Government, Business

Consumer Prices Surged in Past Year the Most Since 2008

WASHINGTON — American consumers faced a third straight monthly surge in prices in June, the latest evidence that a rapid reopening of the economy is fueling pent-up spending for goods and services that in many cases remain in short supply.

Christopher Rugaber | Associated Press
July 13, 2021
Government, Business

US Jobless Claims Tick Down to 411,000 as Economy Heals

The number of Americans applying for unemployment benefits dropped in the week ended June 19, a sign that layoffs declined and the job market is improving.

Christopher Rugaber | Associated Press
June 24, 2021
Government, Business

US Adds 559,000 Jobs in May

WASHINGTON — U.S. employers added 559,000 jobs in May, an improvement from April’s sluggish gain but still evidence that many companies are struggling to find enough workers as the economy rapidly recovers from the pandemic recession.

Christopher Rugaber | Associated Press
June 4, 2021
Government, Business

US Employers Add 916,000 Jobs in March as Hiring Accelerates

America’s employers unleashed a burst of hiring in March, adding 916,000 jobs in a sign that a sustained recovery from the pandemic recession is taking hold as vaccinations accelerate, stimulus checks flow through the economy and businesses increasingly reopen.

Christopher Rugaber | Associated Press
April 2, 2021
Government, Business

Jobless Claims Fall to 684,000, Fewest Since Pandemic

WASHINGTON — The number of people seeking unemployment benefits fell sharply last week to 684,000, the fewest since the pandemic erupted a year ago and a sign that the economy is improving.

Christopher Rugaber | Associated Press
March 25, 2021
Government, Business

US Adds a Strong 379,000 Jobs in Hopeful Sign for Economy

WASHINGTON — U.S. employers added a robust 379,000 jobs last month, the most since October and a sign that the economy is strengthening as confirmed viral cases drop, consumers spend more and states and cities ease business restrictions.

Christopher Rugaber | Associated Press
March 5, 2021
Government, Business

Fed’s Powell: Economic Recovery Is Uneven, Incomplete

WASHINGTON — Federal Reserve Chair Jerome Powell underscored the U.S. economy’s ongoing weakness Feb. 23 in remarks that suggested that the Fed sees no need to alter its ultra-low interest rate policies anytime soon.

Christopher Rugaber | Associated Press
February 23, 2021
Government, Business

Employers Add Just 49,000 Jobs as Unemployment Falls to 6.3%

WASHINGTON — U.S. employers added just 49,000 jobs in January, a sign that the viral pandemic retains a tight grip on the economy nearly a year after it triggered a painful recession.

Christopher Rugaber | Associated Press
February 5, 2021
Government, Business

US Unemployment Claims Fall to 779,000; Job Cuts Grind On

The number of Americans seeking unemployment benefits declined to 779,000 in the week ended Jan. 30, a still historically high total that shows that a sizable number of people keep losing jobs to the pandemic.

Christopher Rugaber | Associated Press
February 4, 2021
Government, Business

Fed to Weigh Further Options for Aiding US Economy

WASHINGTON — The Federal Reserve’s policymakers face an unusual conundrum as they meet this week: a short-term economic outlook that is worsening even while the longer-term picture is brightening thanks to the emergence of coronavirus vaccines

Christopher Rugaber | Associated Press
December 14, 2020