More Than 63 Million Have Filed for Unemployment Since March
Amtrak Warns Thousands Could Be Laid Off Without Relief
Experts Warn Economy at a Breaking Point
Donald Trump and Republicans continue to hold up aid negotiations for critical coronavirus relief, months after House Democrats passed the Heroes Act. Meanwhile Americans continue to struggle amid one of the United States’ worst ever economic crises, companies slash thousands of jobs, and a recovery remains elusive.
National
- New York Times: ‘Staggeringly High’: U.S. Jobless Claims Remained Elevated Last Week
- Washington Post: Trump Just Crushed Stimulus Talks, Endangering The U.S. Economy And 26 Million On Unemployment
- CNN: The US Debt Is Now Projected To Be Larger Than The US Economy
- The Guardian: US Economy Faces ‘Watershed Moment’ As Trump Sows Confusion Over Covid Aid
- Fox Business: Coronavirus Will Dictate U.S. Economy’s Path: Fed’s Williams
- Reuters: Fiscal Drag, Viral Carousel, And Another Stalled Week In U.S. Recovery
- New York Times: Anxious For A Lifeline, The U.S. Economy Is Left To Sink Or Swim
- Associated Press: US Layoffs Still High, But So Is Skepticism On Jobless Data
In the States
- Bloomberg: Jobs Gloom Grips Florida, Midwest Just 27 Days To Election Day
- San Francisco Chronicle: U.S. Economy ‘Still In A Pretty Concerning State’ As California Jobless Numbers Still Unclear
- Wisconsin Public Radio: Wisconsin’s Economy Shrinks By Nearly 33 Percent Between April And June
Layoffs
- Wall Street Journal: WarnerMedia Plans Thousands of Job Cuts in Restructuring
- Houston Business Journal: Chevron To Cut Hundreds Of Jobs In Houston Amid Larger Layoff Plans
- WWLP: Amtrak Warns Of 2,400 Possible Layoffs
- WFTV: Universal Orlando Announces More Layoffs
- Oregon Live: Nike Layoffs Get Underway After Weeks Of Uncertainty