WASHINGTON – New claims for jobless benefits in the United States dropped again last week, the Labor Department reported Thursday, as the world’s biggest economy continues to recover in fits and starts from the coronavirus pandemic. A total of 473,000 out-of-work employees filed for unemployment compensation, down 34,000 from the revised figure of the week […]
Over a year into the Covid-19 pandemic, life is slowly beginning to return to normal for many Americans. All adults are now eligible for vaccination, and, according to the CDC, over half have received their first dose. One-third are even fully vaccinated. But several aspects of life remain interrupted. This is especially true for education: At […]
“By inflating executive compensation while their workers struggled during a pandemic, corporate boards have strengthened the case for tax penalties on huge CEO-worker pay gaps.” Dozens of the largest low-wage employers in the United States manipulated their own rules during the coronavirus pandemic to hand wealthy CEOs substantial raises while their vulnerable frontline workers struggled […]
JUNEAU, Alaska — Alaska’s March employment was down 6.9 percent from March 2020 — a loss of 21,900 jobs — as the pandemic continued to keep job counts well below year-ago levels. March data marks the last time we can compare a current month to a comparatively healthy pre-pandemic month. Massive job losses hit in […]