Despite a pullback in hiring, employers added lots of temporary workers and are giving existing employees more hours, a good sign for the economy.
Author: Paul Davidson, USA TODAY
Economy added modest 49,000 jobs in January as Biden aims to move quickly on stimulus package
The economy added 49,000 jobs in January as President Biden pushed for a big stimulus and COVID-19 cases surged. Unemployment fell.
‘It’s going to end up better for me’: Many workers who lost jobs due to COVID-19 have found higher-paying positions
Many laid-off workers are landing new jobs for more money and with better titles. How are they doing that even as others continue to struggle?
Ugh, I can’t afford this house: First-time homebuyers get help with down payments from family and friends
More than half of first-time home buyers are getting help with the down payment from family or friends, a new survey shows.
Economy will return to pre-pandemic output level by mid-2021, sooner than expected, CBO predicts
The U.S. economy will return to its pre-Covid output level by mid-2021, the CBO estimates, sooner than it previously projected, as unemployment falls.
Shoppers face shortages of cars, shirts and smart speakers amid COVID-19 shipping delays
Americans are facing delays and shortages of cars, shirts, electronics and more because of COVID-19 related shipping tie-ups.
Economy grew 4% in the fourth quarter as COVID-19 raged, consumers curtailed spending, and shrank 3.5% in 2020
The nation’s gross domestic product grew 4% in the fourth quarter as consumer spending gains slowed
Janet Yellen becomes the first female Treasury chief; may be a calming influence in a divided Washington
Janet Yellen became the first woman to head the U.S. Treasury this week, a centrist who could bridge the economic divide in Washington.
FAA still investigating wheel that fell off small plane, landed in Chicago family’s yard
The Federal Aviation Administration is still investigating a wheel that fell off a small plane and landed in a Chicago family’s yard
Yosemite National Park remains closed after wind storm knocked down trees, caused millions of dollars in damage
Yosemite National Park remains closed at least until Tuesday last week’s powerful windstorm caused millions of dollars in damages