On December 31 2020, the newsrack service will be shut down permanently.

It has been a nice long run from the Sarai days in 2004 to being hosted on its own domain around 2006. Beside maintenance, there has been no real active development on the code or the features since early 2008. Since 2015, even all that maintenance was pretty bare bones. A lot of news sources no longer provide reliable RSS feeds and since mid 2018, there were growing issues with the service and I only kept it alive to assist a handful of users.

So, it is time to shut this down. The internet world in 2020 is vastly differently from 2003 when I first conceptualized this service. Thanks for using this all these years.

If you need to access any data, email me: subbu at newsrack.in

User: newstrust Topic: Personal Finance
Category: Unemployment
Last updated: Nov 27 2020 07:46 IST RSS 2.0
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New jobs in UK hospitality sector 'non-existent' 26.11.2020 BBC: Business
Recruitment firms say restaurants, bars and hotels are the worst-hit.
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New US jobless claims at 778,000, second week of increase 25.11.2020 Raw Story
New applications for jobless aid in the United States saw their second back-to-back weekly increase, according to government data released Wednesday, raising concerns that a renewed economic downturn is beginning. The Labor Department said 778,000 seasonally adjusted initial claims were filed in the week ended November 21, more than analysts had forecast and an increase […]
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California employers bring back workers, but recovery worries linger 21.11.2020 LA Times: Health

California's economy perked up in October, as employers brought back tens of thousands of furloughed workers. But the state has regained less than half the jobs it lost in the spring's catastrophic coronavirus downturn.

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What a Biden presidency may mean for your money, taxes and the economy 17.11.2020 Chicago Tribune: Business
Here’s what you need to know about Presdient-elect Joe Biden’s wallet-impacting policy proposals and how likely they are to pass once he’s sworn in Jan. 20.
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Why Republicans and others concerned about the economy have reason to celebrate Biden in the White House 9.11.2020 Raw Story
On day one, a newly inaugurated President Joe Biden will have to address a devastated economy – much like he and former President Barack Obama did a decade ago. What can the country expect? Forecasting how the economy will perform under a new president is generally a fool’s errand. How much or how little credit […]
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Presidents presiding over recessions usually lose in a landslide — so why didn’t Donald Trump? 7.11.2020 Raw Story
It is something of an axiom in American presidential election years that if the economy is in poor shape, the incumbent party will lose. And indeed, as Americans cast their votes earlier this week, the United States was facing a recession largely due to President Donald Trump’s bungling pandemic response — while what little economic […]
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Opinion: Jobs are going up, as are COVID-19 cases. Sadly, that's no coincidence 7.11.2020 LA Times: Opinion

The parallel results: Many Americans have gone back to work, bringing the unemployment rate down to 6.9%; and many Americans have contracted COVID-19.

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Unemployment Falls to 6.9 Percent — But Don’t Expect Improvements to Last 6.11.2020 Truthout.com
With COVID-19 numbers hitting new records almost daily, the future is anything but certain when it comes to ...
Unemployment drops to 6.9% as US adds a solid 638,000 jobs 6.11.2020 Chicago Tribune: Business
The Labor Department said the unemployment rate fell to 6.9% from 7.9% in September. The jobs gain suggested that a tentative economic recovery may remain intact even in the face of a surging viral outbreak.
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Bank of England injects extra £150bn into economy 5.11.2020 BBC: Front Page
Policymakers keep interest rates at a record low of 0.1% as a second lockdown begins.
Donald Trump Jr. claims generations will be hurt by a COVID-19 lockdown — but they already have been 3.11.2020 Raw Story
President Donald Trump’s son, Don Jr., spoke to Fox Business as east coast polls were opening, claiming that if the country were to lockdown again it would destroy the lives of Americans for generations. Hyperbole is frequent among the Trump family, but even his claim ignores the realities of what has happened under the coronavirus […]
As the pandemic wears on, more working moms are forced to quit their jobs, and the impact of the ‘shecession’ could be long-lasting 2.11.2020 Chicago Tribune: Business
Women are not only bearing the majority of job losses during the coronavirus pandemic, some are being forced to leave their jobs to care for their children full-time, potentially setting workplace gains for women back years.
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Second stimulus check updates: What if we kicked out politicians with economic relief that kicks in automatically? 30.10.2020 Chicago Tribune: Business
The standoff over pandemic relief measures in the U.S. is winning new support for an old idea: that fiscal stimulus should be tied to the state of the economy.
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As GDP data shows economy still in a deep hole, Trump denounced for ‘trying to mislead the public by claiming an economic miracle’ 30.10.2020 Raw Story
As President Donald Trump on Thursday predictably wasted no time celebrating new figures showing a record-breaking GDP surge in the third quarter and working the data into his last-minute campaign pitch, analysts and lawmakers pushed back by placing the numbers into the broader context of an economy coming off the worst quarter in U.S. history […]
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Government support 'essential' for UK economy, says IMF 29.10.2020 BBC: Business
The International Monetary Fund also says the UK's recession will be more severe than it predicted.
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Final pre-election economic reports: Jobless claims fall, GDP rebounds — but COVID-19 endangers recovery 29.10.2020 Chicago Tribune: Business
Financial reports released Thursday by the Labor and Commerce departments paint a mixed picture of the pandemic-hit U.S. economy.
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Trump vs. Obama: Who has the better record on the U.S. economy? 28.10.2020 LA Times: Business

In the three years before COVID-19, the U.S. economy under Trump performed about the same as it did during the last three years of Obama's presidency.

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No Matter How the President Spins It, the Trump Economy Is Busted 24.10.2020 Truthout.com
From his handling of COVID to his attacks on labor and environmental regulations, the president has been a job ...
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Waitrose and Co-op cut prices for 'tough times' 21.10.2020 BBC: Business
The supermarkets are dropping prices in time for Christmas as many shoppers count their pennies.
CNN: Mitch McConnell Warned Trump Not To Make Stimulus Deal Before Election 21.10.2020 Crooks Liars
New Day's John Berman talked about the stimulus package that Republicans are so reluctant to pass. "So talks resume this morning on a new relief package to help millions of struggling Americans. Multiple sources, though, tell CNN that the Senate majority leader Mitch McConnell is warning the White House not to get behind a deal at the risk of dividing Senate Republicans before the election," Berman said, bringing on Sen. Chris Coons. "Let me read you a little bit of CNN's reporting on what's going on in the Senate in regards to this relief package. At a closed-door lunch on Tuesday, he said he warned the White House against getting behind such a proposal before November 3rd that would badly divide Senate Republicans. So McConnell isn't jumping up and down about this. What do you want this morning?" Coons said he wanted "real progress" for Americans who are struggling through the pandemic recession. "We have more than 25 million Americans on unemployment right now. More than 8 million Americans infected. ...
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