Economy

Unemployment (AP)
AP
AP News
July 30, 2020 - 6:03 am
More than 1.4 million laid-off Americans applied for unemployment benefits last week, further evidence of the devastation the coronavirus outbreak has unleashed on the U.S. economy.
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Homeless (GETTY)
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Rebekah Sager
July 16, 2020 - 12:14 pm
The COVID-19 pandemic hit while 28-year-old Caleb Harris was serving in the U.S. Forces, working at a job at a furniture store and going to college. But when his classes moved to online-only, he lost his GI Bill loan for school. Then he and his wife learned they were pregnant.
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Americans Unemployment (AP)
AP
AP News
July 16, 2020 - 6:29 am
The number of laid-off workers seeking unemployment benefits remained stuck at 1.3 million last week, an historically high level that indicates many companies are still cutting jobs as the viral outbreak intensifies.
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Unemployment (AP)
AP
AP News
July 02, 2020 - 6:24 am
U.S. employers added a substantial 4.8 million jobs in June, and the unemployment rate fell to 11.1%, as the job market improved for a second straight month yet still remained far short of regaining the colossal losses it suffered this spring.
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CBS News
June 30, 2020 - 7:46 am
Some of the roughly 33 million workers who are now claiming unemployment benefits may be in for an unwelcome surprise next month. The extra $600 in weekly unemployment benefits that are due to expire on July 31 may end a week earlier in some states.
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San Quintin (GETTY)
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Ameera Butt
June 29, 2020 - 12:31 pm
Gov. Newsom offers an update on COVID-19 as the state begins to reopen sectors and businesses.
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Rebekah Sager
June 25, 2020 - 8:16 am
According to a government watchdog report released to Congress Thursday, more than a million dead people received COVID-19 stimulus payments totaling $1.4 billion.
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Unemployment Rate Falls (AP)
AP News
June 05, 2020 - 5:56 am
The U.S. unemployment rate fell to 13.3% in May from 14.7%, and 2.5 million jobs were added — a surprisingly positive reading in the midst of a recession that has paralyzed the economy in the wake of the viral pandemic.
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LAPD car
David McNew/Getty Images
CNS News
May 26, 2020 - 11:34 am
City officials are defending plans to go ahead with nearly $41 million in raises for Los Angeles police officers with college degrees, as well as a planned 4.8 percent raise for all officers in the coming fiscal year.
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Getty
CNS News
April 29, 2020 - 1:19 pm
The Los Angeles County Board of Supervisors unanimously voted today to set up an "economic resiliency task force" -- to include each of the five board members -- as the county looks to balance a phased reopening of businesses with a continuing battle against the coronavirus.
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