State-wide unemployment remains at more than ten-percent in Hawaii, among the highest levels in the country. To create jobs, one local organization has brought back an idea from the Great Depression: paying unemployed workers to do environmental restoration.
While negotiations over additional federal assistance to cities and states remain deadlocked, Hawaii’s chief executive says the state may be forced to furlough workers in the coming months if Congress fails to act.
The continuing COVID-19 crisis is costing lives around the world, and is also hitting economies. From job losses to business closings, a growing number of countries are sliding into deep recessions — and that includes in the Asia Pacific.
State lawmakers return to the Capitol today for what is expected to be the final three weeks of this year’s legislative session. Their main focus will be allocation $618 million in federal pandemic assistance.
BERKELEY HEIGHTS, N.J. — President Donald Trump's top economic adviser is playing down fears of a looming recession after last week's sharp drop in the financial markets and predicting the economy will perform well in the second half of 2019.