Economic Recovery

Red states leading US economic recovery from the coronavirus pandemic

States with Republican governors are leading the U.S. economic recovery from the coronavirus pandemic, while those run by Democrats – which tended to impose lengthier and stricter lockdowns on businesses – are faced with significantly higher unemployment rates. 

Senate Republicans Vow To Block $3.5T Dem Reconciliation Bill

in passing a massive $3.5 trillion budget reconciliation package. During a press conference on Wednesday, Senate Minority Leader Mitch McConnell (R-Ky.) argued the proposal isn’t in the best interests of the American people or the economy.

Thanks To Inflation, American Wages Drop By Nearly 2%

According to federal data, the average American’s wage is on the decline due to inflation.

China’s Economic Recovery Loses Some Steam, Investors Eye More Policy Easing

China’s economy grew slightly slower than expected in the second quarter, weighed down by higher raw materials costs and new COVID-19 outbreaks. Expectations build that policymakers may have to do more to support the recovery.

Cities seeing the fastest unemployment recovery

WalletHub compared 180 U.S. cities and changes in their unemployment numbers in May of 2021.

U.S. labor market recovery gaining steam; worker shortages an obstacle

The number of Americans filing new claims for unemployment benefits fell more than expected last week, while layoffs plunged to a 21-year low in June, suggesting the labor market recovery from the COVID-19 pandemic was gaining traction.

U.S. Chamber of Commerce warns worker shortage getting worse

The U.S. Chamber of Commerce is launching a new plan to address the 'crisis' shortage of workers that is says it holding back economic recovery from the pandemic.

Worldwide economic recovery depends on American energy

But Biden's 'misguided policies' are handicapping the industry, says congresswoman

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