Tag Archives: economy

A projected increase in U.S. job growth for June may not last

WASHINGTON (AP) – American employers likely re-hired several million more workers in June, thus reducing the unemployment rate to the depression level, but the most up-to-date data suggests that a resurgent coronavirus will limit more earnings. Economists have forecast that businesses, governments and nonprofits added 3 million jobs, a record, …

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Record US job growth expected in June, but hides weak job market

WASHINGTON (Reuters) – The U.S. economy likely created jobs at a record pace in June as more restaurants and bars resumed operations, offering further evidence that the COVID-19 recession is likely to have ended, albeit a surge. in coronavirus cases it threatens incipient recovery. FILE PHOTO: People line up outside …

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