Tag
Business is booming — and that has brought a whole new set of challenges.
More than 4 million Americans have been unemployed for more than six months. Previous recessions have redefined long-term unemployment.
That makes it the first major economy to rebound since COVID-19 hit.
The agency projects the COVID-19 pandemic will cost the U.S. almost $8 trillion in lost economic output this decade.
“It’s not as simple as telling everyone to go back to work,” Cohn says, but that will be “the key to an economic recovery.”
The difference between initial jobless claims and overall continuing claims is an important one.
It may take until the end of 2021 for the economy to recover, Jerome Powell said Sunday.
Even years after an event, the trauma lingers.
San German's lights are mostly on, but the city's mayor says bureaucracy is slowing down progress.
Housing starts and permits were both up in 2015, and the growth is expected to continue.