pandemic recession

Economy

Sign of inequality: US salaries recover even as jobs haven’t

In a stark sign of the economic inequality that has marked the pandemic recession and recovery, Americans as a whole are now earning the same amount in wages and salaries that they did before the virus struck — even with nearly 9 million fewer people working. The turnaround in total wages underscores how disproportionately America’s

Business

Pre-election economy: Unemployment falls, but hiring slows

The final jobs report before Election Day a month from now showed hiring slowed in September even as the U.S. unemployment rate fell to 7.9% — a mixed result for President Donald Trump, who has staked his reelection in part on the economy. The Labor Department said Friday that employers added just 661,000 jobs last

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