Business & Economy
Associated Press/Photo by Mark Lennihan

Jobs slowly return in the U.S.

by Rachel Lynn Aldrich
Posted 7/02/20, 03:50 pm

The unemployment rate in the United States dropped from 13.3 percent in May to 11.1 percent in June, according to a report released by the federal government on Thursday. Businesses added 4.8 million jobs last month as they cautiously reopened across the country.

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Associated Press/Photo by Nam Y. Huh (file)

Markets rally on good news

by Rachel Lynn Aldrich
Posted 6/16/20, 05:14 pm

Stocks on Wall Street climbed on Tuesday despite concerns about a possible resurgence of COVID-19 in the United States. Though investors remained cautious, by the end of the day, the Dow Jones Industrial Average gained 526.82 points while the S&P 500 was up 58.15.

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Associated Press/Photo by Elaine Thompson

Unemployment unexpectedly dips

by Rachel Lynn Aldrich
Posted 6/05/20, 02:04 pm

A new report on joblessness offered hope the United States has seen the worst of the economic blows from the coronavirus shutdowns. Unemployment fell to 13.3 percent in May from 14.7 percent in April, according to a U.S. Department of Labor report released on Friday.

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