WASHINGTON (AP) – The coronavirus recession hit fast and violently. Now, with the U.S. economy still five months later in the grip of the outbreak, the recovery looks fit and uneven – and painfully slow. The latest evidence came Thursday, when the government reported that the number of workers applying …
Read More »US weekly unemployment claims jump back above 1 million
The number of people filing for unemployment benefits last week was higher than expected, raising concerns about the state of the economy as lawmakers struggle to move forward on a new coronavirus incentive package. The Department of Labor said initial unemployment claims for the week ending August 15 came to …
Read More »Canadian Finance Minister Bill Morneau takes Amid Rift off with Trudeau
South Dakota rejects Trump’s widespread unemployment
South Dakota Gov. Kristi Noem, one of President Trump’s closest allies, has rejected the additional unemployment benefits delivered by an executive measure of Mr. Trump. The executive measure provided an additional $ 300 in unemployment benefits per week, but it required states to kick in another $ 100. In a …
Read More »South Dakota rejects Trump’s widespread unemployment
South Dakota Gov. Kristi Noem, one of President Trump’s closest allies, has rejected the additional unemployment benefits delivered by an executive measure of Mr. Trump. The executive measure provided an additional $ 300 in unemployment benefits per week, but it required states to kick in another $ 100. In a …
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