December Jobs Report: Recovery Goes Into Reverse - The New York Times
U.S. employment fell by 140,000 in December as virus cases surged. Leisure and hospitality businesses were hit hard, but some industries showed growth.
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U.S. employment fell by 140,000 in December as virus cases surged. Leisure and hospitality businesses were hit hard, but some industries showed growth.
If you’ve been following the latest financial news, it might look like the U.S.’s longest economic expansion ever is nearing its untimely end. Markets are in turmoil, Global Central Banks cutting interest rates, and officials are rushing to contain the spread of a deadly coronavirus that’s already infected more than 100,000 people. The yield on the 10-year Treasury plunged to its lowest ever. Meanwhile, global firms are having to alter their supply chains as quarantines shut down factories. Why predicting recessions is difficult At the beginning of 2020, a rapidly spreading contagion wa...
billion proposal during a speech on the economy wednesday in cleveland. expected to be the first in a series of measures obama will propose this fall as the administration looks to jump- start an economy that the president himself has says is not growing fast enough. we want to find out what you think about this proposal for business tax credit. the numbers -- if you want to send us a message electronically, twitter is c- span-wj and you can also send us an e-mail and that address is journal c-span.org. and we will give you the telephone numbers again. we were having some technical p...