Business COVID 19

What job security? Americans are feeling worn down and fearful of layoffs

The vaccine rollout and incoming Democratic administration has Wall Street feeling pretty darn optimistic: Goldman Sachs is even going as far to project 2021 GDP growth of over 6%—which, if it occurred, would be the highest growth rate since 1984. But don’t pencil it in just yet. Look no further than the jobs report on […]


These U.S. cities led the world in reduced car traffic last year

Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today. Urban traffic congestion declined significantly worldwide in 2020 because of COVID-19 lockdowns and economic slowdowns. But the impact was more persistent in the U.S. than in any other country, according to new research. Of the […]


Still waiting on your $300 unemployment benefit to start? What you need to know

The streak of seven consecutive months of job growth has come to an end, as the country netted 140,000 lost jobs in December. Those layoffs come at a time when more than 19 million Americans are still receiving unemployment benefits. The good news? Aid is on its way. The $900 billion stimulus package signed into […]


By one measure, this recovery is 10 times faster than the one after the Great Recession—but there’s a catch

The early months of the coronavirus pandemic saw the U.S. economy plunge at its fastest rate in history. Over a two-month period, the jobless rate shot up from 3.5% in February 2020 to 14.7% in April—its highest level since 1940—while second quarter GDP declined 32.9% on an annualized basis. During this period the Congressional Budget […]