WASHINGTON -- Nearly 10 million Americans have lost their jobs and applied for unemployment benefits in the past two weeks - a stunning record high that reflects the near-complete shutdown of the U.S.
More than 42 million Americans have filed for unemployment since mid-March, when the coronavirus pandemic shut down virtually all nonessential businesses in the U.S. The massive scale of rapid ...
Nearly 3.3 million Americans applied for unemployment benefits last week - almost five times the previous record set in 1982 - amid a widespread economic shutdown caused by the coronavirus. The surge ...
The U.S. has notched healthy payroll gains three months in a row after months of swinging between gains and losses. While the ...
Hiring around the U.S. in April was much weaker than most economists expected, with employers adding 266,000 jobs, a Labor Department report showed on Friday. Some forecasters had predicted payroll ...
It’s not just the price of paying out benefits Stephen Simpson, CFA, has 15+ years of experience in financial publishing and editing. He is the operator of the Kratisto Investing blog. Toby Walters is ...