This year's version of China's biggest political meeting of the year will be unlike any other. Delayed from March because of the then-spiraling coronavirus outbreak, the decision to go ahead with the gathering signals a partial return to normalcy in the country where the pandemic first broke out. "Partial" being the operative word: The congress will be far from normal. (AP Photo/Andy Wong)
May 20, 2020 - 11:34 pm
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — Japan approves lifting state of emergency in three...
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FILE - In this Wednesday, May 13, 2020, file photo, a worker at SMC China, a Japanese joint venture pneumatic engineering company, assembles products at a factory in Beijing. As job losses surge, China is joining the United States and other governments in rolling out stimulus spending to revive its virus-battered economy. Companies and the public are looking to the meeting of the ceremonial national legislature starting Friday, May 22, 2020 for details. One closely watched indicator: Whether Beijing skips for the first time setting an economic growth target in a sign of how uncertain even the rest of this year is. (AP Photo/Ng Han Guan, File)
May 20, 2020 - 10:19 pm
BEIJING (AP) — As job losses surge, China is joining the United States and other governments in rolling out stimulus spending to revive its virus-battered economy. How much is Beijing ready to spend? Companies and the public are looking to the meeting of the ceremonial national legislature starting...
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A man with a facemask walks past a wall mural in Singapore’s Little India district on Saturday, May 16, 2020. Wearing of facemarks is mandatory for everyone who goes outside their homes to control the spread of the coronavirus in the city state. Singapore has reported more than 27,000 COVID-19 cases, with 90% of the cases linked to foreign workers dormitories, but it has a low fatality rate of 21 deaths. (AP Photo/YK Chan)
May 20, 2020 - 12:31 am
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — UN Secretary-General warns virus pandemic threatens...
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Manager Rob Lambert wears a face mask as he cuts Justin Ludwig's hair at Crows Nest Barbershop, in Vancouver, on Tuesday, May 19, 2020. British Columbia began phase two of the reopening of its economy Tuesday, allowing certain businesses that were ordered closed due to COVID-19 to open their doors to customers if new health and safety regulations are followed. (Darryl Dyck/The Canadian Press via AP)
May 19, 2020 - 7:34 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to national and global response, the work place and the spread of the virus. ________________________ SLOW TURNAROUND: United Airlines said it is seeing a “...
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In this March 3, 2020 file photo Federal Reserve Chair Jerome Powell speaks during a news conference in Washington. Powell is pledging to reveal the names and other details of the entities that borrow from the emergency programs the central bank has set up to offset the economic hit from the viral outbreak. In prepared testimony for a Tuesday, May 19, 2020 congressional hearing, Powell says the central bank will disclose the amounts borrowed and the interest rates it levies under its programs to provide credit for large corporations, state and local governments, and medium-sized businesses. (AP Photo/Jacquelyn Martin, file)
May 19, 2020 - 4:13 pm
WASHINGTON (AP) — Facing the gravest U.S. economic crisis in decades, Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell offered Congress contrasting views Tuesday of what the government's most urgent priority should be. Striking a theme frequently pushed by President Donald...
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A woman relaxes in a park with her dog near a large sign, in London, Tuesday, May 19, 2020, after the introduction of measures to bring the country out of lockdown amid the coronavirus pandemic. (AP Photo/Kirsty Wigglesworth)
May 19, 2020 - 1:06 pm
LONDON (AP) — An influential group of British lawmakers on Tuesday accused Prime Minister Boris Johnson’s government of failing to conduct enough tests for the new coronavirus, saying the lapse helped COVID-19 cut a deadly swath through U.K. nursing homes. As official statistics revealed more than...
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