Christopher Rugaber

Government, Business

Fed to Weigh Further Options for Aiding US Economy

Jerome Powell Federal Reserve Chairman Jerome Powell testifies before a House Financial Services Committee hearing on Capitol Hill on Dec. 2. (Greg Nash/Pool via AP)

WASHINGTON — The Federal Reserve’s policymakers face an unusual conundrum as they meet this week: a short-term economic outlook that is worsening even while the longer-term picture is brightening thanks to the emergence of coronavirus vaccines

Christopher Rugaber | Associated Press
December 14, 2020
Government, Business

Number Seeking US Jobless Aid Drops to Lowest Since March

A sign is seen outside an employment center in Arlington Heights, Ill., on Nov. 5. A sign is seen outside an employment center in Arlington Heights, Ill., on Nov. 5. (Nam Y. Huh/Associated Press)

The number of people seeking U.S. unemployment benefits fell last week to 709,000, a still-high level but the lowest figure since March and a further sign that the job market might be slowly healing.

Christopher Rugaber | Associated Press
November 12, 2020
Government, Business

Layoffs Remain Elevated as 898,000 Seek Jobless Aid

Economy Nam Y. Huh/Associated Press

WASHINGTON — The number of Americans seeking unemployment benefits rose the week of Oct. 5 to 898,000, a historically high number and evidence that layoffs remain a hindrance to the economy’s recovery from the pandemic recession that erupted seven months ago.

Christopher Rugaber | Associated Press
October 15, 2020
Government, Business

US Layoffs Remain Elevated as 840,000 Seek Jobless Aid

Information signs are displayed at a closed Illinois work center on June 11. (Nam Y. Huh/Associated Press)

The number of Americans seeking unemployment benefits fell slightly last week to a still-high 840,000, evidence that job cuts remain elevated seven months into the pandemic recession.

Christopher Rugaber | Associated Press
October 8, 2020
Government, Business

US Layoffs Remain Elevated as 837,000 Seek Jobless Aid

A closed sign hangs in the window of a barber shop in Burbank, Calif., on July 18. A closed sign hangs in the window of a barber shop in Burbank, Calif., on July 18. (Marcio Jose Sanchez/Associated Press)

The number of Americans seeking unemployment benefits declined last week to a still-high 837,000, evidence that the economy is struggling to sustain a tentative recovery that began this summer.

Christopher Rugaber | Associated Press
October 1, 2020
Government, Business

US Adds 1.8 Million Jobs in Sign That Hiring Has Weakened

A sign advertises hiring of temporary associates at a Pier 1 store in Florida. A sign advertises hiring of temporary associates at a Pier 1 store in Florida on Aug. 6. (Lynne Sladky/Associated Press)

The United States added 1.8 million jobs in July, a pullback from the gains of May and June and evidence that the resurgent coronavirus is weakening hiring and the economic rebound.

Christopher Rugaber | Associated Press
August 7, 2020
Government, Business

Fed Sees Dim Economic Outlook as Virus Squeezes Economy

Jerome Powell Jerome Powell by Andrew Harrer/Bloomberg News

WASHINGTON — The Federal Reserve expressed concern July 29 that the viral outbreak will act as a drag on the economy and hiring in the coming months and said it plans to keep its benchmark short-term interest rate pegged near zero.

Christopher Rugaber | Associated Press
July 29, 2020
Government, Business

1.4 Million Seek Jobless Aid, First Increase Since March

Events workers who were forced out of work because of the pandemic marched July 21 in Salt Lake City. Events workers who were forced out of work because of the pandemic marched July 21 in Salt Lake City. (Rick Bowmer/Associated Press)

The number of laid-off Americans seeking unemployment benefits rose last week for the first time since the pandemic struck in March, evidence of the deepening economic pain the outbreak is causing to the economy.

Christopher Rugaber | Associated Press
July 23, 2020
Government, Business

Number of Laid-Off Workers Seeking Jobless Aid Stuck at 1.3 Million

Job seekers wait to be called into the Heartland Workforce Solutions office in Omaha, Neb., on July 15. Job seekers wait to be called into the Heartland Workforce Solutions office in Omaha, Neb., on July 15. (Nati Harnik/Associated Press)

The number of laid-off workers seeking unemployment benefits remained stuck at 1.3 million last week, a historically high level that indicates many companies are still cutting jobs as the viral outbreak intensifies.

Christopher Rugaber | Associated Press
July 16, 2020
Government, Business

Layoffs Stuck at High Level as 1.3 Million Seek Jobless Aid

Empty United Airlines ticket machines are shown at the Tampa International Airport on April 24. Empty United Airlines ticket machines are shown at the Tampa International Airport on April 24. The company warned this week it may layoff 36,000 employees after federal aid expires in the fall. (Chris O'Meara/Associated Press)

More than 1.3 million Americans applied for unemployment benefits last week, a historically high pace that shows that many employers are still laying people off in the face of a resurgent coronavirus.

Christopher Rugaber | Associated Press
July 9, 2020

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