Great Depression

Hawaii is using some of its CARES Act money to create a version of the Civilian Conservation Corps. The state is now trying to spend the last of the funds before the deadline later this month.

How is it that the Brits can have a newly elected prime minister meeting with the queen to form a new government within a day or two, but Americans need 10 or 11 weeks to install a new crew?

Median household income jumped to $68,700 in 2019, the highest since record-keeping began in 1967. Many of those gains have likely been erased this year, as the pandemic left tens of millions jobless.

Exhausted leaders emerged from a marathon five days of talks with a rescue package to help member states weather their worst economic downturn since the Great Depression.

The Labor Department says about 1.9 million people filed for unemployment last week, but there are some signs that people may be returning to their jobs.

U.S. employers shed a record number of jobs in April, as the unemployment rate climbed to the highest since the Great Depression. The coronavirus crisis has locked down much of the economy.