by mujair | May 19, 2020 | Business & Finance News
The U.S. economy faces irreparable damage from the fallout of the coronavirus pandemic, the nation’s top economic policymakers warned lawmakers on Tuesday, as the Congress and the White House grapple with how to restart business activity and how much additional...
by mujair | May 19, 2020 | Business & Finance News
Matthew Henderson couldn’t be entering the job market at a worse time. As a senior at Loyola University, he spent the spring semester interning as a trade policy analyst at the British Consulate in Chicago. But his chances of turning that opportunity into a permanent...
by mujair | May 17, 2020 | Business & Finance News
Jerome H. Powell, the Federal Reserve chairman, said that while he expected the United States economy to recover from the sharp and painful downturn brought about by the coronavirus, that process would take time — potentially until the end of 2021. “This economy will...
by mujair | May 8, 2020 | Business & Finance News
U.S. employment hit 14.7% in April, with 20.5 million unemployed. The Labor Department said Friday that the economy shed more than 20.5 million jobs in April, sending the unemployment rate to 14.7 percent — devastation unseen since the Great Depression. The report...
by mujair | May 8, 2020 | Business & Finance News
We’re about to learn more about how devastating the pandemic has been for American workers. Even by the standards of the coronavirus pandemic, Friday’s report on employment in the United States will be staggering. It will also be far more illuminating than data that...
