Coronavirus
US Initial Jobless Claims Decline for Sixth Consecutive Week
A vendor prepares cotton candy at a food stand in Myrtle Beach, S.C. (Micah Green/Bloomberg News)
Applications for U.S. state unemployment insurance fell for a sixth straight week, consistent with further improvement in the labor market and robust economic growth.
June 10, 2021Economists Brace for Another Volatile Monthly Jobs Report
An employee wearing a protective mask assists customers at a department store in Georgia. (Dustin Chambers/Bloomberg News)
Economists, blindsided by a major miss in April’s U.S. employment report, are now ready for any number of surprises.
June 3, 2021Jobless Claims Dip Below 400,000 for First Time in Pandemic
Employees sew fabric at a facility in Hickory, N.C. (Logan Cyrus/Bloomberg News)
Applications for U.S. state unemployment insurance dipped below 400,000 for the first time during the pandemic as hiring accelerates and the economy strengthens heading into the summer months.
June 3, 2021GOP Offers $928B on Infrastructure, Funded With COVID Aid
Sen. Shelley Moore Capito speaks at the Capitol on May 27. (J. Scott Applewhite/Associated Press)
Republican senators outlined a $928 billion infrastructure proposal May 27 that would tap unused coronavirus aid, a counteroffer to President Joe Biden’s more sweeping plan as the two sides struggle to negotiate a bipartisan compromise and remain far apart on how to pay for the massive spending.
May 27, 2021US Jobless Claims Fall Again to New Pandemic Low
A workers puts down a table cloth at a restaurant in San Francisco. (David Paul Morris/Bloomberg News)
Applications for U.S. state unemployment insurance fell for a fourth consecutive week as more Americans get vaccinated and businesses reopen to eager customers.
May 27, 2021US Consumer Confidence Falls as Job, Income Prospects Ebb
Shoppers wearing protective masks carry bags in Walnut Creek, Calif., in April. (Bloomberg News)
U.S. consumer confidence fell slightly in May for the first time this year as Americans were less optimistic about future job and income prospects but at the same time remain upbeat about current conditions.
May 25, 2021Roads Busy Again After Pandemic Bring Risk, Experts Say
After lighter traffic at the height of the COVID-19 pandemic, cars are returning to the roads. (fstop123/Getty Images)
The nationwide lockdowns brought on by the pandemic cleared the roads of many passenger vehicles and helped truckers keep goods moving. However, as passenger cars gradually return, industry experts are considering how those pandemic-era roads affected safety and how drivers will respond once they start getting crowded again.
May 20, 2021Initial Jobless Claims Decline to New Pandemic Low
A construction worker walks on the Frederick Douglass Memorial Bridge in Washington. (Al Drago/Bloomberg News)
Applications for U.S. state unemployment insurance fell last week to a fresh pandemic low, signaling steady improvement in the job market as remaining business restrictions are lifted.
May 20, 2021US Jobless Claims Fall More Than Forecast in Week Ended May 8
A sushi chef works inside a restaurant in Los Angeles. (Bing Guan/Bloomberg News)
Applications for U.S. state unemployment insurance fell to a fresh pandemic low last week as business confidence strengthens and employers seek to fill more positions left open by restrictions.
May 13, 2021Job Growth Softens, Misses Estimates
Steven Senne/Associated Press
U.S. job growth unexpectedly softened in April from the prior month, suggesting that difficulty attracting workers is slowing momentum in the labor market.
May 7, 2021