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White House on jobs: ‘The numbers are going to slow’ but we’re in a ‘durable recovery’

WorldNews Friday, 4 September 2020
White House on jobs: ‘The numbers are going to slow’ but we’re in a ‘durable recovery’After the Labor Department released the August jobs report on Friday, White House advisors fanned out to argue that the V-shaped recovery was still happening. “I think we're in a V-shaped recovery,” White House economic advisor Larry Kudlow told reporters. Joseph LaVorgna, chief economist of the National Economic Council, described it on Yahoo Finance as “a super V-shaped recovery,” and suggested the White House believes an economic recovery could last well into 2021. "Sure, the numbers are going to slow,” LaVorgna said in an interview with Yahoo Finance, but he quickly ticked off positive trends he sees in the home, retail, autos, housing, and manufacturing markets. The collective data...
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Video Credit: USA Today News (Domestic) - Published
News video: White House resuming tours with guidelines to protect visitors safety

White House resuming tours with guidelines to protect visitors safety 00:41

White House visitors will be able to see the newly renovated Rose Garden. The tours will resume on September 12.

💡 One News Page Knowledge: Other News Mentions

Larry Kudlow Larry Kudlow American economist

Kayleigh McEnany tests positive for COVID-19 [Video]

Kayleigh McEnany tests positive for COVID-19

[NFA] White House Press Secretary Kayleigh McEnany is the latest White House staffer to test positive for the coronavirus, following an outbreak that has also infected the president, the first lady, multiple aides and three Republican senators. This report produced by Jonah Green.

Credit: Reuters - Politics    Duration: 02:06Published

United States Department of Labor United States Department of Labor U.S. Department that regulates workers' rights and labor markets

778,000 More Americans Filed First-Time Unemployment Claims Last Week [Video]

778,000 More Americans Filed First-Time Unemployment Claims Last Week

The Labor Department released the latest figures on Wednesday.

Credit: Cover Video STUDIO    Duration: 01:03Published
Jobless Claims Increase for First Time Since October to 742,000 [Video]

Jobless Claims Increase for First Time Since October to 742,000

The jobless claims data was released by the Department of Labor on Thursday.

Credit: Cover Video STUDIO    Duration: 00:52Published
Jobless claims drop to 7-month low in U.S. [Video]

Jobless claims drop to 7-month low in U.S.

The number of Americans filing new claims for unemployment benefits fell to a seven-month low last week, but the pace of decline has slowed and further improvement could be limited by a raging COVID-19 pandemic and lack of additional fiscal stimulus. Fred Katayama reports.

Credit: Reuters - Politics    Duration: 01:14Published

Yahoo! Finance Yahoo! Finance

Nasal Spray May Prevent COVID-19 Infections, Research Suggests [Video]

Nasal Spray May Prevent COVID-19 Infections, Research Suggests

According to Yahoo! Finance, researchers at Columbia University have developed a nasal spray that was tested on ferrets and a 3D model of human lungs.

Credit: Cover Video STUDIO    Duration: 00:52Published

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