Paul Wiseman

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US jobless claims up to 744K as virus still forces layoffs

WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose last week to 744,000, signaling that many employers are still cutting jobs even as more people are vaccinated against COVID-19,...

US jobless claims rise to 770,000 with layoffs still high

WASHINGTON (AP) — The number of Americans seeking unemployment benefits rose last week to 770,000, a sign that layoffs remain high even as much of the U.S. economy is steadily recovering from...

EXPLAINER: 5 key takeaways from the February jobs report

WASHINGTON (AP) — America’s job market delivered a burst of strength in February. It lifted hopes that the rollout of viral vaccines, the distribution of federal aid and the increasing willingness and...

Biden's $15 wage proposal: Job killer or a boon for workers?

1 of 7 Cristian Cardona, an employee at a McDonald's, attends a rally for a $15 an hour minimum wage Tuesday, Feb. 16, 2021, in Orlando, Fla. (AP Photo/John Raoux)...

EXPLAINER: 5 key takeaways from the January jobs report

WASHINGTON (AP) — The struggles that have afflicted the American job market since the viral pandemic tore through the economy nearly a year ago are keeping a tight lid on hiring. The...

U.S. trade deficit rises to 12-year high $679 billion

WASHINGTON (AP) — The U.S. trade deficit rose 17.7% last year to $679 billion, highest since 2008, as the coronavirus disrupted global commerce and confounded then-President Donald Trump’s attempts to rebalance America’s...

For GameStop day traders, the moment they've dreamed about

WASHINGTON (AP) — They’ve endured a financial crisis. Two deep recessions. Mounds of student debt. Stagnant pay. Costly health care. Dim job prospects. They’ve seen the uber-rich grow richer while a pandemic...

US jobless claims drop; still at 847,000 as pandemic rages

WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell but remained at a historically high 847,000 last week, a sign that layoffs keep coming as the coronavirus pandemic continues...

Paul Wiseman

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