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White House Proposes $1.8 Trillion Plan For Children And Families
By: Alana Wise | NPR
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The American Families Plan would expand free public education and make child care more affordable. The White House wants to pay for the measure by raising taxes on the country’s richest.
A Sign Of Hope After ‘Winter Hibernation’: Employers Add 379,000 Jobs
By: Scott Horsley | NPR
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Meanwhile, the unemployment rate dipped to 6.2% last month as the winter wave of coronavirus infections eased.
Fed Chair Jerome Powell Warns Of Long Road Ahead To Recover Millions Of Lost Jobs
By: Scott Horsley | NPR
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Powell warned it will take time to put millions of jobless Americans back to work, while also downplaying inflation threats.
Ohio Valley Economists Weigh In On Biden’s Recovery Plan
By: Alana Watson | Ohio Valley ReSource
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BOWLING GREEN, Ky. (OVR) — The COVID-19 pandemic is continuing to cripple the economy in the Ohio Valley and President Joe Biden and Congressional Democrats are pursuing his plan for… Read More
Ohio Valley Natural Gas Counties Get Small Piece Of National Economic Pie
By: Alana Watson | Ohio Valley ReSource
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BOWLING GREEN, Ky. (OVR) — An analysis of natural gas production in the Ohio Valley finds that the biggest gas producing counties in the region suffered economically over the past… Read More
10 Senate Republicans Outline $600B Counteroffer To Biden’s COVID-19 Relief Bill
By: Barbara Sprunt | NPR
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The senators are asking to work with President Biden on a coronavirus relief package that they believe could be approved “quickly by Congress with bipartisan support.”
U.S. Economy Slows Sharply As Pandemic Resurges
By: Scott Horsley | NPR
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The Commerce Department says the U.S. economy grew just 1% in the last three months of the year, as a surge in coronavirus infections weighed on in-person businesses like restaurants.
COVID Relief Is Coming To The Ohio Valley. But As Hunger Persists, Did It Arrive Too Late?
By: Liam Niemeyer | Ohio Valley ReSource
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(Ohio Valley ReSource)– He asked her if she was cold. A wind whips around the park in western Kentucky a couple days before Christmas. He puts his arm around her… Read More
Here Is What’s In Congress’ COVID-19 Relief Package
By: Brian Naylor | NPR
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From direct payments for American households to mass transit, the congressional relief package contains money for individuals and institutions affected by the coronavirus pandemic. But there’s more.
Patrons Help Ohio Valley Restaurant Workers Weather Holidays
By: Sydney Boles | Ohio Valley ReSource
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(Ohio Valley ReSource) — Stay-at-home mom Sarci Eldridge has a big heart. So when Kentucky entered its second round of restaurant restrictions due to the coronavirus pandemic, her first thought… Read More
Report Shows Personal Income Declined Sharply In Ohio Valley July – Sept.
By: Alana Watson | Ohio Valley ReSource
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(Ohio Valley ReSource) — A new federal report shows that West Virginia and Kentucky saw the country’s sharpest declines in personal income last quarter as some forms of federal support… Read More
Rosy Vaccine Outlook Brightens World Economic Forecast, But Recovery May Be Uneven
By: Bill Chappell I NPR
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China is predicted to account for more than a third of global economic growth next year, while the U.S. and European countries will lag behind, according to the OECD.
Ohio Valley Economic Outlook Grim As COVID Aid Programs End
WHITESBURG, Ky. (OVR) — With hundreds of thousands across the Ohio Valley struggling to make ends meet, a suite of coronavirus aid packages, including rent and utility relief funding, eviction… Read More
Vaccine Could Unlock Trillions In Spending, Leading To ‘Biden Boom’
By: Scott Horsley | NPR
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Pent-up demand from households that have been cooped up over the last eight months could drive a spending boom in the spring, providing a big boost to the economy.
ARC Investing Over 15 Million In Ohio Valley Economic Projects
By: Alana Watson | Ohio Valley ReSource
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BOWLING GREEN, Ky. (OVR) — The Appalachian Regional Commission is investing another $43.3 million in communities affected by the downturn of the coal industry. The latest POWER grants from the ARC will support 51 projects… Read More
Job Gains Slowed Again In August As Employers Added 1.4 Million Jobs
By: Scott Horsley | NPR
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Fewer jobs were added to the economy last month even as the unemployment rate fell to 8.4%. Job growth has slowed since June in a sign of what could be a long and painful recovery from the recession.
Study: Cutting Public Jobs Due To Pandemic Slows Economic Recovery
By: Jo Ingles | Statehouse News Bureau
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COLUMBUS, Ohio (Statehouse News Bureau) — State agencies were forced to make cuts at the end of Ohio’s fiscal year in June to deal with coronavirus impacts. And in most cases, those have carried over… Read More
Ohio Businesses Say Economy Isn’t Good But They’re Optimistic
By: Karen Kasler | Statehouse News Bureau
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COLUMBUS, Ohio (Statehouse News Bureau) — Ohio’s businesses say they’re optimistic about the future of the economy, but the coronavirus pandemic continues to have them worried. The Ohio Chamber of… Read More
Pandemic Electric Bills Are Searing Hot, As Families Stay Home
By: Scott Horsley | NPR
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With lights out in many offices and millions of people plugging in at home, residential power bills are soaring, even as overall electricity consumption slumps during the recession.
New Jobless Claims Dip Below 1 Million For 1st Time Since March
By: Scott Horsley | NPR
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Initial unemployment claims had been above 1 million for 20 straight weeks. The total receiving unemployment also dipped, to 28.3 million, as of July 25.
Effects Of Pandemic On Ohio’s Economy Could Last Years
By: Karen Kasler | Statehouse News Bureau
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COLUMBUS, Ohio (Statehouse News Bureau) — The state’s tax revenue report for July was the first one showing gains in three months. But Ohio’s chief budget officer says she expects… Read More
‘Nothing Feels Tangible’: Virtual Is New Reality For Grads Starting New Jobs
By: Uri Berliner | NPR
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Job postings for entry-level positions popular with new college grads fell by 73%, compared with before COVID-19 hit. And for the class of 2020 who have landed jobs it’s often been a strange journey.
Big-Money Investors Gear Up For A Trillion-Dollar Bet On Farmland
By: Dan Charles | NPR
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A trillion dollars worth of American farmland will change hands in the coming years. Wealthy investors are likely to buy more of it with the power to shape rural communities and the environment.
Plan To ‘Reimagine Appalachia’ Touts Jobs, Justice and Sustainability For The Ohio Valley
By: Brittany Patterson | Ohio Valley ReSource
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MORGANTOWN, W.Va. (OVR) — A coalition of progressive policy and environmental groups has released a “blueprint” that provides a framework for how Ohio Valley communities could reap the benefits of federal… Read More
The End Of $600 Unemployment Benefits Will Hit Millions Of Households And The Economy
By: Scott Horsley | NPR
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Millions of Americans who lost jobs during the pandemic are in danger of having their incomes cut for a second time. The sudden halt in payments would be felt in households and throughout the economy.
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