The U.S. economy lost a total of 701,000 jobs in March, bringing a record 10-year streak of employment gains to a halt as the coronavirus […]
Tag: economy
Job losses could quickly soar into the millions as coronavirus craters U.S. economy
This week’s sharp jump in jobless claims is just the tip of the iceberg, labor economists warn, predicting that the United States could shed millions […]
A dozen years after the 2008 recession, a different kind of debt threatens the world economy
The coronavirus is threatening the global economy and financial markets. But so is another, less obvious peril — the mountain of risky debt issued by […]
Ahead of coronavirus impact, economy added 273,000 jobs for February
The economy gained 273,000 jobs in February, well above economist predictions, according to monthly employment data released Friday by the Bureau of Labor Statistics. The […]