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Millions of Americans will struggle to get back into the workforce and they'll need support, Fed's Powell says

12 days ago   |   By Business Insider

Summary List Placement A full rebound from the coronavirus recession won't be as simple as recouping every lost job, Federal Reserve Chair Jerome Powell said Thursday.
The US economy is decidedly on the path to recovery. The March jobs report beat estimates and other indicators signal activity is bouncing back thanks to reopening and new stimulus. Continued vaccination suggests the coming months will show similarly encouraging trends.
There's reason to be optimistic, but there's still plenty of work to do before the country is completely healed, Powell said in a virtual conference hosted...
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Fed's Powell: US nears full reopening to 'different economy'

Fed's Powell: US nears full reopening to 'different economy'

12 days ago   |   By The Independent

Federal Reserve Chair Jerome Powell says the U.S. economy is headed toward a strong recovery, though he cautioned not all will immediately benefit
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Surge in bookings as Fife leisure centres set to reopen their doors

More than 1,000 bookings have been made to Fife pools and swimming pools in just 48 hours. Read more ...

Ministers consider free tests for holidaymakers before UK return

Move could raise concerns about the scope for possible fraudulent activity - with no guarantee the test was taken by the traveller Read more ...

Schoolboy, 15, faces murder trial after teenager, 17, was stabbed to death...

Schoolboy, 15, faces murder trial after teenager, 17, was stabbed to death at sports club

The 15-year-old youth, who cannot be identified for legal reasons, is accused of murdering 17-year-old Joshua Hall on April 16 at Cam sports club in Dursley, Gloucestershire. Read more ...

Interactive maps shows London has borne the brunt of Covid jobs cull

Interactive maps shows London has borne the brunt of Covid jobs cull

London accounts for around a quarter of the 813,000 payroll jobs lost since last March - down by 223,000. Read more ...

Moment motorists confront blood-soaked van driver who smashed into three...

Moment motorists confront blood-soaked van driver who smashed into three cars in four minutes

A white van man was tracked down by furious members of the public after he ploughed into three vehicles in four minutes and 'ran away', in Bordesley Green, Birmingham, yesterday. Read more ...

NHS Tayside visiting to restart for patients from next week

NHS Tayside has announced that patient visiting will be allowed to restart from next week after new government guidance. Read more ...

Work to begin on first-of-its-kind shared education campus in Limavady

Work to begin on first-of-its-kind shared education campus in Limavady

A plan for a first-of-its-kind shared education campus will officially get off the ground today when Education Minister Peter Weir cuts the first sod on the £11m project. Read more ...

Barrister who tried to destroy married lover with Fatal Attraction revenge...

Barrister who tried to destroy married lover with Fatal Attraction revenge plot jailed

A JILTED barrister who hatched a Fatal Attraction-style revenge plot against her married lawyer lover was jailed for life yesterday. Read more ...

‘The system has collapsed': India's descent into Covid hell

Many falsely believed that the country had defeated Covid. Now hospitals are running out of oxygen and bodies are stacking up in morgues Coronavirus - latest updates See all... Read more ...

India's government has abandoned its citizens to face a deadly second wave...

Despite enforcing one of the strictest lockdowns last year, the authorities seem unable to cope with a renewed Covid surge At 7.52pm on 16 April, Vinay Srivastava, a... Read more ...