Labor economy

Passersby walk past a business storefront with store closing and sale signs, Wednesday, Sept. 2, 2020, in Dedham, Mass. The number of people seeking U.S. unemployment aid rose slightly to 870,000, a historically high figure that shows that the viral pandemic is still squeezing restaurants, airlines, hotels and many other businesses six months after it first erupted. (AP Photo/Steven Senne)
September 24, 2020 - 4:11 pm
WASHINGTON (AP) — Many American workers applying for unemployment benefits after being thrown out of a job by the coronavirus face a new complication: States' efforts to prevent fraud have delayed or disrupted their payments. California has said it will stop processing new applications for two...
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Treasury Secretary Steve Mnuchin testifies during the Senate's Committee on Banking, Housing, and Urban Affairs hearing examining the quarterly CARES Act report to Congress on Capitol Hill, Wednesday, Sept. 24, 2020, in Washington. (Toni L. Sandys/The Washington Post via AP, Pool)
September 24, 2020 - 2:23 pm
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell said Thursday that the government’s top priorities in any new economic relief package should be to provide affordable loans to small businesses and further support for millions of Americans still...
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Commuters at Waterloo Station, in London, Thursday, Sept. 24, 2020, after Britain's Prime Minister Boris Johnson announced a range of new restrictions to combat the rise in coronavirus cases in England. (Victoria Jones/PA via AP)
September 24, 2020 - 1:01 pm
LONDON (AP) — Britain’s treasury chief announced a new income support program Thursday for workers hurt by the coronavirus pandemic, as the government races to prevent widespread layoffs when earlier employer subsidies end next month. Chancellor Rishi Sunak, in a speech to lawmakers, unveiled his...
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FILE - Terence Blanchard poses for a portrait at the 91st Academy Awards Nominees Luncheon on Feb. 4, 2019, in Beverly Hills, Calif. The Metropolitan Opera will skip an entire season for the first time in its nearly 140-year history due to the novel coronavirus and intends to start the 2021-22 season with Terence Blanchard's "Fire Shut Up in My Bones" in the first work of a Black composer presented by the company. (Photo by Chris Pizzello/Invision/AP, File)
September 23, 2020 - 5:28 pm
NEW YORK (AP) — The Metropolitan Opera will skip an entire season for the first time in its nearly 140-year history and intends to return from the pandemic layoff next September with the company’s first presentation of a Black composer, Terence Blanchard’s “Fire Shut Up in My Bones.” This season...
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Federal Reserve Chair Jerome Powell testifies during a House Select Subcommittee on the Coronavirus Crisis hearing on Capitol Hill in Washington on Wednesday, Sept. 23, 2020. (Kevin Dietsch/Pool via AP)
September 23, 2020 - 1:54 pm
WASHINGTON (AP) — Chairman Jerome Powell on Wednesday defended the Federal Reserve's efforts to support the economy during the pandemic-induced recession from assertions that its programs bungled aspects of its response. A House subcommittee released a staff analysis that found that a program in...
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September 23, 2020 - 6:59 am
GENEVA (AP) — The U.N. labor agency warned Wednesday that the coronavirus pandemic has led to a massive drop in income for workers around the world and of rising inequality between rich countries that have injected government cash into their economies and poorer countries that can’t. In a report...
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FILE - This Nov. 4, 2019, file photo shows cargo cranes at the Port of Tacoma in Tacoma, Wash. U.S lawmakers are pushing for a ban on exports from an area of northwest China following a report that found widespread use of forced labor. (AP Photo/Ted S. Warren, File)
September 22, 2020 - 5:23 pm
WASHINGTON (AP) — A bipartisan bill aimed at keeping goods out of the U.S. that are made with the forced labor of detained ethnic minorities in China passed overwhelmingly Tuesday in the House of Representatives despite concerns about the potential effects on global commerce. The House voted 406-3...
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Federal Reserve Chair Jerome Powell testifies during a House Financial Services Committee hearing about the government’s emergency aid to the economy in response to the coronavirus on Capitol Hill in Washington on Tuesday, Sept. 22, 2020. (Caroline Brehman/Pool via AP)
September 22, 2020 - 12:05 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin expressed cautious optimism Tuesday that the U.S. economy is rebounding from the pandemic-induced recession with federal support but that more help from the government is likely needed. Powell told the...
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FILE - In this Jan. 3, 2020 file photo, the Wall St. street sign is framed by American flags flying outside the New York Stock Exchange in New York. Stocks are falling early on Wall Street Thursday, Sept. 17, as the late selling from the previous day carries over. (AP Photo/Mary Altaffer, File)
September 21, 2020 - 2:56 pm
WASHINGTON (AP) — Americans' household wealth rebounded last quarter to a record high as the stock market quickly recovered from a pandemic-induced plunge in March. Yet the gains flowed mainly to the most affluent households even as tens of millions of people endured job losses and shrunken incomes...
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The crescent moon sets behind the Commerzbank building in Frankfurt, Germany, late Saturday, Sept. 19, 2020. (AP Photo/Michael Probst)
September 20, 2020 - 9:44 am
BERLIN (AP) — Public sector workers in Germany will start staging short-term warning strikes after the latest round of wage negotiations failed to produce an agreement, their union said Sunday. The Ver.di union, which represents around 2.3 million federal and local employees, said strikes will...
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