The underlying strength of the economy will come into sharper focus Thursday morning, when the government reports the latest
The coronavirus pandemic’s toll on the nation’s economy became emphatically clearer Thursday as the government detailed the most devastating three-month collapse on record, which wiped away nearly five years of growth.
Gross domestic product, the broadest measure of goods and services produced, fell 9.5 percent in the second quarter of
Shortages of safety gear and staff. Workers who may inadvertently be carriers. A disease that preys on older people with underlying health conditions. There are many reasons the coronavirus has hit nursing homes so hard.
Add the design of the buildings to the list.
With shared resident rooms off long
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 underscores the speed and depth of the labor
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 has been released so far, offering