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U.S. loses 140,000 jobs, first monthly loss since spring

Jan 8, 2021
The figures suggest employers have rehired roughly all the workers they can afford to after laying off more than 22 million.
The unemployment rate stayed at 6.7%, the first time it hasn’t fallen since April.
Mark Makela/Getty Images

Unemployment claims slip to still-high 787,000

Jan 7, 2021
On Friday, the government will issue a December jobs report that economists expect will show hiring slowed for a sixth straight month.
A closed souvenir shop in Times Square on Dec. 28, 2020 in New York City.
Angela Weiss/AFP via Getty Images

Trump supporters storm U.S. Capitol, clash with police

Jan 6, 2021
Dozens breached security perimeters and lawmakers inside the House chamber were told to put on gas masks as tear gas was fired in the Rotunda.
Rioters supporting President Donald Trump break into the U.S. Capitol on Jan. 6 in Washington, D.C.
Win McNamee/Getty Images

Layoffs still up as 803,000 seek unemployment benefits

Dec 23, 2020
Before the virus struck, applications typically numbered around 225,000 a week before shooting up to 6.9 million in early spring.
The job market remains under stress nine months after the coronavirus outbreak sent the U.S. economy into recession and caused millions of layoffs.
Spencer Platt/Getty Images

Shutdown deadline looms over COVID-19 relief talks

Dec 18, 2020
Democrats and Republicans have hit a snag in their deal, disagreeing over a provision that aims to limit the Federal Reserve's lending powers.
Senate Majority Leader Mitch McConnell walks to the Senate floor at the U.S. Capitol on Dec. 17.  McConnell said with a shutdown deadline looming at midnight Friday, weekend work in Congress is "highly likely."
Tasos Katopodis/Getty Images

Unemployment claims up again, hitting nearly 900,000 last week

Dec 17, 2020
Nine months after the viral pandemic first paralyzed the economy, many employers are still slashing jobs.
A diner sits closed in Brooklyn on Dec. 9 in New York City.
Spencer Platt/Getty Images

Retail sales fell 1.1% in November, biggest drop in 7 months

Dec 16, 2020
It's a sign Americans held back on spending during the start of the holiday shopping season.
Customers wear face masks while waiting in line to shop inside a Best Buy store on Black Friday in Hawthorne, Calif., on Nov. 27, 2020.
Patrick T. Fallon/AFP via Getty Images