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Tag Archives: April

Cuomo is urging the police to make changes or lose state money by April 1

Governor Cuomo said “they have won” to protesters demanding racial justice and urged the state police to formulate a “system reform” plan or lose state money by April 1. “If you don’t, local government, you won’t get government funding. Period,” said Cuomo at his daily meeting on Saturday. “You have to pass a law with your newly designed police force.” …

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British GDP falls in April

A pedestrian walks past closed shops on empty Regent Street in London on April 2, 2020, while life in the UK continues during the nationwide blockade to combat the coronavirus pandemic. Tolga Akmen According to the National Statistics Office, the UK recorded the largest monthly decline in GDP (gross domestic product) in the country’s history in April. GDP fell 20.4% …

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US employers fired 7.7 million workers in April

BALTIMORE (AP) – US employers fired 7.7 million workers in April – a sign of how deep the economic hole is after thousands of offices, restaurants, shops and schools have closed during the pandemic. The Department of Labor also said in a Tuesday report that job vacancies have dropped and hiring has almost disappeared in April. The number of jobs …

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New house sales rose slightly in April as prices fell

The Annapolis Townhome model at the Clarksburg Town Center on April 28, 2020 in Clarksburg Maryland. Benjamin C. Tankersley | The Washington Post | Getty Images In one of the brightest economic data since the corona virus pandemic began, new home sales increased by almost 1% in April compared with March in April, according to the US census. While that …

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All 50 U.S. states cut jobs in April: Department of Labor

(Reuters) – Unemployment rates rose and fell in April across all 50 states and the District of Columbia as efforts to curb the coronavirus pandemic forced companies to close across the country, the Department of Labor said on Friday. FILE PHOTO: People who have lost their jobs are reflected in the door of an Arkansas Workforce Center as they wait …

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Home sales decreased 18% in April as inventory decline drives prices to a record high

A sales sign is seen in front of a house in Miami, Florida. Joe Raedle | Getty Images The economic consequences of the corona virus hit the property market hard in April. Existing property sales decreased 17.8% month-to-month and seasonally adjusted 17.2% below April 2019, the National Association of Realtors said. The annualized pace is 4.33 million units, the slowest …

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US industrial production collapses in April

The payment: Industrial production collapsed in April, the Federal Reserve said on Friday. Industrial production fell by a record 11.2%, which was impacted by a record decline in manufacturing. Capacity utilization fell from 72.7% in March to a record low of 64.9%. Economists surveyed by MarketWatch anticipated a 12.2% decrease in production and capacity utilization of 63.2%. What happened: There …

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The retail sales crater hit a record 16.4% in April as corona viruses were locked and spending declined

The payment: US retail sales fell a record 16.4% in April after coronavirus locks shut down much of the economy, cost millions of jobs, and triggered an unprecedented slump in consumer spending. Retail sales fell in every category except online shopping, the government said on Friday. Revenue also fell a revised 8.3% in March, easily the worst decline in modern …

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