Latest Employment figures News

House Speaker Nancy Pelosi, of Calif., speaks during her weekly briefing, Friday, Dec. 4, 2020, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)

COVID-19 relief: What's on the table as Congress seeks deal

Dec. 5, 2020 12:08 AM EST

WASHINGTON (AP) — After numerous fits and starts and months of inaction, optimism is finally building in Washington for a COVID-19 aid bill that would offer relief for businesses, the unemployed, schools, and health care providers, among others struggling as caseloads are spiking. Under pressure from...

President-elect Joe Biden speaks about jobs at The Queen theater, Friday, Dec. 4, 2020, in Wilmington, Del. (AP Photo/Andrew Harnik)

The Latest: Female lawmakers want Flournoy as defense chief

Dec. 4, 2020 8:05 PM EST

WASHINGTON (AP) — The Latest on President-elect Joe Biden (all times local): 8:05 p.m. More than a half dozen Democratic congresswomen have sent an open letter to President-elect Joe Biden urging him to make Michèle Flournoy the country's first female defense secretary. They say in the letter dated...

FILE- In this March 31, 2020 file photo, members of the Connecticut Air and Army National Guard unload hospital supplies referred to as

The Latest: Conn. extends pandemic jobless benefit to 38,000

Dec. 4, 2020 7:26 PM EST

HARTFORD, Conn. — Connecticut Gov. Ned Lamont has signed an order allowing the state Department of Labor to expand eligibility for a federal pandemic unemployment program to an estimated 38,000 people who were previously disqualified. Under Friday’s order, $7.5 million from the state’s...

House Speaker Nancy Pelosi, of Calif., speaks during her weekly briefing, Friday, Dec. 4, 2020, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)

COVID-19 relief: What's on the table as Congress seeks deal

Dec. 4, 2020 7:03 PM EST

WASHINGTON (AP) — After numerous fits and starts and months of inaction, optimism is finally building in Washington for a COVID-19 aid bill that would offer relief for businesses, the unemployed, schools, and health care providers, among others struggling as caseloads are spiking. Under pressure from...

President-elect Joe Biden speaks about jobs at The Queen theater, Friday, Dec. 4, 2020, in Wilmington, Del. (AP Photo/Andrew Harnik)

Biden predicts 'bleak future' if Congress doesn't act on aid

Dec. 4, 2020 5:10 PM EST

WILMINGTON, Del. (AP) — President-elect Joe Biden is predicting a “bleak future” if Congress doesn't take speedy action on a coronavirus aid bill amid a nationwide spike in the virus that's hampering the country's economic recovery. He also expressed concern that so far he’s seen...

How major US stock indexes fared Friday

Dec. 4, 2020 5:01 PM EST

Stocks returned to record highs on Wall Street Friday as traders took a discouraging jobs report as a sign that Congress may finally move on delivering more aid for the pandemic-stricken economy. The major U.S. stock indexes each set new highs. In another bullish signal, small-company stocks, which stand to...

The New York Stock Exchange is seen in New York, Monday, Nov. 23, 2020.  U.S. stocks are ticking higher and heading back toward record highs on Friday, Dec. 4, despite discouraging data detailing how much damage the deepening pandemic is doing to the job market.  (AP Photo/Seth Wenig)

More record highs for stocks as hopes grow for economic aid

Dec. 4, 2020 4:49 PM EST

Wall Street closed out a solid week for stocks Friday with more record highs as traders took a discouraging jobs report as a sign that Congress will finally move to deliver more aid for the pandemic-stricken economy. The S&P 500 rose 0.9%, notching its third all-time high this week. The Dow Jones Industrial...

Agnes Makokha, 45, of Columbus, Ohio, stands outside her apartment Friday, December 4, 2020. Makokha is among millions of Americans at risk of losing unemployment benefits come Dec. 26.  She lost her job in December and due to hiring freezes in place since the pandemic began, has been unable to find employment.  (AP Photo/Farnoush Amiri)

Gripped by surging pandemic, US employers cut back on hiring

Dec. 4, 2020 4:20 PM EST

WASHINGTON (AP) — With the viral pandemic accelerating across the country, America’s employers sharply scaled back their hiring last month, adding 245,000 jobs, the fewest since April and the fifth straight monthly slowdown. At the same time, the unemployment rate fell to a still-high 6.7%, from...

FILE - In this Nov. 30, 2020, file photo, shoppers walk in a rainstorm through New York's Times Square. The job market is slowing down as the fall surge in the virus puts severe strain on the economy and health care system. (AP Photo/Mark Lennihan)

VIRUS TODAY: States face deadline to place vaccine order

Dec. 4, 2020 3:18 PM EST

Here's what's happening Friday with the coronavirus pandemic in the U.S.: THREE THINGS TO KNOW TODAY — The job market is slowing down as the fall surge in the virus puts severe strain on the economy and health care system. Employers added 245,000 jobs in November, the fewest since the pandemic's dark days...

FILE - This May 7, 2020, file photo shows a man wearing a mask while walking under a Now Hiring sign at a CVS Pharmacy during the coronavirus outbreak in San Francisco.  Friday, Dec. 4, monthly U.S. jobs report will help answer a key question hanging over the economy: Just how much damage is being caused by the resurgent coronavirus, the resulting restrictions on businesses and the reluctance of consumers to shop, travel and dine out?  (AP Photo/Jeff Chiu, File)

EXPLAINER: 5 key takeaways from the November jobs report

Dec. 4, 2020 2:57 PM EST

WASHINGTON (AP) — Evidence was abundant in the November jobs report that the U.S. economy's tentative recovery is sputtering as coronavirus cases accelerate and federal aid runs out. Hiring slowed sharply. Hundreds of thousands of people gave up looking for work. The proportion of the unemployed who have...