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Christopher Rugaber

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U.S. layoffs remain elevated as 898K seek jobless aid

WASHINGTON (AP) – The number of Americans seeking unemployment benefits rose last week to 898,000, a historically high number and evidence that layoffs remain...
U.S. JOBLESS CLAIMS totaled 840,000, last week . / AP FILE PHOTO/GENE J. PUSKAR

U.S. layoffs remain elevated as 840,000 seek jobless aid

WASHINGTON (AP) – The number of Americans seeking unemployment benefits fell slightly last week to a still-high 840,000, evidence that job cuts remain elevated...
FED CHAIR Jerome Powell said that the economy's recovery from the COVID-19 pandemic may falter without further aid in a speech to the National Association for Business Economics. / AP FILE PHOTO/BILL O'LEARY/THE WASHINGTON POST

Fed’s Powell: Lack of further stimulus imperils recovery

WASHINGTON (AP) – Strong financial support from the government and the Federal Reserve have spurred a solid recovery from the pandemic recession, but the...

U.S. hiring slows for 3rd month but jobless rate falls to...

WASHINGTON (AP) – America’s employers added 661,000 jobs in September, the third straight month of slower hiring and evidence from the final jobs report...

U.S. layoffs remain elevated as 837,000 seek jobless aid

WASHINGTON (AP) – The number of Americans seeking unemployment benefits declined last week to a still-high 837,000, evidence that the economy is struggling to...

U.S. jobless claims at 870,000 as fraud and backlogs cloud data

WASHINGTON (AP) – The number of people seeking United States unemployment aid rose slightly last week to 870,000, a historically high figure that shows...

Federal Reserve sees rates near zero at least through 2023

WASHINGTON (AP) – The Federal Reserve expects to keep its benchmark interest rate pegged near zero at least through 2023 as it strives to...

U.S. layoffs remain elevated as 884,000 seek jobless aid

WASHINGTON (AP) – The number of Americans applying for unemployment benefits was unchanged last week at 884,000, a sign that layoffs are stuck at...
THE U.S. UNEMPLOYMENT RATE declined to 8.4% in August. / AP FILE PHOTO/GENE J. PUSKAR

U.S. unemployment rate falls to 8.4% even as hiring slows

WASHINGTON (AP) – The United States unemployment rate fell sharply in August to 8.4% from 10.2% even as hiring slowed, with employers adding the...

U.S. retail sales regain pre-virus pace but slowdown is likely

WASHINGTON (AP) – Americans increased their retail purchases by 1.2% in July, with solid gains in appliances and clothing, restoring sales to their level...

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