'Job Gains Have Slowed Considerably,' Says Economic Policy Institute EconomistUnemployment's sizable decline in July still reflects a slowing economic recovery in the face of the unchecked coronavirus pandemic.
Will You See A Second Stimulus Payment?A second stimulus payment seemed unlikely after the first stimulus led to economic gains but has a good chance now as the virus spikes and recovery stalls.
Supervisor Kathryn Barger Talks Coronavirus Response, Sheriff's Department FeudThe comments came as L.A. County health officials reported an additional 1,260 newly confirmed cases, 34 deaths and a concerning growth in hospitalizations, but Barger said the county would likely not shut down like it did before.
'Expectations Of Safety' Are Greatest Obstacles In Economy's Road To Recovery, Prof SaysWith so much uncertainty in the world, economic recovery will be a long, slow process.
UCLA Anderson Forecast Predicts Unemployment Rate Will Continue To FallA new report says California's economy is expected to continue its steady recovery and predicts the state unemployment rate will drop more than a percentage point over the next two years.
Nearly 30K New Jobs Drops California Unemployment Rate To 6.3 PercentCalifornia's unemployment rate dipped slightly in April to 6.3 percent as the economic recovery created nearly 30,000 new jobs.
Obama Wants Election About Economy, Not HimPresident Barack Obama is all in with his economic pitch. The American public is not. Over the next 27 days, either the public or the president is going to get the message.