U.S. employers added 559,000 jobs last month, as the unemployment rate fell to 5.8% from 6.1% in April. Employers say they could use even more workers as demand surges and pandemic fears recede.
Citing a severe shortage of workers, half of the nation's governors have decided to end extra federal jobless benefits months early. But an economist says that will set back households and businesses.
The Paycheck Protection Program, which provided emergency loans to small businesses amid the pandemic, will wind down soon. Economists are divided on whether it saved enough jobs to justify its cost.
Mobile home owners right now are twice as likely as other homeowners to be behind on housing payments. And some are losing their homes over small amounts of rent they owe for land the home sits on.
Although the overall jobs market is starting to come back, youth unemployment remains stubbornly high, creating a lot of anxiety among the latest class of college and high school seniors.
The Federal Reserve has raised its forecast for economic growth, thanks to an improving public health outlook and trillions of dollars in federal spending.
More than 46,000 Missourians have received letters demanding repayment. The state says it paid out more than $150 million last year to people who it later determined weren't eligible for the benefits.
On his first day in office, the president plans to sign an executive order extending the CDC's moratorium on evictions. Housing advocates say the CDC rule needs to be strengthened.
