Stimulus (Economic)

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    Further Slowdown in Job Creation Sets Off Economic Alarms

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    #masthead-section-label, #masthead-bar-one { display: none }The Coronavirus OutbreakliveLatest UpdatesMaps and CasesC.D.C. Shortens Quarantine PeriodsVaccine TrackerFAQAdvertisementContinue reading the main storySupported byContinue reading the main storyFurther Slowdown in Job Creation Sets Off Economic AlarmsNovember’s hiring of 245,000, the fifth straight monthly easing in new employment, reinforces calls for action on a fresh relief package. More

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    in Economy

    Unemployment Claims Drop, but Holiday Week May Be a Factor

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    #masthead-section-label, #masthead-bar-one { display: none }The Coronavirus OutbreakliveLatest UpdatesMaps and CasesC.D.C. Shortens Quarantine PeriodsVaccine TrackerFAQAdvertisementContinue reading the main storySupported byContinue reading the main storyUnemployment Claims Drop, but Holiday Week May Be a FactorThe decline was the first in three weeks, despite a resurgence of Covid-19 cases. Economists warn of more job losses ahead.A lone shopper at a department store in Midtown Manhattan on the day after Thanksgiving. The drop in weekly jobless claims is likely to have been depressed by the holiday week.Credit…Gabby Jones for The New York TimesBy More

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    Biden and His Economic Team Urge Quick Action on Stimulus as Risks Mount

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    #masthead-section-label, #masthead-bar-one { display: none }The Presidential TransitionliveLatest UpdatesFormal Transition BeginsBiden’s CabinetSecretary of StateElection ResultsAdvertisementContinue reading the main storySupported byContinue reading the main storyBiden and His Economic Team Urge Quick Action on Stimulus as Risks MountThe president-elect introduced key nominees in Delaware, while lawmakers exchanged new proposals with prospects for a deal still dim.President-elect Joseph R. Biden Jr. acknowledged that any stimulus agreement would necessarily fall far short of the trillions of dollars that Democratic leaders have insisted on for months.Credit…Kriston Jae Bethel for The New York TimesBy More