2020 teen summer employment was lowest since Great Recession
The number of teens who were able to get jobs during the summer of 2020 saw its lowest level since the Great Recession in 2008.
Chipotle raising prices to offset its $15 minimum wage hike
Chipotle announced it would be raising menu prices by as much as 4% to offset the cost of the employee pay raises announced last month.
Africatown-Central District lifts up over 100 black-owned businesses in remembrance of Tulsa Race Massacre
More than 150 black-owned businesses set up booths and tents for a street sale in the Central District on Monday.
Washington asks state high court to uphold tax on big banks
The Washington Attorney General’s Office on Tuesday asked the state Supreme Court to uphold a new tax on big banks, a year after a lower court judge sided with the industry in finding it unconstitutional.
Sales of new US homes fell 5.9% in April in wake of soaring house prices in March
Sales of new homes fell a bigger-than-expected 5.9% in April, a drop that analysts blamed in part on soaring home prices.
US achieves another pandemic low with 444,000 new unemployment claims
The number of Americans seeking unemployment aid fell last week to 444,000, a new pandemic low and a sign that the job market keeps strengthening as consumers spend freely again, viral infections drop and business restrictions ease.
The May 17 tax deadline is coming up: Here's everything you need to know
Americans have just a few more days to file their 2020 tax returns — or risk facing a financial penalty.
Unemployment claims fall to 473,000, another pandemic low
The number of Americans seeking unemployment benefits fell last week to 473,000, a new pandemic low and the latest evidence that fewer employers are cutting jobs as consumers ramp up spending and more businesses reopen.
Biden touts economic recovery plan as Treasury Dept. starts paying out $350B in state and local aid
President Biden on Monday announced steps to make it easier for employers to hire new workers and touted the country’s economic recovery plan following a disappointing April jobs report.
Chamber of Commerce calls for end to enhanced jobless aid
The U.S. Chamber of Commerce is calling for Washington to immediately stop paying out-of-work Americans an extra $300 a week in unemployment benefits, saying the boost in government aid is giving some recipients less incentive to look for work.
Biden says economic recovery a marathon, not a sprint amid weak jobs report
U.S. employers added just 266,000 jobs last month, sharply lower than in March and a sign that some businesses are struggling to find enough workers.
In new pandemic low, unemployment numbers fall to 498,000
The number of Americans seeking unemployment aid fell last week to 498,000, the lowest point since the viral pandemic struck 14 months ago and a sign of the job market’s growing strength as businesses reopen and consumers step up spending.
Unemployment claims fall to 553,000
The number of Americans applying for unemployment benefits dropped by 13,000 last week to 553,000, the lowest level since the pandemic hit last March and another sign the economy is recovering from the coronavirus recession.
Washington House passes cap-and-trade bill
The Washington House on Friday passed a cap-and-trade measure that puts a price on carbon emissions and includes a new 5-cent increase of the gas tax.
Seattle docks seeing global trade increase by double digits
The pandemic is still causing major disruptions for supply chains from Asia and other parts of the world. Maritime traffic is up double-digits according to the Port of Seattle.
Unemployment claims fall to 576,000, lowest since COVID-19 pandemic began
The number of Americans applying for unemployment benefits fell sharply last week to 576,000, a hopeful sign that layoffs are easing as the economy recovers from the pandemic recession.
Unemployment claims jump to 744,000 as layoffs persist amid pandemic
The number of Americans applying for unemployment benefits rose last week to 744,000, signaling that many employers are still cutting jobs.
156 million coronavirus relief payments issued, Treasury says
The Treasury Department says it has issued more than 156 million payments as part of President Joe Biden’s coronavirus relief plan.
Hiring ramps up as US adds 916K jobs in March
America’s employers unleashed a burst of hiring in March, adding 916,000 jobs in a sign that a sustained recovery from the pandemic recession is taking hold.
Unemployment claims climb to 719,000; COVID-19 pandemic still forces layoffs
The number of Americans applying for unemployment benefits rose by 61,000 last week to 719,000, signaling that many employers are still cutting jobs even as more businesses reopen, vaccines are increasingly administered and federal aid spreads through the economy.