The pre-Covid economy was far from the greatest in history, with growth not much different than rates seen under President Barack Obama and far slower…
Unemployment insurance added about $25 billion a week to the economy during the four months the additional aid was in place, and now since the…
Congress has access to this basic information. A Congressional Research Service study notes that since the EITC was first enacted in 1975, lawmakers have shown…
Japanese media reported the latest drop was the worst since World War II. But the Cabinet Office said comparable records began in 1980. The previous…
Speaking on the floor, McConnell scoffed at the Democratic leaders’ demands for Republicans to raise the price ceiling of their negotiations to $2 trillion from…
“The economy began to bounce back in June with shops reopening, factories beginning to ramp up production and housebuilding continuing to recover,” ONS Deputy National…
The four-month CARES Act moratorium ended July 25, and most states are letting their own temporary protections lapse. At the same time, the federal enhancement…
Struggling households bolstered by previous direct federal payments may get no more cash anytime soon. And expanded unemployment benefits may drop substantially — even if…
And while Trump promised a “big” jobs number on Friday, the unemployment rate in July came in at 10.2 percent, a daunting figure for any…
The rise in permanent job loss is the latest signal that the economic damage from the coronavirus is likely to be long-lasting, and that the…