First-time filings for unemployment insurance totaled 2.44 million last week, about in line with economist estimates. That brings the total filings during the coronavirus pandemic to 38.6 million. However, the total has fallen for seven MORE
The hazard pay is disappearing. The hazard is not. Some essential employees across the U.S. have received bonuses or pay bumps to compensate for the risk that comes with clocking in at supermarkets, hospitals and MORE
Nearly 3 million laid-off workers applied for U.S. unemployment benefits last week as the viral outbreak led more companies to slash jobs even though most states have begun to let some businesses reopen under certain MORE
The US economy lost 20.5 million jobs in April, the Bureau of Labor Statistics said Friday — by far the most sudden and largest decline since the government began tracking the data in 1939. Those losses follow MORE
Private payrolls hemorrhaged more than 20 million jobs in April as companies sliced workers amid a coronavirus-induced shutdown that took most of the U.S. economy offline, according to a report Wednesday from ADP. In all, MORE
Millions more Americans filed for unemployment benefits last week, sending the six-week total above 30 million since the coronavirus pandemic began to shutter businesses across the country. Initial jobless claims totaled 3.84 million in the MORE
The fallout from the deadly coronavirus caused the U.S. economy to contract 4.8 percent from January through March, the deepest decline since the depths of the financial crisis more than a decade ago, the Commerce Department said MORE
Some of the richest people in the US have been at the front of the queue as the government has handed out trillions of dollars to prop up an economy it shuttered amid the coronavirus MORE
“We are fully committed to ensuring that you and your family have the support you need to get through this time.” If you’re getting money from the federal government as part of the recent stimulus MORE
Trump signed a $484 billion aid package into law Friday that provides emergency relief for hospitals and small businesses stretched thin by the coronavirus outbreak — the fourth rescue bill enacted by the government since MORE
Weekly jobless claims totaled 4.4 million last week, slightly more than expected. The five-week total is now 26.4 million, more than all of the jobs added since the Great recession. The totals remain elevated as MORE
An heir to the Walt Disney fortune has criticised the company for protecting executive bonuses and dividends of more than $1.5bn (£1.2bn) while cutting the pay of more than 100,000 workers to help weather the MORE
Lack of Modernization in Many States is Causing Big Problems Source: Colorado — like most states and territories across the country — is experiencing record unemployment numbers. But the state’s unemployment system is built on MORE
Protection measures against the coronavirus continued to tear through the employment ranks, with 5.245 million more Americans filing first-time claims for unemployment insurance last week, the Labor Department reported Thursday. The new filings bring the MORE
The Treasury Department has ordered President Trump’s name be printed on stimulus checks the Internal Revenue Service is rushing to send to tens of millions of Americans, a process that could slow their delivery by MORE
If you check your bank account and find your stimulus check deposited, you may be among the first taxpayers to receive a stimulus check. The first stimulus checks were deposited into bank accounts starting last MORE
The Postal Service’s decades-long financial troubles have worsened dramatically as the volume of the kind of mail that pays the agency’s bills ― first-class and marketing mail ― withers during the pandemic. The USPS needs MORE
Is the Fed’s massive coronavirus stimulus package helping the ultra-rich at the expense of ordinary American workers? That’s what Chamath Palihapitiya, chief executive of venture-capital firm Social Capital LP, argued Thursday. “On Main Street today, MORE
But it will all come roaring back….right??? Jobless rolls continued to swell due to the coronavirus shutdown, with 6.6 million Americans filing first-time unemployment claims in the week ended April 4, the Labor Department reported MORE
Feedback from small businesses on day one of their being able to apply for the Paycheck Protection Program–part of the $2 trillion relief package (the Coronavirus Aid, Relief and Economic Security Act, aka CARES Act) MORE
Though it’s just a four-minute drive across the lagoon from Mar-a-Lago, President Donald Trump’s private club, and ten minutes from the Palm Beach outposts of Chanel and Louis Vuitton, Howley’s diner has become an emblem of America’s stark new economic MORE
For the first time in nearly a decade, the U.S. suffered a net loss of jobs as the coronavirus began to take hold in the country. But a monthly snapshot from the Labor Department shows only the MORE
The torrent of Americans filing for unemployment insurance skyrocketed last week as more than 6.6 million new claims were filed, the Labor Department reported Thursday. That brings to 10 million the total Americans who filed MORE
The global economy, heading for its worst year since the end of the Second World War, could “take years” to fully recover to its pre-coronavirus norms, economists warned. The consultancy Capital Economics said in an MORE
KEY POINTS The number shatters the Great Recession peak of 665,000 in March 2009 and the all-time mark of 695,000 in October 1982. Claims had been expected to hit a record 1.5 million for the MORE