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Economy gains 943,000 jobs as delta variant threatens recovery

Economy gains 943,000 jobs as delta variant threatens recovery

(CN) — American employers added 943,000 jobs in July, a sign that the economic recovery from the coronavirus pandemic remained on track before the delta variant sparked new worries about a return to widespread restrictions.   While employers beat expectations of around 850,000 new jobs last month, some experts say the next jobs report may […]

National eviction ban to end as Covid-19 cases rise

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National eviction ban to end as Covid-19 cases rise

(CN) — After a last-minute Congressional scramble on Friday failed to extend the federal eviction moratorium, the measure is set to expire Saturday, ending protections that have helped millions of Americans keep a roof over their head during an unprecedented medical emergency.  “It’s like the worst thing that can happen to a family,” said Zach […]

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Inflation Posts Highest One-Month Gain Since Great Recession

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Inflation Posts Highest One-Month Gain Since Great Recession

MANHATTAN (CN) — Inflation jumped nearly 1% again last month, with the hot economy seeing the largest one-month increase since the early days of the Great Recession. Core inflation — a measure of prices, sans food and energy — and headline inflation — which measures all goods — both increased by 0.9%, about double what […]

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Economic Recovery Accelerates With 850,000 New Jobs

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Economic Recovery Accelerates With 850,000 New Jobs

The gain shows the recovery from the coronavirus pandemic is picking up pace, but the U.S. is still down millions of jobs compared to February 2020. A shopper enters a Dollar Tree store displaying a now-hiring sign in Buffalo Grove, Ill., last week. (AP Photo/Nam Y. Huh) (CN) — American employers added a robust 850,000 […]

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