Where are the workers? Cutoff of jobless aid does not bring them back
Three months after half the states began ending an extra $300-a-week in unemployment pay, there's been no significant influx of job seekers.
Three months after half the states began ending an extra $300-a-week in unemployment pay, there's been no significant influx of job seekers.
US unemployment claims fall to 290,000, a new pandemic low
Unemployment claims in the U.S. reached another pandemic low last week, declining to 290,000.
Unemployment claims in the U.S. reached another pandemic low last week, declining to 290,000.
Treasury official claims inflation part of ‘economy in transition,’ only way out is 100% global vaccination
The comments are the latest in confusing, conflicting messaging on inflation from the Biden administration.
The comments are the latest in confusing, conflicting messaging on inflation from the Biden administration.
Fourth child tax credit payment goes out this week: What parents need to know
Families began receiving the fourth round of payments from the expanded child tax credit Friday.
Families began receiving the fourth round of payments from the expanded child tax credit Friday.
Climate change: US report targets economic risks from extreme weather
A new White House report addresses how the U.S. economy could be affected by climate change, including extreme heat, flooding, storms and wildfires.
A new White House report addresses how the U.S. economy could be affected by climate change, including extreme heat, flooding, storms and wildfires.
Biden signs bill raising nation's debt limit until early December
President Joe Biden has signed into law a bill raising the nation’s debt limit until early December, delaying the prospect of an unprecedented federal default that would cause economic disaster.
President Joe Biden has signed into law a bill raising the nation’s debt limit until early December, delaying the prospect of an unprecedented federal default that would cause economic disaster.
Federal student loan payments to resume soon
Payments must resume and interest rates will be reinstalled on student loans on January 31, 2022, despite many borrowers still being in tight financial situations.
Payments must resume and interest rates will be reinstalled on student loans on January 31, 2022, despite many borrowers still being in tight financial situations.
US unemployment claims fall to lowest level of COVID-19 pandemic
U.S. unemployment claims dropped 36,000 to 293,000 last week, the lowest level since the start of the pandemic, the Labor Department said.
U.S. unemployment claims dropped 36,000 to 293,000 last week, the lowest level since the start of the pandemic, the Labor Department said.
Heating bills set to soar this winter as inflation hits energy prices
Get ready to pay sharply higher bills for heating this winter, along with seemingly everything else.
Get ready to pay sharply higher bills for heating this winter, along with seemingly everything else.
Port of Los Angeles going 24/7 to ease shipping backlog, White House says
The Port of Los Angeles will become a 24-hour, seven-days-a-week operation to help relieve supply chain bottlenecks and move stranded container ships.
The Port of Los Angeles will become a 24-hour, seven-days-a-week operation to help relieve supply chain bottlenecks and move stranded container ships.
Social Security checks to increase by 5.9% in 2022 as inflation jumps
The Social Security COLA amounts to $92 a month for the average retired worker, according to estimates released by the Social Security Administration.
The Social Security COLA amounts to $92 a month for the average retired worker, according to estimates released by the Social Security Administration.
Social security annual cost-of-living set to increase in 2022
Rising inflation is expected to lead to a sizeable increase in Social Security’s annual cost-of-living adjustment, or COLA, for the year 2022.
Rising inflation is expected to lead to a sizeable increase in Social Security’s annual cost-of-living adjustment, or COLA, for the year 2022.
Debt ceiling: House passes short-term increase, sends to Biden
The House approved a short-term debt ceiling increase so President Joe Biden can sign it into law this week.
The House approved a short-term debt ceiling increase so President Joe Biden can sign it into law this week.
Companies hard-pressed for holiday staff despite millions of job openings
Companies that typically hire thousands of seasonal workers are heading into the holidays during one of the tightest job markets in decades, making it unlikely they’ll find all the workers they need.
Companies that typically hire thousands of seasonal workers are heading into the holidays during one of the tightest job markets in decades, making it unlikely they’ll find all the workers they need.
Gas prices on the rise, leaving only 8 states under $3 per gallon
U.S. gas prices across the nation stand at about $3.25 per gallon.
U.S. gas prices across the nation stand at about $3.25 per gallon.
Americans quit jobs at highest rate on record in August, Labor Department says
One reason America’s employers are having trouble filling jobs was starkly illustrated in a report Tuesday: Americans are quitting in droves.
One reason America’s employers are having trouble filling jobs was starkly illustrated in a report Tuesday: Americans are quitting in droves.
Nobel prize for economics awarded to 3 in US for societal research
The 2021 Nobel prize for economics on Monday was awarded to three U.S-based economists for work on so-called “natural experiments.”
The 2021 Nobel prize for economics on Monday was awarded to three U.S-based economists for work on so-called “natural experiments.”
McConnell warns Biden he won’t help vote to raise debt ceiling in December
“I write to inform you that I will not provide such assistance again if your all-Democrat government drifts into another avoidable crisis,” Senate Minority Leader Mitch McConnell wrote in a letter to President Joe Biden on Friday.
“I write to inform you that I will not provide such assistance again if your all-Democrat government drifts into another avoidable crisis,” Senate Minority Leader Mitch McConnell wrote in a letter to President Joe Biden on Friday.
September jobs report: US adds weak 194K jobs as delta maintains hold
U.S. employers added just 194,000 jobs in September, a second straight tepid gain and evidence that the pandemic still has a grip on the economy.
U.S. employers added just 194,000 jobs in September, a second straight tepid gain and evidence that the pandemic still has a grip on the economy.
Senate leaders agree to extend debt ceiling, avoid default
Senate leaders announced an agreement Thursday to extend the government’s borrowing authority into December, temporarily averting an unprecedented federal default that experts say would devastate the economy.
Senate leaders announced an agreement Thursday to extend the government’s borrowing authority into December, temporarily averting an unprecedented federal default that experts say would devastate the economy.