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Economy faces bumpy ride during healing phase
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U.S. productivity falls at 0.9% rate in first quarter
A worker wearing a protective mask and gloves assembles face shields at the Cartamundi-owned Hasbro manufacturing facility in East Longmeadow, Massachusetts, U.S., on Wednesday, April 29, 2020. The factory is making 50,000 face shields per week for hospitals in Massachusetts and Rhode Island, Governor Charlie Baker said. Adam Glanzman | Bloomberg via Getty Images U.S. […]
Here’s where the jobs are in one chart — May 2020
The government’s May jobs report stunned Wall Street with the largest number of payrolls gained on record and a drop in the unemployment rate during a month when most expected grim comparisons to the Great Depression. The U.S. leisure and hospitality industry, which suffered its most-brutal month ever in April, posted an eye-popping rebound in […]