Millions of people are out of work and those being sustained through the CARES act the past several months face tough circumstances now that that money has run out.
NPR's Ailsa Chang talks with Dana Scott, a doctoral candidate in economics at Yale University, about her study that looked at whether expanded jobless benefits reduced incentives to look for work.
The coronavirus continues to take a toll on the U.S. economy, endangering President Trump's chances for reelection. But the White House has done little to advance economic recovery efforts.
In a week of bleak economic news, some companies are finding ways to prosper. Amazon notched record profits during its most recent quarter, but Google's parent company saw its first drop in sales.
NPR's Rachel Martin speaks with economist Paul Romer about the worst GDP numbers in U.S. history, and what's ahead for the economy. He says the current decline is worse than the 2008 recession.
New college graduates fortunate enough to land jobs during the pandemic begin their careers under bizarre circumstances — they often haven't met their bosses and coworkers in person.
Even in financial uncertainty, some firms turn a profit. Major glitches reported in a federal government database for hospital data. And, the Census Bureau's door-knocking program will end early.
The company's sales went through the roof between April and June, hitting close to $89 billion — a 40% increase from a year earlier. Amazon added 175,000 new hires to help keep up with the demand.
The coronavirus triggered the sharpest economic contraction in modern history in the second quarter as the pandemic hammered the economy, the Commerce Department said Thursday.