unemployment

The US economy may not shake its bad case of the coronavirus for another two and a half years, a new economic forecast warns. The nation is in for a gradual economic recovery from the “depression-like crisis” sparked by the pandemic, with production and employment likely to remain under pressure through the end of 2022, …

Some 1.48 million Americans applied for unemployment benefits last week as the labor market’s recovery from the coronavirus pandemic began to stall, new data show. Thursday’s figure from the US Department of Labor brought the number of initial jobless claims filed during the crisis to 47.2 million — more than the population of Spain. While …

Sheltering in place is causing Americans to get a little, well, squirrelly. So many folks have time on their hands because of coronavirus-spurred joblessness and lockdowns, they’re paying more attention to the bushy tailed rodents scampering outside their windows — and opening their wallets to make them happy, according to a Wall Street Journal story Friday. …

New jobless claims topped 1 million for the 13th-straight week, the Labor Department revealed Thursday, as 1.5 million additional Americans requested unemployment benefits in the second week of June. The Labor Department also said that while new claims fell by 58,000 from the last release, 20.5 million people continued to receive benefits — a relatively …

Read More: March jobs report numbers might appear better than reality Coronavirus puts 4.4 million more out of work, bringing crisis total to 26 million US workers file 1.5 million jobless claims as crisis total tops 44 million US workers file 1.3 million jobless claims as coronavirus total tops 51 million

The Labor Department announced Thursday that 1.5 million Americans filed new unemployment claims last week, the tenth straight week of declining jobless numbers since the economy was forced to shutter due to the coronavirus pandemic. Thursday’s numbers were lower than most estimates, falling by 355,000 from the previous week’s total of 1.9 million. Continuing jobless …

Some 1.5 million Americans applied for unemployment benefits last week even as the US emerged from its coronavirus lockdown, the feds said Thursday. Thursday’s figures from the US Department of Labor show more than 44 million people — or roughly 28 percent of the US workforce — tried to join the nation’s unemployment rolls in …

The unemployment rate dropped over the past month as the economy added 2.5 million jobs, defying predictions of additional layoffs in the wake of the coronavirus pandemic. Unemployment now sits at 13.3 percent, falling from 14.7 percent in April. Many economists had expected the unemployment rate to reach 20 percent or higher. The Bureau of …

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the national and global response, the workplace and the spread of the virus. JOB CONCERNS: Mall operator CBL & Associates warned Friday in a regulatory filing that there’s “substantial doubt” that it will …

Another 1.9 million Americans filed for unemployment benefits last week, bringing the total of jobless claims since the coronavirus pandemic began up to 42 million. The level of new claims outpaced the Dow Jones estimate of 1.775 million. However, last week’s new claims were still lower than the previous week’s total, which were revised upwards …