Labor economy

FILE - In this June 4, 2020, file photo Senate Majority Leader Mitch McConnell of Ky., arrives for a Republican luncheon on Capitol Hill in Washington. (AP Photo/Susan Walsh, File)
June 06, 2020 - 2:17 pm
WASHINGTON (AP) — A stronger than expected jobs report could further scramble an already uncertain picture for passing a fifth and possibly final coronavirus aid bill. The positive statistics are feeding the wait-and-see approach of the White House and its GOP allies in Congress. Republicans say...
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FILE - In this Jan. 14, 2020, file photo Democratic presidential candidates former Vice President Joe Biden, takes the stage before a Democratic presidential primary debate hosted by CNN and the Des Moines Register in Des Moines, Iowa. Biden has won the last few delegates he needed to clinch the Democratic nomination for president. (AP Photo/Patrick Semansky, File)
June 06, 2020 - 12:50 pm
BALTIMORE (AP) — It seemed easy to write off Joe Biden. The former vice president came across as easily blindsided at debates. The crowds at his presidential campaign speeches were far from stadium size. Other Democratic candidates such as Bernie Sanders, Elizabeth Warren and Pete Buttigieg each...
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FILE - In this Thursday, March 19, 2020, file photo, a public school employee sanitizes a sink in a bathroom at a U.S. high school. Jobs with state and city governments are usually a source of stability in the U.S. economy, but the financial devastation wrought by the coronavirus pandemic has forced cuts that will reduce public services, from schools to trash pickup. (AP Photo/Charlie Neibergall, File)
June 06, 2020 - 11:19 am
Jobs with state and city governments are usually a source of stability in the U.S. economy, but the financial devastation wrought by the coronavirus pandemic has forced cuts that will reduce public services — from schools to trash pickup. Even as the U.S. added some jobs in May, the number of...
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Benjamin Lund is seen Friday June 5, 2020, in Milwaukee. Lund is a longtime Republican who was raised in a conservative family in the political battleground of Wisconsin, now plans to vote a straight Democratic ticket and rejects any effort by Trump to put a "silver lining" on the nation's pain. (AP Photo/Morry Gash)
June 06, 2020 - 8:37 am
MADISON, Wis. (AP) — At the end of one of his most turbulent weeks in office, President Donald Trump was eager on Friday to boast of a better than expected jobs report to argue the country is poised for a booming recovery. Benjamin Lund was not moved. The 45-year-old Milwaukee man is a longtime...
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In this June 1, 2020, photo President Donald Trump returns to the White House after visiting outside St. John's Church in Washington. (AP Photo/Patrick Semansky, File)
June 06, 2020 - 7:56 am
CHICAGO (AP) — President Donald Trump has always been a big numbers guy. He’s proved adept at taking even the grimmest numbers and giving himself a pat on the back or relying on a creative use of data to make himself look good. But his declaration that an unexpected dip in the unemployment rate...
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President Donald Trump speaks as he signs the Paycheck Protection Program Flexibility Act during a news conference in the Rose Garden of the White House, Friday, June 5, 2020, in Washington. (AP Photo/Evan Vucci)
June 05, 2020 - 9:47 pm
WASHINGTON (AP) — President Donald Trump effectively claimed victory over the economic crisis and COVID-19 on Friday as well as major progress against racial inequality, heartily embracing a better-than-expected jobs report in hopes of convincing a discouraged nation he deserves another four years...
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A Bombardier plant is seen in Montreal on Friday, June 5, 2020. Bombardier Aviation is reducing its workforce by about 2,500 employees due to challenges caused by COVID-19. The company said Friday that it had to make the move because business jet deliveries, industry-wide, are forecast to be down approximately 30% year-over-year due to the pandemic. (Paul Chiasson/The Canadian Press via AP)
June 05, 2020 - 7:42 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the national and global response, the work place and the spread of the virus. ________________________ JOB CONCERNS: — Mall operator CBL & Associates...
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President Donald Trump arrives to speak at a news conference in the Rose Garden of the White House, Friday, June 5, 2020, in Washington. Vice President Mike Pence and Small Business Administration administrator Jovita Carranza are at right. (AP Photo/Evan Vucci)
June 05, 2020 - 5:38 pm
WASHINGTON (AP) — President Donald Trump on Friday declared it was “a great day” for George Floyd as he discussed a strong jobs report for the country and efforts to bring about racial equality. Joe Biden, the likely Democratic presidential nominee, said Trump’s comments about Floyd were “...
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Stylist Kayla Addink arranges items in her workspace Thursday, June 4, 2020, as she prepares for her first day back on the job at the West View Barber Shop when most of southwest Pennsylvania loosens COVID-19 restrictions on Friday in West View, Pa. (AP Photo/Keith Srakocic)
June 05, 2020 - 4:44 pm
WASHINGTON (AP) — U.S. unemployment dropped unexpectedly in May to 13.3% as reopened businesses began recalling millions of workers faster than economists had predicted, triggering a big rally Friday on Wall Street and giving President Donald Trump something to boast about in his reelection bid...
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A woman walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, June 5, 2020. Asian markets are mostly lower after Wall Street rally takes a breather, as investors parse unemployment data. (AP Photo/Eugene Hoshiko)
June 05, 2020 - 4:06 pm
Stocks closed out the week with a bang after a closely watched report on the job market surpised investors by showing that employers added to their payrolls last month, defying predictions they would slash more jobs. The S&P 500 rose 2.6% Friday, its eighth gain in the last 10 trading days...
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