About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, evidence that many Americans are still losing their jobs even as the economy appears to be slowly recovering with more businesses partially reopening. The latest figure from the Labor Department marked the 10th straight weekly decline in applications …
Read More »Another huge blow to US workers expected in May jobs report
America’s workers likely suffered another devastating blow in May, with millions more jobs lost to the viral pandemic and an unemployment rate near or even above 20% for the first time since the Great Depression. Economists have forecast that the government will report Friday that employers shed 8.5 million more …
Read More »US jobless claims pass 36 million after nearly 3 million more file for aid last week
Nearly three million workers in the United States filed for unemployment benefits last week as the coronavirus pandemic continued to cause one of the worst stretches of job loss in American history. More than 36 million people have sought unemployment aid since the outbreak began in the US. The unemployment …
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