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 16, 2020 - 2:39 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell warned Tuesday that the U.S. economy faces a deep downturn with “significant uncertainty” about the timing and strength of a recovery. He cautioned that the longer the recession lasts, the worse the damage that would be inflicted on the job...
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FILE - In this May 7, 2020 file photo a woman sitting on a stoop reading a book in the sun is seen reflected by a closed clothing store's window on West Broadway in the SoHo neighborhood of the Manhattan borough in New York. U.S. retail sales likely recovered somewhat in May as the economy increasingly reopened from closures caused by the coronavirus and more shoppers felt confident enough to spend. The Commerce Department is expected to report Tuesday, June 16, 2020 that retail purchases climbed 9% from April to May, according to economists surveyed by the data provider FactSet. (AP Photo/Mary Altaffer, file)
June 16, 2020 - 11:16 am
BALTIMORE (AP) — U.S. retail sales jumped by a record 17.7% from April to May, with spending partially rebounding after the coronavirus had shut down businesses, flattened the economy and paralyzed consumers during the previous two months. The government’s report Tuesday showed that retail sales...
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People walk with bags after shopping at the Selfridges department store in London, Monday, June 15, 2020. After three months of being closed under coronavirus restrictions, shops selling fashion, toys and other non-essential goods are being allowed to reopen across England for the first time since the country went into lockdown in March.(AP Photo/Matt Dunham)
June 16, 2020 - 7:30 am
LONDON (AP) — Unemployment in the U.K. is widely expected to hit levels not seen since the mid-1980s over the coming months as a result of the coronavirus-induced recession. Though the number of people officially labelled as unemployed held steady in April, the first full month after lockdown,...
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Vice President Mike Pence speaks during a discussion at the Covenant Church of Pittsburgh in Wilkinsburg, Pa,. Friday, June 12, 2020. AP Photo/Keith Srakocic)
June 12, 2020 - 10:26 pm
WASHINGTON (AP) — It’s time to spread the good news. That’s the difficult job Vice President Mike Pence undertook Friday as the Trump administration works to make voters feel better about the direction of the country amid a coronavirus pandemic and racial unrest. Pence traveled Friday to...
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A woman walks past an electronic stock board showing Japan's Nikkei 225 index and New York Dow index at a securities firm in Tokyo Friday, June 12, 2020. Asian shares were moderately lower Friday after an overnight rout on Wall Street as investors were spooked by reports of rising coronavirus cases in the U.S. (AP Photo/Eugene Hoshiko)
June 12, 2020 - 4:56 pm
Wall Street managed to end a bumpy day broadly higher Friday but still finished with its worst week in nearly three months. The S&P 500 rose 1.3% a day after dropping nearly 6% in its biggest rout since mid-March. It lost 4.8% for the week, snapping a three-week winning streak for the benchmark...
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Patrons of Busch Gardens Tampa Bay enjoy the 200-foot dive on the SheiKra roller coaster, Thursday, June 11, 2020, in Tampa. The park, owned and operated by SeaWorld Entertainment, has reopened to the public for the first time in almost 3 months after closing on March 16 because of the coronavirus pandemic. (Douglas R. Clifford/Tampa Bay Times via AP)
June 11, 2020 - 4:40 pm
ORLANDO, Fla. (AP) — Two more Florida theme parks, SeaWorld Orlando and Busch Gardens Tampa Bay, opened Thursday after being closed since mid-March because of the coronavirus. Both reopened their gates with new restrictions to safeguard against the spread of the virus. Reservations are now required...
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In this photo taken Thursday, June 4, 2020, a pedestrian wearing a mask walks past reader board advertising a job opening for a remodeling company, in Seattle. The U.S. unemployment rate fell to 13.3% in May, and 2.5 million jobs were added — a surprisingly positive reading in the midst of a recession that has paralyzed the economy and depressed the job market in the wake of the viral pandemic. (AP Photo/Elaine Thompson)
June 11, 2020 - 10:03 am
WASHINGTON (AP) — About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, evidence that many Americans are still losing their jobs even as the economy appears to be slowly recovering with more businesses partially reopening. The latest figure from the Labor Department...
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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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