Unemployment rate drops to 13.3% in May, signaling return of US jobs
Economists surveyed by Refinitiv expected the report to show that unemployment rose to 19.8 percent in May.
Some jobs lost to coronavirus are gone for good, despite reopening
As the the coronavirus and now protests across the U.S. have shed new light on economic inequalities, some experts say it’s time to rethink work, wages and health benefits.
White House considers up to $1T for next coronavirus aid package: Report
Senate Majority Leader Mitch McConnell has told Trump officials behind closed doors that another round of fiscal stimulus from Congress could be just under $1 trillion.
US jobs beginning to return from coronavirus shutdown. Which industries are hiring?
Hiring has resumed in some of the hardest-hit industries as states start to reopen.
US unemployment could be under 10% by end of year: Labor Secretary
The U.S. unemployment rate surged to 14.7 percent in April.
Over 1.87M Americans filed for unemployment last week as states ease coronavirus restrictions
The number of job losses is beginning to slow as states reopen their economies
Which 5 countries own the most US debt?
The national debt is about $25 trillion
Coronavirus relief money went to companies that dodged US taxes, report finds
At least 428 public companies received forgivable loans totaling more than $1.36 billion from the program
One-quarter of Americans would increase risk of coronavirus exposure to shorten economic recovery
Respondents largely agreed that reopening nonessential businesses was the most important policy.
Next coronavirus relief bill could include changes to unemployment benefits, Hassett says
More than 40 million Americans have lost their jobs as a result of the coronavirus-induced economic shutdown, a rate unseen since the Great Depression.
US private sector lost 2.7M jobs in May
The coronavirus pandemic has devastated the nation's economy and labor market.
White House mulls more coronavirus relief: Here's what it could include
So far, Congress has passed four massive stimulus packages totaling nearly $3 trillion to blunt the economic pain from the virus outbreak.
What is the US deficit?
The Treasury Department plans to borrow $2.9 trillion from April through June to cover the government's response to the outbreak of the virus.
What is the US national debt, and how does it affect the economy?
The federal government regularly spends more than it collects, adding billions to the national debt.
US jobs market shows early signs of coronavirus recovery, Goldman says
Although Goldman economists initially expected unemployment to reach a high of 25 percent in June, real-time numbers suggested it actually peaked in May at about 21.5 percent.
Spa chain secured $5.6M in coronavirus relief for small businesses despite losses last year
Last year, the company suffered a $20.5 million net loss, ending the year with just $2.1 million in cash on hand
Private jet company tapped coronavirus relief funds, shared subsidy benefits with wealthy clients: Report
Congress created the $610 billion program to keep small businesses afloat during the coronavirus pandemic.
Powell: Fed is 'days away' from making first loans through Main Street lending facility
Businesses with up to 15,000 employees and $5 billion in revenue can apply for financing through the $600 billion Main Street Lending Program.
Kudlow says White House wants a back-to-work bonus for unemployed Americans
Kudlow said the sweetened unemployment benefits are deterring some Americans from returning to work
Who is Richmond Fed President Thomas Barkin?
In his role as leader of the Richmond Fed, Barkin, 59, is responsible for the bank's monetary policy, bank supervision and regulation and payment services.