U.S. median household income rose 6.8% to $68,700 in 2019
Author: Paul Davidson, USA TODAY
More workers hit with pay cuts than in last recession, and stagnant wages could linger
Many U.S. workers have been socked by cuts in hours or pay during the pandemic. The effects could linger in meager wage growth for years.
Another 857,000 workers file for unemployment as layoffs persist amid COVID-19 pandemic
More than 857,000 more workers seek unemployment amid coronavirus pandemic as nation struggles to emerge from its steepest-ever recession.
Economy added 1.4M jobs in August as unemployment fell to 8.4% amid persistent COVID-19 outbreaks
The U.S. economy added 1.4M jobs in August as COVID-19 cases remained high in some hot-spot states while others continued to reopen as outbreaks eased
Unemployment claims figures could be much lower because of new seasonal adjustment approach
Unemployment claims for last week and going forward could be lower because of a new seasonal adjustment method
Trump, Biden tout contrasting economic plans. Which will restore jobs lost in the pandemic faster?
Biden wants to raise taxes, boost spending to recover jobs lost in pandemic. Trump wants more cuts to taxes, regulations and more tariffs on China.
Trump, Biden tout contrasting economic plans. Which will restore jobs lost in the pandemic faster?
Biden wants to raise taxes, boost spending to recover jobs lost in pandemic. Trump wants more cuts to taxes, regulations and more tariffs on China.
Fed announces landmark policy shift to spur inflation, job growth, keeping rates low longer
Fed Chair Powell unveiled a plan to let inflation run above target to make up for years of low price increases. It would keep rates near zero longer
COVID-19, political fights raise the question: Could the dollar lose its global status?
The \weakening of the U.S. dollar has sparked concerns among some economists about whether it will remain the world’s reserve currency
1.1M more workers file for unemployment as tally remains at historic high during COVID-19 crisis
Another 1.1M workers file initial jobless claims, a measure of layoffs, as COVID-19 spikes ease in some states, linger in others