June 2021

Personal income decreased $3.21 trillion (13.1 percent) in April according to estimates released today by the Bureau of Economic Analysis (tables 3 and 5). Disposable personal income (DPI) decreased $3.22 trillion (14.6 percent) and personal consumption expenditures (PCE) increased $80.3 billion (0.5 percent).

JEFFERSON CITY, Mo. (AP) — Just a year ago, the financial future looked bleak for state governments as governors and lawmakers scrambled to cut spending amid the coronavirus recession that was projected to pummel revenue.

On Friday at 8:30 AM ET, the BLS will release the employment report for May. The consensus is for 650 thousand jobs added, and for the unem...

From the BLS : Total nonfarm payroll employment rose by 559,000 in May, and the unemployment rate declined by 0.3 percentage point to 5.8...

Keep an eye on skills shortages, consumers’ wallets and the market’s expectations.

Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals.

As tech campuses became ghost towns, the people who kept them running—cooks, custodians, drivers—faced an existential threat to their livelihoods.

Health concerns, expanded jobless benefits and still being needed at home are among the reasons would-be workers might be staying away.

Roughly 9.6 million U.S. workers lost their jobs during the COVID-19 downturn; only about 2.6 million EU workers lost jobs in this period.