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Provided by Dow Jones By Gwynn Guilford and Sarah Chaney Cambon The U.S. economic recovery is unlike any in recent history, powered by consumers with trillions in extra savings, businesses eager to hire and enormous policy support. Businesses and workers are poised to emerge from the downturn with far less permanent damage than occurred after recent recessions, particularly the 2007-09 downturn. New businesses are popping up at the fastest pace on record. The rate at which workers quit their jobs a proxy for confidence in the labor market matches the highest going back at least to 2000. American household debt-service burdens, as a share of after-tax income, are near their lowest levels since 1980, when records began. The Dow Jones Industrial Average is up nearly 18% from its pre-pandemic peak in February 2020. Home prices nationwide are nearly 14% higher since that time. ....
Provided by Dow Jones Jun 2, 2021 2:13 PM UTC She collected expanded unemployment insurance, food stamps and all three rounds of stimulus checks. The aid helped keep food on the table while her husband who also lost his job picked up food-delivery gigs. If I did not have any of the help with food stamps or the unemployment benefits, we would ve ended up being homeless, she said. Instead, she was able to take a construction-safety certification course in the evenings and continue seeking work until she accepted a job as a truck driver at the Charlotte Douglas International Airport in September. She has since changed jobs and now has enough money to pay off her credit-card debt. I m finally debt free, she said. It s a weight off my shoulders. ....
Claudia Martinez embraces Southern ingredients on Miller Union's new dessert menu atlantamagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from atlantamagazine.com Daily Mail and Mail on Sunday newspapers.