Sunday, April 5, 2020
By Robert Hughes U.S. nonfarm payrolls lost 701,000 jobs in March, by far the largest loss since the Great Recession (see chart). Initial claims for unemployment insurance totaled 10 million in the last two weeks of March (and are not completely captured in the March employment report),...
During the coronavirus crisis, the American workforce has shown resilience with new ways to complete tasks with working by home and using tons of new technology. But, there are some questions about productivity.Q: Will Americans’ newfound ability to work from home be helpful for the economy in the...
In some corners of Wall Street, investors are casting doubt on the notion that the economy will switch back to high gear after the coronavirus pandemic passes. The worry is that the battle with...
Treasury yields extended their decline on Friday after data showed the U.S. economy lost 701,000 jobs in March. Economists polled by MarketWatch had forecast an 82,000 decline but warned that the report would be unlikely to fully capture the scope...
FOX Business’ Edward Lawrence breaks down the March jobs report. U.S. employers lost 701,000 jobs in March, breaking a decade-long streak of employment gains as the coronavirus pandemic forced the nation's economy to come to a grinding halt.It was the first decline in payrolls since September 2010, and...
The chorus is growing louder: in addition to halting the increases in coronavirus cases, we need an energy stimulus package focused on rebuilding the economy. Job creation and infrastructure development will be key.With unemployment filings reaching nearly 10 million, it is clear we are in the midst of an...
https://www.youtube.com/watch?v=N1YIQSfvbEw Government-mandated policies of self-isolation will cripple the American economy, and the draconian measures taken to contain the pandemic are not necessary, this according to Steve Hanke, professor of applied economics at Johns Hopkins University. “With the economy shutting down, the cost is going to be absolutely phenomenal,” Hanke...
The US Economy In Free Fall: What Comes Next?  WAMU 88.5
Steve Forbes, chairman and editor-in-chief of Forbes Media, reacted Friday on "The Ingraham Angle" to U.S. unemployment climbing as coronavirus spreads and its effects on the economy if the shutdown continues." devastation is going to be very real. You've already saw in that 10 million number in...
Fox Business Network host Maria BartiromoMaria Sara BartiromoKennedy Center to furlough 60 percent of staff, details plans for spending stimulus funds Louisiana Republican: People upset at 'spending porn on pet projects' in latest stimulus bill McCarthy says fourth stimulus bill might not be necessary MORE said the top...