Employment figures

FILE - In this Tuesday, March 3, 2020 file photo, Federal Reserve Chair Jerome Powell pauses during a news conference to discuss an announcement from the Federal Open Market Committee, in Washington. The Federal Reserve says it will keep buying bonds, Wednesday, June 10, to maintain low borrowing rates and support the U.S. economy in the midst of a recession. And it says nearly all the Fed’s policymakers foresee no rate hike through 2022. .(AP Photo/Jacquelyn Martin, File)
June 10, 2020 - 6:32 pm
WASHINGTON (AP) — Confronted with an economy gripped by recession and high unemployment, the Federal Reserve signaled Wednesday that it expects to keep its key short-term interest rate near zero through 2022. At the same time, the Fed said it will keep buying about $120 billion in Treasury and...
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Labor Secretary Eugene Scalia testifies during a Senate Finance Committee hearing on "COVID-19/Unemployment Insurance" on Capitol Hill in Washington on Tuesday, June 9, 2020. (Caroline Brehman/CQ Roll Call/Pool via AP)
June 09, 2020 - 6:29 pm
WASHINGTON (AP) — The Trump administration opposes a Democratic proposal to extend a $600 per week federal unemployment benefit approved in response to the coronavirus pandemic, Labor Secretary Eugene Scalia said Tuesday. The $600 payment, which is in addition to normal unemployment benefits, "was...
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FILE - In this May 21, 2020 file photo, a man looks at signs of a closed store due to COVID-19 in Niles, Ill. U.S. layoffs surged in April revealing the deep economic hole that comes with shuttered offices, restaurants, stores and schools. (AP Photo/Nam Y. Huh, File)
June 09, 2020 - 5:20 pm
BALTIMORE (AP) — U.S. employers laid off 7.7 million workers in April — a sign of just how deep the economic hole is after the closure of thousands of offices, restaurants, stores and schools during the pandemic. The Labor Department also said in a Tuesday report that job openings plummeted and...
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A man wearing a face mask walks past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Tuesday, June 9, 2020. Asian shares were mixed on Tuesday after the Nasdaq hit a record high. (AP Photo/Vincent Yu)
June 08, 2020 - 11:37 pm
TOKYO (AP) — Shares were mixed in Asia on Tuesday after the Nasdaq composite touched a fresh record as enthusiasm about reopening the economy pushed Wall Street still higher. Japan's benchmark Nikkei 225 lost 0.5% to 23,064.75 and South Korea's Kospi dipped 0.3% to 2,178.58. Hong Kong's Hang Seng...
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A woman walks into a closing Gordmans store, Thursday, May 28, 2020, in St. Charles, Mo. Stage Stores, which owns Gordmans, is closing all its stores and has filed for Chapter 11 bankruptcy. (AP Photo/Jeff Roberson)
June 08, 2020 - 6:42 pm
WASHINGTON (AP) — The U.S. economy entered a recession in February as the coronavirus struck the nation, a group of economists declared Monday, ending the longest expansion on record. The economists said that employment, income and spending peaked in February and then fell sharply afterward as the...
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In this June 1, 2020, photo President Donald Trump returns to the White House after visiting outside St. John's Church in Washington. (AP Photo/Patrick Semansky, File)
June 08, 2020 - 5:35 am
MONTCLAIR, N.J. (AP) — Presidential politics move fast. What we’re watching heading into a new week on the 2020 campaign: Days to next set of primaries (West Virginia and Georgia): 1 Days to general election: 148 ___ THE NARRATIVE President Donald Trump enters the week hoping to rebound from one of...
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FILE - In this Jan. 14, 2020, file photo Democratic presidential candidates former Vice President Joe Biden, takes the stage before a Democratic presidential primary debate hosted by CNN and the Des Moines Register in Des Moines, Iowa. Biden has won the last few delegates he needed to clinch the Democratic nomination for president. (AP Photo/Patrick Semansky, File)
June 06, 2020 - 12:50 pm
BALTIMORE (AP) — It seemed easy to write off Joe Biden. The former vice president came across as easily blindsided at debates. The crowds at his presidential campaign speeches were far from stadium size. Other Democratic candidates such as Bernie Sanders, Elizabeth Warren and Pete Buttigieg each...
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FILE - In this June 4, 2020, file photo Senate Majority Leader Mitch McConnell of Ky., arrives for a Republican luncheon on Capitol Hill in Washington. (AP Photo/Susan Walsh, File)
June 06, 2020 - 11:44 am
WASHINGTON (AP) — A stronger than expected jobs report could further scramble an already uncertain picture for passing a fifth and possibly final coronavirus aid bill. The positive statistics are feeding the wait-and-see approach of the White House and its GOP allies in Congress. Republicans say...
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Benjamin Lund is seen Friday June 5, 2020, in Milwaukee. Lund is a longtime Republican who was raised in a conservative family in the political battleground of Wisconsin, now plans to vote a straight Democratic ticket and rejects any effort by Trump to put a "silver lining" on the nation's pain. (AP Photo/Morry Gash)
June 06, 2020 - 8:37 am
MADISON, Wis. (AP) — At the end of one of his most turbulent weeks in office, President Donald Trump was eager on Friday to boast of a better than expected jobs report to argue the country is poised for a booming recovery. Benjamin Lund was not moved. The 45-year-old Milwaukee man is a longtime...
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President Donald Trump speaks as he signs the Paycheck Protection Program Flexibility Act during a news conference in the Rose Garden of the White House, Friday, June 5, 2020, in Washington. (AP Photo/Evan Vucci)
June 05, 2020 - 9:47 pm
WASHINGTON (AP) — President Donald Trump effectively claimed victory over the economic crisis and COVID-19 on Friday as well as major progress against racial inequality, heartily embracing a better-than-expected jobs report in hopes of convincing a discouraged nation he deserves another four years...
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