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WASHINGTON (AP) — America’s employers added 661,000 jobs in September, the third straight month of slower hiring and evidence from the final jobs report before the presidential election that the economic recovery has weakened. With September’s hiring gain, the economy has recovered only slightly more than half the 22 million jobs that were wiped out by the viral pandemic. The roughly 10 million jobs that remain lost exceed the number that the nation shed during the entire 2008-2009 Great Recession.The unemployment rate for September fell to 7.9%, down from 8.4% in August, the Labor Department said Friday. Since April, the jobless rate has tumbled from a peak of 14.7%.The September jobs report coincides with other data that suggests that while the economic picture may be improving, the gains have slowed since summer. The economy is under pressure from a range of threats. They include the expiration of federal aid programs that had fueled rehiring and sustained the economy — from a 0-a-week benefit for the unemployed to 0 billion in forgivable short-term loans to small businesses.Friday’s data offers voters a final look at the most important barometer of the U.S. economy before the Nov. 3 presidential election — an election whose outcome was thrown into deeper uncertainty by the announcement early Friday that President Donald Trump has tested positive for the coronavirus.The rise in confirmed viral cases that is occurring in much of the country could force new business shutdowns or discourage consumers from traveling, shopping or visiting restaurants. A recent wave of layoffs by large companies has heightened fears that the viral outbreak still poses a serious threat to the economy.Disney said this week that it’s cutting 28,000 jobs, a consequence of reduced customer traffic and capacity limits at Disney World in Florida and the ongoing closure of Disneyland in California.Allstate said it will shed 3,800 jobs, or 7.5% of its workforce. Marathon Petroleum, the Ohio refiner, is slashing 2,000 jobs. And tens of thousands of airline workers are losing their jobs this month as federal aid to the airlines expires. The airlines had been barred from cutting jobs as long as they were receiving the government assistance.While congressional negotiations, led by House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin, continue, the prospect of a major new economic aid package before the November elections is highly uncertain. 2478
WASHINGTON (AP) — Former New York City Mayor Michael Bloomberg is committing at least 0 million to help Joe Biden’s presidential campaign in the crucial battleground state of Florida.A spokeswoman for the effort told NBC News that the money will be used to turn out voters for Biden through a mix of television and digital ads. She says ads will be run in both English and Spanish in an effort to target Hispanic voters, a key demographic.The spokesperson says the goal of the effort is to help the Biden campaign save money that can be used in other swing states, like Pennsylvania or Wisconsin.Bloomberg’s spending reflects Democrats’ concerns about the tight race in a state that's a priority for President Donald Trump.A victory for Biden in Florida would significantly complicate Trump’s path to reaching the 270 Electoral College votes needed to secure a second term.Bloomberg launched his own campaign for the Democratic nomination late last year amid worries about the strength of Biden’s campaign, but the billionaire dropped out in March and endorsed Biden. 1078
WASHINGTON (AP) — Joe Biden and Barack Obama are stepping up their attacks on President Donald Trump and defending their time in the White House in a new video.It was their first in-person meeting since the coronavirus outbreak began.Biden enlisted the former president to help slam Trump's response to the pandemic while framing the former vice president as the better choice in November's election.The video released Thursday shows Obama and Biden wearing masks while arriving at an office, then sitting down well apart from each other to observe social distancing for a bare-faced chat.Biden and Obama discuss passing their administration’s signature health care law and blame Trump for stoking division and animosity among Americans. 745
WASHINGTON (AP) — Former special counsel Robert Mueller is sharply defending his investigation into ties between Russia and Donald Trump’s 2016 presidential campaign. Mueller writes in a newspaper opinion piece Saturday that the probe was of “paramount importance” and asserts that Trump ally Roger Stone “remains a convicted felon, and rightly so” despite the president’s decision to commute his prison sentence. The op-ed in The Washington Post marks Mueller’s first public statement on his investigation since his congressional appearance last July. It's his firmest defense of the two-year probe whose results have come under attack and even been partially undone by the Trump administration.RELATED: President Trump commutes prison sentence of political ally Roger Stone 783
WASHINGTON (AP) — A federal appeals court said Thursday it plans to review a decision ordering the dismissal of the Justice Department’s case against former Trump national security adviser Michael Flynn.The action by the U.S. Circuit Court of Appeals for the District of Columbia is likely to prolong the fight over Flynn’s fate and represents yet another dramatic development in a case that has taken unexpected twists and turns over the last year and turned Flynn into something of a cause celebre for President Donald Trump and his supporters.Flynn pleaded guilty in 2017 to lying to FBI agents about his conversations with a Russian diplomat ahead of the inauguration of President Donald Trump.The court set arguments for Aug. 11. It did not offer an explanation for its decision in a brief order posted online, saying only "FURTHER ORDERED that oral argument before the en banc court be heard at 9:30 a.m. on Tuesday, August 11, 2020. The parties should be prepared to address whether there are 'no other adequate means to attain the relief' desired."A three-judge panel of the court ruled 2-1 last month that U.S. District Judge Emmet Sullivan had overstepped his bounds by not granting the Justice Department’s request to dismiss the case against Flynn.The Justice Department in May moved to dismiss the case against Flynn, one of the signature prosecutions of special counsel Robert Mueller’s investigation into Russian election interference.The motion followed a review by a U.S. attorney appointed by Attorney General William Barr to scrutinize the case.But rather than immediately dismiss the case, Sullivan appointed a retired federal judge to argue against the Justice Department’s position and to consider whether Flynn could be held in criminal contempt for perjury. Flynn’s lawyers asked the appeals court to step in and order Sullivan to grant the department’s request. 1894