unemployment - Page 8

ORLANDO, Fla. — Squeezed by limits on attendance at its theme parks and other restrictions due to the pandemic, The Walt Disney Co. said Tuesday it planned to lay off 28,000 workers in its parks division in California and Florida.

A small improvement, slightly bettter than expeced, in new claims for unemployment benefits.

Back in June the Fed’s median forecast was for the economy to shrink 6.5 percent. Now it sees only a 3.7 percent contraction.

A handful of House Republicans, and two House Democrats, are circulating a plan asking the State Department to widen the H-2B visa program that brings tens of thousands of low-skilled foreign workers to the United States every year. 

The U.S. economy outperformed most of Europe and Japan in the most recent quarter.

The racial gap in unemployment narrowed during Trump’s presidency to its lowest level ever.

Tens of millions of Americans remain jobless, but all want full-time jobs, mostly as a result of economic shutdowns spurred by the Chinese coronavirus crisis, new unemployment data shows. 

Economists had forecast an addition of around 1.32 million jobs and a decline in the unemployment rate to 9.8 percent.

Jobless claims were expected to fall to 958,000.

The ADP number has been wildly offbase in recent months but it tends to get the direction of employment growth right.

The unemployment rate across the 19 countries that use the euro currency rose modestly to 7.9% in July, official figures showed Tuesday.

President Donald Trump spoke to the American people about his record with African-Americans and minorities on Thursday as he took part in the fourth and final night of the Republican National Convention (RNC).

A few months before mass joblessness hit the United States, spurred by the Chinese coronavirus crisis, a number of House and Senate Republicans lobbied the Department of Homeland Security (DHS) to import more foreign workers to take blue-collar jobs.

Another one million U.S. workers have filed for new unemployment benefits, the Labor Department said in its weekly report Thursday.

Only a Biden administration would consider shutting down the American economy again.
“I would shut it down,” Biden said in an interview aired Sunday night on ABC, before adding the weasel words, “I would listen to scientists.”

On Thursday’s “PBS NewsHour,” House Speaker Nancy Pelosi (D-CA) reacted to the proposal that some House Democrats have expressed support for to extend enhanced unemployment benefits, by stating that while she supports the unemployment benefit stabilization that the proposal does,

Giant tech corporations have joined a Chamber of Commerce lawsuit that seeks to overturn President Trump’s executive order halting visa programs to prioritize unemployed Americans for scarcely available jobs.

Hispanic and middle-income Americans are the strongest supports of Trump’s executive actions.

LONDON (AP) — The number of people in employment in the UK fell by 220,000 in the three months after the country was put into lockdown as a result of the coronavirus pandemic, official figures showed Tuesday.

Americans of all races are sharing the pain of the pandemic and the benefits of the rebound.

On Friday’s broadcast of “PBS NewsHour,” White House Economic Adviser Larry Kudlow said that the White House is taking a look at issuing executive orders on evictions, a payroll tax cut student loans, extending unemployment benefits, “and possibly added benefits

A sign that the labor market may have strengthened at the end of July.

LONDON (AP) – The Bank of England left its benchmark interest rate at a record low of 0.1 per cent on Thursday as it expressed caution about how rapidly the United Kingdom’s economy will recover from the Covid-19 pandemic.

On Wednesday’s broadcast of CNN’s “Situation Room,” White House Chief of Staff Mark Meadows said that “it has been mostly the president and Republicans that have been making the concessions” in negotiations on the next round of coronavirus relief, and

During an interview with Gray Television on Tuesday, President Trump stated that he wants people receiving unemployment benefits to continue to get $600 a week in enhanced unemployment benefits and stated that for people who are on unemployment, “it’s not

President Donald Trump should instruct Secretary of the Treasury Steven Mnuchin to withhold the salaries of members of Congress until they can pass a bill determining the extension of federal unemployment benefits to millions of Americans.

On Monday’s broadcast of “CNN Newsroom,” House Speaker Nancy Pelosi (D-CA) stated that she is not willing to negotiate on the $600 federal unemployment benefit amount during the current coronavirus economic relief package negotiations and that she wouldn’t support decreasing

Former Vice President Joe Biden said Thursday that the U.S. economy needed “concerned, thoughtful, and sustained leadership” — though he did not explain what, exactly, that meant.

On Tuesday’s broadcast of CNN’s “New Day,” House Majority Leader Steny Hoyer (D-MD) stated that there is “some validity” to arguments that the $600 unemployment benefit disincentivizes people from returning to work and stated that Democrats do not have a position

The labor force participation rate among working class, native-born American men has hit a 20-year low, research shows. 

This is a unique situation in which a very difficult political problem actually has a tech fix that can be directed by the White House alone.

A key measure supporting household incomes during the pandemic’s mass unemployment will be preserved but reduced in the next relief bill.

U.S. weekly jobless claims jumped higher in mid-July.

Working class Americans are experiencing a higher level of unemployment than middle class and white-collar professionals — showing no signs of a labor shortage — new analysis finds. 

The Chamber of Commerce has filed a lawsuit against President Trump, demanding the 300,000 businesses it represents be allowed to import foreign workers while more than 26 million Americans remain jobless. 

An overwhelming majority of economists in a recent survey said that it was a lack of jobs keeping down employment, not enhanced unemployment benefits.