The Great Depression
The frame of new home under construction sits in a neighborhood under development in north Dallas, Thursday, April 15, 2021. The first numbers from the 2020 census show southern and western states gaining congressional seats. The once-a-decade head count shows where the population grew during the past 10 years and where it shrank. (AP Photo/LM Otero)
US marks slowest population growth since the Depression

By Mike Schneider And Nicholas Riccardi Apr. 27, 2021 12:23 AM EDT

In this image from video provided by the U.S. Census Bureau, acting director of the U.S. Census Bureau Ron Jarmin speaks as a graphic showing the U.S. population as of April 1, 2020, is displayed during a virtual news conference Monday, April 26, 2021. The Census Bureau is releasing the first data from its 2020 headcount. (U.S. Census Bureau via AP)
US marks slowest population growth since the Depression

By Mike Schneider And Nicholas Riccardi Apr. 26, 2021 03:43 PM EDT

UN forecasts 4.7% global economic growth in 2021

By Edith M. Lederer Jan. 25, 2021 09:03 PM EST
UNITED NATIONS (AP) — The United Nations warned Monday that the world economy is “on a cliffhanger,” still reeling from the COVID-19 pandemic whose impact will...

FILE - In this Nov.13, 2018 file photo, Jihad Azour, the IMF's director of the Middle East and Central Asia Department reacts during his press conference in Dubai, United Arab Emirates. The coronavirus pandemic is hitting countries in the Middle East in wildly different ways, but nearly all are in the throes of an economic recession this year and all but two, Lebanon and Oman are expected to see some level of economic growth next year, according to the latest report published by the International Monetary Fund on Monday, Oct. 19, 2020. (AP Photo/Kamran Jebreili, File)
IMF: Nearly all Mideast economies hit by pandemic recession

By Aya Batrawy Oct. 19, 2020 06:01 AM EDT

FILE - In this Feb. 14, 2020, file photo, Kristalina Georgieva, Managing Director of the International Monetary Fund, attends a session on the first day of the Munich Security Conference in Munich, Germany. Georgieva said that the global economy has started on a long climb to stronger growth with prospects looking a little better than four months ago. Georgieva said Tuesday, Oct. 6 that global economic activity suffered an unprecedented fall in the spring when 85% of the global economy was in lockdown for several weeks but currently the situation is “less dire” with many countries seeing better-than-expected rebounds in recent weeks (AP Photo/Jens Meyer, File)
IMF envisions a sharp 4.4% drop in global growth for 2020

By Martin Crutsinger Oct. 13, 2020 08:31 AM EDT

Treasury Secretary Steven Mnuchin, left, greets Federal Reserve Chair Jerome Powell with an elbow bump before the start of a House Financial Services Committee hearing about the government’s emergency aid to the economy in response to the coronavirus on Capitol Hill in Washington on Tuesday, Sept. 22, 2020. (Joshua Roberts/Pool via AP)
Powell and Mnuchin voice optimism but back more economic aid

By Martin Crutsinger Sep. 22, 2020 12:05 PM EDT

A woman walks past a lease sign at a commercial building in Sydney, Wednesday, Sept. 2, 2020. Australia's economy has suffered its sharpest quarterly drop since the Great Depression because of the pandemic, with data released on Wednesday confirming the country is experiencing its first recession in 28 years. (AP Photo/Rick Rycroft)
Australia's economy takes sharpest dive since the 1930s

By Rod Mcguirk Sep. 02, 2020 12:02 AM EDT

A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Monday, June 29, 2020. Shares fell Monday in Asia, tracking losses on Wall Street as rising virus cases cause some U.S. states to backtrack on pandemic reopenings. (AP Photo/Eugene Hoshiko)
Asian shares slide, following Wall St selloff on virus fears

By Elaine Kurtenbach Jun. 28, 2020 11:56 PM EDT

FILE - In this April 30, 2020, file photo, a store with a "Going out of Business," sign is shown n North Miami Beach, Fla. The International Monetary Fund has sharply lowered its forecast for global growth this year because it envisions far more severe economic damage from the coronavirus than it did just two months ago. (AP Photo/Wilfredo Lee, File)
IMF downgrades outlook for global economy in face of virus

By Martin Crutsinger Jun. 24, 2020 09:03 AM EDT

World Bank: world will suffer largest downturn since 1940s

By Martin Crutsinger Jun. 08, 2020 11:15 AM EDT
WASHINGTON (AP) — The World Bank said Monday the world is facing an unprecedented health and economic crisis that has spread with astonishing speed and will...

Migrant workers rest inside a tent before traveling in a Shramik train arranged to transport them to their home states, at a railway station in Gauhati, India, Thursday, May 28, 2020. Rural villages across India are seeing an increase in cases with the return of hundreds of thousands of migrant workers who left cities and towns where they were abandoned by their employers after having toiled for years building homes and roads. India sees no respite from the coronavirus caseload at a time when the two-month-old lockdown across the country is set to end on Sunday. (AP Photo/Anupam Nath)
UN chief warns leaders pandemic may cause historic famine

By Edith M. Lederer May. 28, 2020 05:52 PM EDT

This May 5, 2020, photo shows Lance Chang playing a ukulele during a livestream performance of his family's band, Kanilau, from the living room of his father Roland Chang's home in Honolulu. The coronavirus pandemic has taken out large sections of Hawaii's tourism-based economy, including the Chang family's turtle and dolphin snorkel tour business and their regular music gig in Waikiki. (AP Photo/Audrey McAvoy)
Pandemic job losses hit tourism-dependent states hardest

By Scott Sonner And Audrey Mcavoy May. 22, 2020 04:16 PM EDT

Nevada's 28% joblessness is worst in US and in state history

By Scott Sonner May. 22, 2020 11:55 AM EDT
RENO, Nev. (AP) — More than one-fourth of Nevada’s workers don't have jobs after the state's unemployment rate hit 28.2% in April — the highest in the U.S. and...

Wisconsin unemployment rate hits 14.1% in April

By Scott Bauer May. 21, 2020 01:03 PM EDT
MADISON, Wis. (AP) — Wisconsin's unemployment rate hit 14.1% in April, a level not seen since the Great Depression, the state Department of Workforce...

A migrant laborer's family ia silhouetted as they proceed towards their village on foot, following a lockdown amid concern over spread of coronavirus in New Delhi, India, Saturday, March 28, 2020. Some of India's legions of poor and others suddenly thrown out of work by a nationwide stay-at-home order began receiving aid on Thursday, as both public and private groups worked to blunt the impact of efforts to curb the coronavirus pandemic. The measures that went into effect Wednesday, the largest of their kind in the world, risk heaping further hardship on the quarter of the population who live below the poverty line and the 1.8 million who are homeless. (AP Photo/Altaf Qadri)
UN forecasts pandemic to shrink world economy by 3.2%

By Edith M. Lederer May. 13, 2020 12:42 PM EDT

FILE - This Aug. 11, 2019 file photo shows credit cards in New Orleans. U.S. consumer borrowing fell in March for the first time in more than eight years, with the category covering credit cards dropping by the largest amount in over three decades, the Federal Reserve reported Thursday, May 7, 2020. (AP Photo/Jenny Kane, file)
Why prospect of deflation could pose a threat to US economy

By Martin Crutsinger May. 12, 2020 09:39 AM EDT

In this May 7, 2020, photo, the entrance to the Labor Department is seen near the Capitol in Washington. The record unemployment rate reflects a nation ravaged by the coronavirus pandemic, the economic devastation upending the presidential campaign and forcing President Donald Trump to overcome historic headwinds to win a second term. (AP Photo/J. Scott Applewhite)
Historic unemployment rate upends Trump's reelection bid

By Jonathan Lemire, Josh Boak And Bill Barrow May. 09, 2020 12:44 AM EDT

FILE - In this March 26, 1937, file photo, Works Progress Administration (WPA) workers make copper utensils for Pima County Hospital in Texas. The New Deal was a try-anything moment during the Great Depression that remade the role of the federal government in American life. (AP Photo, File)
Out of pandemic crisis, what could a new New Deal look like?

By Michael Tackett And Josh Boak Apr. 25, 2020 09:58 AM EDT

FILE - In this April 15, 2020, file photo, passengers from Wuhan arrive at the train station in Beijing. Getting into Wuhan was the easy part as new infections had fallen to almost zero and travel restrictions were relaxed. As a 76-day lockdown neared its end, journalists were allowed to return to the Chinese city where the coronavirus pandemic originated. But getting out was proving harder. The bureaucracy had yet to finalize how people would safely organize their return and three official documents were needed: A green health code, home neighborhood approval and a recent nucleic acid test. (AP Photo/Sam McNeil, File)
What you need to know today about the virus outbreak

By The Associated Press Apr. 23, 2020 09:12 AM EDT

A masked worker at this state WIN job center in Pearl, Miss., holds an unemployment benefit application form as she waits for a client, Tuesday, April 21, 2020. The job centers lobbies are closed statewide to prevent the spread of COVID-19. However the continuing growth of unemployment demands and now additional assistance for self-employed, church employees, gig workers, and others who were previously ineligible for unemployment assistance has drawn some people to the centers for information and to obtain and submit unemployment benefit applications. (AP Photo/Rogelio V. Solis)
26 million have sought US jobless aid since virus hit

By Christopher Rugaber Apr. 23, 2020 07:29 AM EDT