Now that unemployment is at an 18-year low, US companies are implementing student loan repayment programs as a way to recruit younger workers and help relieve them of student debt.
Mayor Michael Tubbs of Stockton, Calif., has planned an 18-month experiment to provide citizens living in poverty with $500 a month to see how they use the cash. The initiative will be privately funded by Facebook co-founder Chris Hughes' philanthropic network.
After a slow economic start to 2018 in the United States, the unemployment rate reached a recent low of 3.8 percent, with record lows for black Americans and high school graduates.
With its third tariff reduction in six months, China wants its citizens to buy avocados, cosmetics shoes, and other goods from home instead of abroad in efforts to nurture self-sustaining economic growth based on consumer spending instead of trade and investment.
A crew member hugs a migrant child aboard the Aquarius rescue ship before disembarking in the port of Valencia, Spain, June 17.
Wyoming has passed several laws to make it a more friendly state for blockchain companies, the much-hyped decentralized database that records digital currency transactions. The state, dependent on fossil fuels, hopes to diversity its economy by attracting tech businesses.
In February, Congress passed a bill that would require states to spend a quarter of reemployment program budgets on "evidence-based interventions." Now, a career assistance program in Nevada that has seen remarkable success may become a federal standard.
When small businesses began to use crowdfunding platforms to kickstart their investments, the approach was hailed as the future of start-ups. But two years later, with a dearth of small investors and strict regulations eating into funds, they are losing their appeal.
Millions of Americans are still struggling to find work despite a growing economy, many of whom are clustered in cities with chronic unemployment. Local and national officials are using targeted training schemes, new investment incentives, and other strategies to create jobs.