unemployment

Some 742,000 Americans applied for unemployment benefits last week as a surge in coronavirus infections threatened to shut down businesses again, the feds said Thursday. The latest batch of initial

Another 709,000 Americans applied for unemployment benefits last week as the labor market continued a slow recovery threatened by a dangerous new wave of coronavirus infections, the feds said

Some 751,000 American workers applied for unemployment benefits last week, continuing a recent decline amid a nationwide spike in COVID-19 infections.

Some 860,000 Americans applied for unemployment benefits last week as the coronavirus pandemic continued to weigh on the US labor market, the feds said Thursday. Last week’s initial jobless claims dropped from the prior week’s revised total of 893,000 but brought the total for the coronavirus pandemic to more than 61 million — a number …

The labor market’s recovery slowed this week as 884,000 Americans applied for unemployment benefits, a number higher than most experts had expected. Economists surveyed by Dow Jones predicted 850,000 first-time filings for the week. Instead, last week’s filings were unchanged from the prior seven days. The week’s filings still sit well above the pre-pandemic record …

Some 884,000 Americans applied for unemployment benefits last week as the labor market’s recovery from the coronavirus crisis stalled once again, new data show. That means a seasonally adjusted total of 60.1 million initial jobless claims have flooded unemployment offices during the COVID-19 pandemic — a number larger than the entire population of South Africa. …

The economy added 1.4 million jobs in August and new jobless claims fell below one million last week as the U.S. labor market hints at a gradual recovery from the economic devastation caused by the coronavirus pandemic. A total of 881,000 initial unemployment claims were filed during the week ending August 29, the Labor Department …

The US economy added 1.4 million jobs last month in the latest sign that the nation’s recovery from the coronavirus pandemic is losing steam, the feds said Friday. The unemployment rate dropped to 8.4 percent in August as businesses continued to reopen following lockdowns that gutted the economy this spring, according to the Bureau of …

Some 881,000 Americans applied for unemployment benefits last week as the coronavirus pandemic kept the job market under pressure, the feds said Thursday. The significant drop in initial jobless claims was likely the result of changes to how the US Department of Labor reports the weekly numbers. The agency started using a new method for …

American consumers increased their spending by just 1.9 percent in July as the economic recovery from the coronavirus pandemic lost some momentum. Last month’s $267.6 billion jump in consumer spending beat economists’ expectations for a 1.5 percent gain even as growth slowed from a strong rebound in the prior two months, the US Commerce Department …