June jobs report: US adds 850,000 jobs as economy extends its gains

U.S. employers added 850,000 jobs in June 2021, well above the average of the previous three months, the Labor Department said.

Home prices surge by most on record

Home prices rose 14.6% year over year nationally in April, according to the national Case-Shiller index, making for the highest reading in more than 30 years of recordkeeping.

Average gas price rises to $3.15 a gallon; San Francisco has highest price in nation

Nationwide, the highest average price for regular-grade gas is in the San Francisco Bay Area at $4.33 per gallon. The lowest average is in Baton Rouge, Louisiana, at $2.63 per gallon.

Minnesota adds 14,800 jobs in May after end of COVID-19 restrictions

The unemployment rate in Minnesota was down to 4 percent in May after the state added thousands of leisure and hospitality jobs following the dropping of COVID-19 restrictions statewide.

2020 teen summer employment was lowest since Great Recession

The number of teens who were able to get jobs during the summer of 2020 saw its lowest level since the Great Recession in 2008.

US weekly unemployment claims fall to 376,000, sixth straight drop

The number of Americans claiming unemployment benefits fell for the sixth straight week as the U.S. economy reopens rapidly from pandemic woes.

Chipotle raising prices to offset its $15 minimum wage hike

Chipotle announced it would be raising menu prices by as much as 4% to offset the cost of the employee pay raises announced last month.

US economy shows growth despite lacking enough workers, supplies

Barely more than a year after the coronavirus caused the steepest economic fall and job losses on record, the speed of the rebound has been so unexpectedly swift that many companies can’t fill jobs or acquire enough supplies to meet a pent-up burst of customer demand.

Could we see a fourth stimulus check? Where payments stand

So far, over 2 million people have signed an online Change.org petition calling for recurring $2,000 per month payments.

US unemployment claims fall to 406,000, a new pandemic low

The number of Americans filing for unemployment benefits dropped last week to 406,000, a new pandemic low and evidence that the job market is strengthening.

US achieves another pandemic low with 444,000 new unemployment claims

The number of Americans seeking unemployment aid fell last week to 444,000, a new pandemic low and a sign that the job market keeps strengthening as consumers spend freely again, viral infections drop and business restrictions ease.

Unemployment claims fall to 473,000, another pandemic low

The number of Americans seeking unemployment benefits fell last week to 473,000, a new pandemic low and the latest evidence that fewer employers are cutting jobs as consumers ramp up spending and more businesses reopen.

Biden touts economic recovery as Treasury Dept. starts paying out $350B in state and local aid

President Biden on Monday announced steps to make it easier for employers to hire new workers and touted the country’s economic recovery plan following a disappointing April jobs report.

Chamber of Commerce calls for end to enhanced jobless aid

The U.S. Chamber of Commerce is calling for Washington to immediately stop paying out-of-work Americans an extra $300 a week in unemployment benefits, saying the boost in government aid is giving some recipients less incentive to look for work.

Biden says economic recovery a marathon, not a sprint amid weak jobs report

U.S. employers added just 266,000 jobs last month, sharply lower than in March and a sign that some businesses are struggling to find enough workers.

In new pandemic low, unemployment numbers fall to 498,000

The number of Americans seeking unemployment aid fell last week to 498,000, the lowest point since the viral pandemic struck 14 months ago and a sign of the job market’s growing strength as businesses reopen and consumers step up spending.

Unemployment claims fall to 553,000

The number of Americans applying for unemployment benefits dropped by 13,000 last week to 553,000, the lowest level since the pandemic hit last March and another sign the economy is recovering from the coronavirus recession.