Minnesota reports lowest labor force participation in a decade
Minnesota has its lowest labor force participation rate in at least a decade, as tens of thousands of people apparently stopped looking for work in September.
Layoffs remain elevated as 898,000 seek unemployment aid
The government will issue its latest snapshot Thursday of the level of layoffs in the United States, which remain elevated seven months after the viral pandemic erupted and after the expiration of federal unemployment aid for millions of Americans.
2 Americans awarded Nobel Prize in economics
Americans Paul R. Milgrom and Robert B. Wilson have won the Nobel Prize in economics for “improvements to auction theory and inventions of new auction formats.”
White House boosts offer in COVID-19 aid talks
The White House is boosting its offer in up-and-down COVID-19 aid talks Friday in hopes of an agreement before Election Day.
Layoffs continue as 840,000 seek unemployment aid
The government will provide its latest picture Thursday of the pace of layoffs in the United States, which have remained high since the viral pandemic erupted in March while federal aid for the jobless has lapsed.
Trump says he'd sign off on specific coronavirus relief measures after halting talks
President Trump on Tuesday said he would sign off on specific coronavirus relief measures aimed at helping the airlines and small businesses.
Fed chair warns lack of further COVID-19 stimulus imperils economic recovery
Federal Reserve Chair Jerome Powell warned that a recovery from the COVID-19 pandemic recession could falter unless the federal government supplies additional stimulus relief.
Trump halts COVID-19 stimulus talks until after election
President Donald Trump says he has instructed aides to stop negotiating on another round of COVID-19 relief until after the election.
Nearly 116,000 Minnesotans may have unclaimed $1,200 stimulus checks
Nearly 116,000 Minnesotans have yet to collect their $1,200 stimulus checks, according to state officials.
Hiring slows for 3rd month; US unemployment rate falls to 7.9%
America’s employers added 661,000 jobs in September, the third straight month of slower hiring and evidence from the final jobs report before the presidential election that the economic recovery has weakened.
Stock futures plunge after Trump confirms he has coronavirus
U.S. equity futures plunged by more than 1.6%, or 500 Dow points after President Trump confirmed through a tweet that he and the first lady tested positive for coronavirus.
Layoffs remain high as 837,000 seek unemployment aid
The number of Americans seeking unemployment benefits declined last week to a still-high 837,000, evidence that the economy is struggling to sustain a tentative recovery that began this summer.
United and American Airlines furloughing 32,000 employees
The moves by two of the nation's four biggest airlines represent the first -- and likely the largest part -- of involuntary job cuts across the industry in coming days.
Senate passes stopgap bill to fund US government through December
The last-minute approval came just hours before funding expired at midnight on Wednesday.
Unemployment claims at 870,000 as fraud and backlogs cloud data
The number of people seeking U.S. unemployment aid rose slightly last week to 870,000.
Dow plunges 900 points as election, coronavirus lockdown worries mount
U.S. equity markets were sharply lower Monday as investors weighed the possibility of more coronavirus shutdowns in Europe and uncertainty surrounding the U.S. election.
If you didn’t file tax returns, the IRS may still owe you a $1,200 COVID-19 stimulus check
On Friday, the IRS announced that it will mail letters to people who did not file a return for either 2018 or 2019, but still may qualify for an Economic Impact Payment.
Fans, businesses looking for normal amidst most abnormal Vikings game day in Minneapolis
On a normal Vikings game day in Minneapolis, more than 70,000 people would pack U.S. Bank Stadium to cheer on the purple and gold, but this Sunday was anything but normal.
Layoffs remain elevated as 884,000 Americans seek unemployment aid
The number of Americans applying for jobless aid was unchanged last week at 884,000.
Even as hiring slows, American unemployment rate falls to 8.4%
The U.S. unemployment rate fell sharply in August to 8.4% from 10.2% even as hiring slowed in August as employers added the fewest jobs since the pandemic began.