Author: Ana Swanson
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Blacks and Hispanic workers are suffering more than the white working class
Think about those who have been left behind in the economy, and you might picture the white working class. Much has been said since the election about the plight of former manufacturing workers in the Rust Belt, who can no longer find good-paying jobs. The focus makes sense: President-elect Donald Trump was lifted into office…
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US economy adds 178,000 jobs in November; unemployment rate drops to 4.6 percent
WASHINGTON – The U.S. economy added 178,000 jobs in November, while the unemployment rate fell to 4.6 percent, a level not seen since August 2007, according to government data released Friday morning. The first employment report since voters went to the polls last month shows an economy in strong shape as President-elect Donald Trump prepares…
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Trump just announced he’d abandon the TPP on day one. This is what happens next.
On Monday, President-elect Donald Trump said that he would pull out of the Trans-Pacific Partnership, President Barack Obama’s signature trade dealing linking countries around the Pacific Rim, on his first day in office. Immediately before, a gathering of international leaders in Peru gave early hints of what might happen next. The picture is one of…
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U.S. economy added 161,000 jobs in October as unemployment rate dipped to 4.9 percent
WASHINGTON – America’s labor market continues to show signs of gradual strengthening, with newly released government data showing the economy added 161,000 jobs last month. Annual wage growth surged to levels not seen since before the financial crisis, while the unemployment rate dipped to 4.9 percent in October from 5 percent the previous month. Economists…
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Congress could let China write the rules on global trade, White House says
WASHINGTON – The White House’s top economic adviser cautioned Friday that the United States will surrender global leadership on trade issues to China and other countries if Congress fails to pass President Barack Obama’s signature Pacific Rim trade deal before his term is up. Speaking to a group of journalists on Friday, Jason Furman, the…
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This square isn’t actually rotating. Here’s why.
Many people think of their eyes as operating like a movie camera – capturing everything that happens in front of them and then projecting those images back into the dark room that is the brain. But scientists say that metaphor isn’t accurate. Our brains don’t just watch a rolling film of everything in front of our eyes…