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A $900 Billion Plan Would Help the Economy, but Not Fix It

The economic recovery, slowing for months, is in danger of going into reverse. That’s why a growing list of economists, business lobbyists and other advocacy groups are urging lawmakers to […]




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Further Slowdown in Job Creation Sets Off Economic Alarms

The American job engine has slowed significantly, stranding millions who have yet to find work after being idled by the pandemic, and offering fresh evidence that the recovery is faltering.The […]




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Biden’s Economic Team Suggests Focus on Workers and Income Equality

WASHINGTON — President-elect Joseph R. Biden Jr. formally announced his top economic advisers on Monday, choosing a team that is stocked with champions of organized labor and marginalized workers, signaling […]




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U.S. Economy Stumbles as the Coronavirus Spreads Widely

Layoffs are rising again and Americans’ incomes are falling, the latest signs that the one-two punch of a resurgent pandemic and waning government aid are undermining the U.S. economic recovery.Applications […]




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Economic Risks Are High as Chances for Quick Stimulus Narrow

WASHINGTON — Two of the world’s most powerful central bankers said on Thursday that economic risks from the coronavirus remain high, and they cautioned against putting too much faith in […]




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Unemployment Benefit Cutoff Looms for Millions at Year’s End

Two critical unemployment programs are set to expire at the end of the year, potentially leaving millions of Americans vulnerable to eviction and hunger and threatening to short-circuit an economic […]




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Jobs Report Shows Gains but Vulnerability to New Coronavirus Surge

The American economy continues to heal from the devastating effects of the first wave of the coronavirus pandemic last spring, but a new wave of cases threatens prospects for sustained […]




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Fed Holds Rates Steady and Signals Continued Wariness

WASHINGTON — The Federal Reserve chair, Jerome H. Powell, said on Thursday that the labor market’s recovery was only halfway complete and that more government support would likely be needed […]




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Economy’s Big Rebound Leaves a Shortfall as Progress Slows

U.S. economic output increased at the fastest pace on record last quarter as businesses began to reopen and customers returned to stores. But the economy has climbed only partway out […]




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Young and Jobless in Europe: ‘It’s Been Desperate’

Like millions of young people across Europe, Rebecca Lee, 25, has suddenly found herself shut out of the labor market as the economic toll of the pandemic intensifies. Her job […]