Chamber of Commerce calls for end to enhanced jobless aid
The U.S. Chamber of Commerce is calling for Washington to immediately stop paying out-of-work Americans an extra $300 a week in unemployment benefits, saying the boost in government aid is giving some recipients less incentive to look for work.
Biden says economic recovery a marathon, not a sprint amid weak jobs report
U.S. employers added just 266,000 jobs last month, sharply lower than in March and a sign that some businesses are struggling to find enough workers.
In new pandemic low, unemployment numbers fall to 498,000
The number of Americans seeking unemployment aid fell last week to 498,000, the lowest point since the viral pandemic struck 14 months ago and a sign of the job market’s growing strength as businesses reopen and consumers step up spending.
Uber sees jump in demand for deliveries during first quarter of 2021
Uber saw record demand in the first quarter as its food delivery business grew while lockdowns ended and more customers hailed rides
San Francisco Small Business Week kicks off as yellow tier is within reach
San Francisco is poised to return to the yellow tier as early as this week. The city says it could energize the economy at a time when patronizing small businesses will be critical to getting the city back to where it was pre-pandemic.
Unemployment claims fall to 553,000
The number of Americans applying for unemployment benefits dropped by 13,000 last week to 553,000, the lowest level since the pandemic hit last March and another sign the economy is recovering from the coronavirus recession.
US economy grew at a robust 6.4% rate last quarter
The U.S. economy grew at a brisk 6.4% annual rate last quarter — a show of strength fueled by government aid and declining viral cases that could drive further gains as the nation rebounds with unusual speed from the pandemic recession.
Truckers fall under California gig economy law, court says
A federal appeals court says California's gig economy law applies to some 70,000 truck drivers who can be classified as employees of companies that hire them instead of independent contractors.
52 weeks into EDD unemployment benefits: Make sure you click ‘new claim’
EDD claimants are learning that when a year's worth of claims have been collected, they're terminated unless they jump through a bureaucratic hoop. EDD says it was just a glitch.
Prototype of first U.S. dollar coins up for auction
A piece of copper known as the No Stars Flowing Hair Dollar, which was a prototype for the fledgling nation's money, will hit the auction block this week. And the winning bid will be way, way higher than $1.
Unemployment claims fall to 547,000, a new pandemic low
The number of Americans applying for unemployment aid fell last week to 547,000, a new low since the pandemic struck and a further encouraging sign that layoffs are slowing on the strength of an improving job market.
Nearly 50% of recent college graduates are jobless, survey says
A survey conducted by Monster found that nearly 50% of recent college graduates are jobless amid the ongoing COVID-19 pandemic.
Unemployment claims fall to 576,000, lowest since COVID-19 pandemic began
The number of Americans applying for unemployment benefits fell sharply last week to 576,000, a hopeful sign that layoffs are easing as the economy recovers from the pandemic recession.
LinkedIn adding ‘stay-at-home parent’ to official job titles
LinkedIn is rolling out a variety of updates, which includes adding “stay-at-home mom/dad/parent” as official job titles to better explain career gaps.
Average US price of gas holds steady at $2.94 per gallon
The highest average price in the nation right now is $3.99 a gallon in the San Francisco Bay Area. The lowest average is $2.50 in Baton Rouge, Louisiana.
Amazon warehouse workers reject union bid in Alabama
Amazon workers voted against forming a union at a warehouse in Alabama, handing the online retail giant a decisive victory and cutting off a path that labor activists had hoped would lead to similar efforts throughout the company and beyond.
Unemployment claims jump to 744,000 as layoffs persist amid pandemic
The number of Americans applying for unemployment benefits rose last week to 744,000, signaling that many employers are still cutting jobs.
156 million coronavirus relief payments issued, Treasury says
The Treasury Department says it has issued more than 156 million payments as part of President Joe Biden’s coronavirus relief plan.
USDA reaches settlement in SNAP benefits case, will expand access to emergency benefits
Roughly 1 million state residents will have access to emergency food benefits following a settlement reached this week in a lawsuit filed last year against the U.S. Department of Agriculture.
Homes selling faster than ever even as prices rise to all-time highs
About 59% of homes that went under contract had an accepted offer within two weeks of hitting the market.