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The U.S. unemployment rate dropped from 11.1 percent to 10.2 percent in July, beating economists’ predictions even as many states have paused or reversed their reopenings in light of coronavirus case spikes. Employers added 1.8 million jobs in July, according to the Labor Department’s Friday jobs report, a significant slowing down from the 4.8 million …
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The US economy’s growth slowed in July, adding just 1.8 million jobs following skyrocketing numbers of COVID-19 cases in states like Texas and Florida. The unemployment rate dropped to 10.2 percent, from 11.1 percent in June, data from the Bureau of Labor Statistics show. The numbers are the first look at the economy following the …
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Weekly unemployment claims fell last week to their lowest level since the coronavirus pandemic began, although claims continue to be filed at a rate unprecedented before the U.S. outbreak began. Initial jobless claims totaled 1.186 million for the week ending August 1, below the 1.42 million economists had expected and about 249,000 less than the …
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The number of Americans applying for unemployment benefits topped 1 million for the twentieth straight week — bringing the total number of initial jobless claims filed during the coronavirus pandemic to more than 55 million. An additional 1.186 million people filed for unemployment last week, according to the US Department of Labor. The unemployment rate …
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With more than 30 million Americans on some form of unemployment benefits, the additional $600 per-week unemployment insurance boost expired Friday as partisan fighting has marred the path forward on a new coronavirus relief deal. While Democrats have proposed extending the $600 benefit, which began in March, until January, most Republicans have called the benefits …
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Some 1.43 million Americans applied for unemployment benefits last week, pushing the number of initial jobless claims filed during the coronavirus pandemic above 54 million, new data show. Last week marked the second consecutive week with an increase in new jobless filings, a further indication that the economic recovery from the pandemic is faltering. “Jobs …
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West Hollywood, Calif., community leaders are warning Chateau Marmont not to “retaliate” against laid-off staff who protest because the famed hotel hasn’t provided them with health care during the pandemic. We’re told that on Thursday, 300 community members — including 32 clergy members and candidates for West Hollywood city council — sent a letter to …
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Senate Republicans are at odds over whether to extend the expanded unemployment benefits Congress passed in March to mitigate the economic toll on workers who were laid off during the coronavirus pandemic. Americans who have recently lost their jobs are currently receiving an extra $600 a week in jobless benefits, which are due to run …
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About 1.4 million Americans applied for unemployment benefits once again last week, new data show — a troubling sign that the nation’s recovery from the coronavirus crisis is unraveling. Workers now have filed more than 52 million initial jobless claims since layoffs spiked in mid-March, suggesting about a third of the American labor force has …
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The number of initial jobless claims recorded last week stood at 1.3 million, down 10,000 from the previous week and signaling a possible stall in labor market recovery. While initial claims have declined drastically since the coronavirus pandemic caused mass closures of businesses, the decline has leveled off in recent weeks, according to data released …