Skip to main content
X

unemployment

Why August’s Consumer Spending on Clothing, Footwear Slumped Again

August, said NRF chief economist Jack Kleinhenz, was "topsy-turvy."

Fed Keeps Interest Rates Near 0% as Powell Says ‘Millions’ of Jobs Gone Forever

The Fed keeps short-term interest rates at near zero percent through 2022 while laying out a dismal forecast…

IHS: 10 States Will See Jobless Rates Reach 16%

A return to pre-pandemic employment levels is not expected until early 2024 at the national level, with the…

Trump Puts Vaccine Effort into ‘Warp Speed’ Amid Economic Devastation: The Week Ahead

President Trump pushes for the creation of a COVID-19 vaccine as the political debate over economic versus…

Experts Weigh Question of Economic Versus Public Health: The Week Ahead

Business activity is expected to resume in Q3, but social distancing could become the new normal if a second…

‘We Will Survive’ 22 Million Job Losses, Economist Says

Recovering from the 22 million+ job losses in just four weeks will "take some time," S&P Global Ratings' Beth…

Furloughs Sweep Across US Denim Retail

Furloughs and salary freezes are sweeping across the industry as denim retailers are saddled with idle stores…