
Economy
US unemployment drops to 7.9% but hiring slows pre-election
With a month to go before Election Day, the Labor Department said employers added just 661,000 jobs in September amid the coronavirus outbreak.
5 years ago
Shares, oil prices sink after Trump tests positive for virus
The future contracts for both the S&P 500 and the Dow industrials dropped nearly 2% but were trading 1.2% lower several hours later. Oil prices tumbled about 3%.
5 years ago
Bank of Philadelphia? Study says a public bank could help small biz survive COVID
The city-commissioned study by HR&A Advisors suggests a public bank could help Philly tackle poverty and the COVID downturn.
5 years ago
At least 1,400 furloughed at Philadelphia International Airport as federal aid deal falters
Airline staff cuts came as federal stimulus money meant to keep the industry afloat ran out and Congress failed to pass an extension.
5 years ago
U.S. layoffs remain elevated as incomes and spending weaken
The number of Americans seeking unemployment benefits declined last week to a still-high 837,000.
5 years ago
Survey finds Pa. business owners adapting to COVID-19 pandemic changes despite economic concern
Businesses are starting to recover from pandemic-related layoffs and economic activity, according to a new survey from PNC.
5 years ago
Williamsport-based Shop-Vac blames 400+ layoffs on COVID-19. Workers say that’s not true
Those familiar with Shop-Vac’s finances say the pandemic is being used to justify rapid liquidation and over 400 layoffs in Lycoming County.
5 years ago
2020 is killing small businesses. Philly won’t recover if we let them die
There are things the city can do to support struggling small businesses — and keep Philadelphia from falling deeper into poverty.
5 years ago
SEPTA managers, cops earn double salaries with overtime as agency battles fiscal crisis
A small number of SEPTA managers and police officers, through overtime, earned annual pay comparable to Mayor Jim Kenney and other public executives.
5 years ago
The promise and pitfalls of the gig economy
Sociologist Juliet Schor talks about her book "After the Gig" which looks at the pitfalls of the gig economy and how to make it more equitable.
Air Date: September 22, 2020 10:00 am
Listen 48:58New PUA payments paused in Pa. due to uptick in suspicious claims
PUA was created through the federal CARES Act and is easier to apply for than other forms of unemployment benefits.
5 years ago
Pa. unemployment rate drops to 10.3%, hospitality and leisure still suffering
After widespread job shedding in March and April, just over half of those who lost work in Pa. had been rehired by August.
5 years ago
Philly’s changing union labor scene
In Philly, long known as a blue-collar "labor town," the kinds of workers organizing is changing — a shift that started before the pandemic gave workers' issues new urgency.
Air Date: September 17, 2020
Listen 15:24Jacob Goldstein on “Money: the True Story of a Made-Up Thing”
Planet Money's Jacob Goldstein discusses his new book about the history and future of money.
Air Date: September 15, 2020 10:00 am
Listen 49:29How is the COVID pandemic changing the world? And what are the economic, technological, and demographic trends shaping our future?
Air Date: September 11, 2020 10:00 am
Listen 49:44