The nation’s economy added 661,000 jobs in September as the unemployment rate fell slightly to 7.9 percent, down from 8.4 percent in August, the U.S. Bureau of Labor Statistics (BLS) reported Friday (Oct. 2). Get the Full Story Complete the form to unlock this article and...
The inability of lawmakers and the White House to pass a new stimulus relief package has fueled layoffs as companies say they can’t afford payroll, The New York Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The number of Americans who applied for jobless benefits fell slightly last week as the nation’s employers continue to cut large numbers of workers amid COVID-19, according to data released Thursday (Oct. 1) by the U.S Department of Labor (DOL). Get the Full Story Complete...
Dwindling sales and mounting donations have spelled doom for the market for buying recycled clothing, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Despite talks over a two-day period to reach a compromise on a new stimulus package, House Speaker Nancy Pelosi (D-California) and Treasury Secretary Steven Mnuchin failed to strike a deal, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
For the U.S. GDP, a slight improvement of some very bad numbers is an improvement, technically. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Two new reports show that the U.S. job market continued to slowly recover in September, although small businesses reported only small gains. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Bankruptcy filings are surging in New York City with almost 6,000 closures, representing a 40 percent increase, according to Bloomberg, and it’s forecasted to keep getting worse. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Is the U.S. economy in a V-shaped recovery or should we brace for a long and bumpy road ahead? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
