Labor economy

President-elect Joe Biden, accompanied by Vice President-elect Kamala Harris, speaks about economic recovery at The Queen theater, Monday, Nov. 16, 2020, in Wilmington, Del. (AP Photo/Andrew Harnik)
SKY News
November 17, 2020 - 12:17 am
WILMINGTON, Del. (AP) — President-elect Joe Biden warned of dire consequences if President Donald Trump and his administration continue to refuse to coordinate with his transition team on the coronavirus pandemic and block briefings on national security, policy issues and vaccine plans. The remarks...
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Pres. Donald Trump returns to White House after hospital stay with virus
Getty Images
SKY News
October 07, 2020 - 5:27 am
President Donald Trump on Tuesday called an abrupt end to negotiations with Democrats over additional COVID-19 relief, delaying action until after the election. Trump’s move came amid warnings from his Federal Reserve chairman about deteriorating conditions in the economy. Trump tweeted that House...
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The White House is seen in Washington, early Tuesday, Oct. 6, 2020, the morning after President Donald Trump returned from the hospital where he was treated for COVID-19. Traffic moves along K Street NW as TV crews set up in Black Lives Matter Plaza. (AP Photo/J. Scott Applewhite)
SKY News
October 06, 2020 - 10:51 pm
WASHINGTON (AP) — President Donald Trump on Tuesday called an abrupt end to negotiations with Democrats over additional COVID-19 relief, delaying action until after the election despite ominous warnings from his own Federal Reserve chairman about the deteriorating conditions in the economy. Trump...
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FILE - In this July 18, 2020 file photo a closed sign hangs in the window of a barber shop in Burbank, Calif. California's unemployment rate has fallen to 11.4% in August. The Employment Development Department says the state added 101,900 jobs in August. Most of those were government jobs, including temporary positions for the U.S. Census. California lost more than 2.6 million jobs in March and April because of the coronavirus. (AP Photo/Marcio Jose Sanchez, File)
SKY News
September 24, 2020 - 10:23 am
WASHINGTON (AP) — The number of people seeking U.S. unemployment aid rose slightly last week to 870,000, a historically high figure that shows that the viral pandemic is still squeezing restaurants, airlines, hotels and many other businesses six months after it first erupted. The figure coincides...
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Senate Majority Leader Mitch McConnell of Ky., center, approaches the microphones accompanied by, from left, Sen. Roy Blunt, R-Mo., Sen. John Thune, R-S.D., Sen. John Barrasso, R-Wyo., and Sen. Todd Young, R-Ind., at the start of a news conference, Wednesday, Sept. 9, 2020, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
SKY News
September 10, 2020 - 11:01 am
WASHINGTON (AP) — A scaled-back GOP coronavirus rescue package appears certain to fail in a Senate test vote Thursday as the bipartisan spirit that powered earlier relief bills has given way to election-season political combat and name-calling. The vote is likely to end hopes for coronavirus relief...
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FILE - Marble sculptures occupy the pediment above the New York Stock Exchange signage, Tuesday Aug. 25, 2020, in New York. Stocks are drifting in mixed trading on Wall Street Friday, Sept. 18, as another zig-zag week for markets closes out following their abrupt loss of momentum this month.(AP Photo/Bebeto Matthews, File)
SKY News
September 04, 2020 - 5:33 pm
The stock market closed out its worst week in more than two months Friday as a second straight day of turbulent trading ended with more losses. The S&P 500 fell 0.8%, although the index did claw most of the way back from a 3.1% skid earlier in the day. A slide in technology stocks again did...
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FILE - In this July 15, 2020, file photo, one-stop operator Vickie Gregorio with the Heartland Workforce Solutions talks to a jobseeker outside the workforce office in Omaha, Neb., as others seeking employment wait behind her. The government issues the jobs report Friday, Sept. 4, for August at a time of continuing layoffs and high unemployment. (AP Photo/Nati Harnik, File)
September 04, 2020 - 2:06 pm
WASHINGTON (AP) — U.S. unemployment dropped sharply in August from 10.2% to a still-high 8.4%, with about half the 22 million jobs lost to the coronavirus outbreak recovered so far, the government said Friday in one of the last major economic reports before Election Day. Employers added 1.4 million...
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FILE - In this Jan. 3, 2020 file photo, the Wall St. street sign is framed by American flags flying outside the New York Stock Exchange in New York. U.S. stocks are swinging between losses and gains in Thursday, Sept. 24, trading, as volatility continues to be the dominant force in Wall Street’s tumultuous September. (AP Photo/Mary Altaffer, File)
SKY News
September 01, 2020 - 4:54 pm
Wall Street kicked off September with another set of milestones Tuesday, as an afternoon rally carried the S&P 500 and Nasdaq composite to all-time highs. The S&P 500 bounced back from a modest loss in the early going to finish 0.8% higher a day after the benchmark index wrapped up its...
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FILE - In this Aug. 11, 2020 file photo, shoppers walk through the Valley Mall in Halfway, Md. U.S. consumer confidence fell for second straight month in August as a resurgence of virus cases in many parts of the country heightened pessimism about the economy. (Colleen McGrath/The Herald-Mail via AP, File)
SKY News
August 28, 2020 - 10:32 am
WASHINGTON (AP) — U.S. consumers increased their spending by 1.9% last month, a dose of support for an economy struggling to emerge from the grip of a pandemic that has held back a recovery and kept roughly 27 million people jobless. The July gain marked the third straight monthly increase in...
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President Donald Trump speaks from the South Lawn of the White House on the fourth day of the Republican National Convention, Thursday, Aug. 27, 2020, in Washington. (AP Photo/Evan Vucci)
August 27, 2020 - 11:26 pm
WASHINGTON (AP) — President Donald Trump is sprinkling into his convention speech mentions of swing states he needs to win in November, framing them as states Democratic nominee Joe Biden has betrayed. Castigating Biden as an enemy of the auto industry, Trump is chiding Biden for supporting, among...
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