Truthout
Economy
Economy Adds an Abysmal 661,000 Jobs as Further Layoffs Loom
The large jump in long-term unemployment and people leaving the labor force are ominous signs for the future.
Voters Want to Use Climate Change Policies to Rebuild the Economy After COVID
A new poll shows that voters want job training for workers who left the fossil fuel industry as well as a carbon tax.
Another Day of COVID, Another Failed Stimulus, Another Thousand Deaths
“Go for much higher numbers, Republicans” was the squeal of retreat Speaker Nancy Pelosi had been waiting for.
Trump Claims Democratic States Have Shut Down Economies to Harm His Reelection
History shows the opposite is true — that Trump may have tried to reopen economies too early in order to help himself.
Less Than Half of Jobs Lost at Start of Pandemic Have Been Recovered
The economic downturn continues to hit the most disadvantaged groups hardest.
Trump Boasts About Economy But New Unemployment Claims Surpassed a Million
Long-term unemployment could become a serious problem as the pandemic-induced recession drags on.
Anti-Immigrant Policies Are Not Only Cruel, They Also Have an Economic Cost
A humane immigration policy is a necessary component of any serious plan for recovering from the COVID recession.
Pence Says Trump Outperformed Obama on Jobs, Forgetting 20 Million Lost in April
More than half of the number of jobs that were lost in April have not yet been recovered.
Monumental Contraction of US Economy Wipes Out Five Years of Gains
Failure to address the pandemic head-on may have resulted in larger quarterly economic losses than were necessary.
How the US Chamber of Commerce Wrecked the Economy and Made the Pandemic Worse
The Chamber of Commerce lobbied against using the Defense Production Act to address COVID supply shortfalls.