Labor economy

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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A cyclist rides his bike along Waterloo Bridge, in London, Monday, May 18, 2020. Large areas of London are to be closed to cars and vans to allow people to walk and cycle safely as the coronavirus lockdown is eased, including Waterloo Bridge and London Bridge. (AP Photo/Alberto Pezzali)
May 19, 2020 - 11:36 am
LONDON (AP) — Unemployment claims in Britain jumped by a record amount in April to their highest level since the 1990s, underscoring the impact the COVID-19 pandemic is having on the economy despite government programs to keep workers on payrolls. Treasury chief Rishi Sunak downplayed the chances...
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FILE - In this April 28, 2020 file photo President Donald Trump, along with Jovita Carranza, administrator of the Small Business Administration, and Treasury Secretary Steven Mnuchin listen during an event about the Paycheck Protection Program used to support small businesses during the coronavirus outbreak, in the East Room of the White House in Washington. The Small Business Administration is shouldering a massive relief effort for the nation’s small businesses and their workers left reeling by the pandemic. The agency has committed to auditing every sizable emergency loan it approves. But six weeks after the $600 billion-plus program was launched, the agency has yet to make public the recipients of taxpayer aid. (AP Photo/Evan Vucci)
May 19, 2020 - 10:47 am
WASHINGTON (AP) — A small, overlooked federal agency is shouldering a massive relief effort for the nation’s small businesses and their workers left reeling by the pandemic. The Small Business Administration has committed to auditing every sizable emergency loan it approves. But six weeks after the...
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A construction crew loads dirt on a building site, Monday, May 18, 2020 in East Greenwich, N.J. (AP Photo/Matt Slocum)
May 19, 2020 - 9:30 am
WASHINGTON (AP) — U.S. home building plunged in April to the lowest level in five years, taken down by the economic fallout from the coronavirus pandemic. The Commerce Department said Tuesday that ground breakings plummeted 30.2% last month to a seasonally adjusted annual rate of 891,000. That is...
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FILE - In this April 28, 2020 file photo President Donald Trump, along with Jovita Carranza, administrator of the Small Business Administration, and Treasury Secretary Steven Mnuchin listen during an event about the Paycheck Protection Program used to support small businesses during the coronavirus outbreak, in the East Room of the White House in Washington. The Small Business Administration is shouldering a massive relief effort for the nation’s small businesses and their workers left reeling by the pandemic. The agency has committed to auditing every sizable emergency loan it approves. But six weeks after the $600 billion-plus program was launched, the agency has yet to make public the recipients of taxpayer aid. (AP Photo/Evan Vucci)
May 18, 2020 - 10:04 pm
WASHINGTON (AP) — A small, overlooked federal agency is shouldering a massive relief effort for the nation’s small businesses and their workers left reeling by the pandemic. The Small Business Administration has committed to auditing every sizable emergency loan it approves. But six weeks after the...
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A man takes a picture next the ancient Parthenon temple at the Acropolis hill of Athens, on Monday, May 18, 2020. Greece reopened the Acropolis in Athens and other ancient sites Monday, along with high schools, shopping malls, and mainland travel in the latest round of easing pandemic restrictions imposed in late March. (AP Photo/Petros Giannakouris)
May 18, 2020 - 9:47 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: — Cautious Scotland moves toward easing restrictions...
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University of California at Berkeley graduate Tyler Lyson stands in front of Sather Gate on the closed Cal campus in Berkeley, Calif., on Monday, May 11, 2020. For the Class of 2020, the future looks grim. The pandemic has shattered the economy and the high hopes of graduates who, until recently, seemed all but assured of success. (AP Photo/Ben Margot)
May 17, 2020 - 11:07 pm
Tyler Lyson watched his parents’ financial collapse in the Great Recession, a decade ago. He vowed he’d find the security they never had: He would get a college degree. The 27-year-old won a full scholarship to the University of California-Berkeley and, on Monday, will become the first in his...
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A worker pushed s trash can on a largely empty Bourbon Street, due to the coronavirus pandemic, in the French Quarter of New Orleans, Tuesday, May 12, 2020. Attempts to curb the spread of COVID-19 have visited a kind of triple economic whammy on the state. (AP Photo/Gerald Herbert)
May 17, 2020 - 8:58 am
NEW ORLEANS (AP) — Every Labor Day weekend, St. Mary Parish celebrates two industries at a tourist event with a seemingly improbable title: the Louisiana Shrimp and Petroleum Festival. With a shrimp in a hard hat clinging to an oil derrick as its logo, the festival may the best example of how...
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A child plays on a grid in the San Agustin neighborhood of Caracas, Venezuela, Saturday, May 16, 2020. President Nicolas Maduro is relaxing quarantine measures over the weekend by allowing children and older adults out of their homes for a few hours each day. (AP Photo/Matias Delacroix)
May 17, 2020 - 12:12 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: — California resident who attended church on Mother's...
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