September 3, 2020

Stalled stimulus talks make for uncertain US jobs report

Washington (AFP) – Setbacks in the US quest to reopen the economy and a deadlock in Congress have cast uncertainty on the labor market ahead of a key government jobs report Friday.The world’s largest economy has unraveled in recent months amid a terrifying Covid-19 outbreak that caused more than 186,000 deaths and tens of millions of layoffs as businesses shut down to stop the spread of the virus.Without new stimulus from Congress that many say is sorely needed, and faced with continued high rate of layoffs, analysts are split as to what to expect when the Labor Department releases its August …

source https://this.kiji.is/en/674430028679119969?c=648607265489716321

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