by Troy S. Mason | May 22, 2020 | Business News
Another 2.44 million Americans filed for initial unemployment benefits last week, bringing the total number of people who lost their job so far during the coronavirus pandemic to almost 40 million. The weekly figures, released Thursday by the Department of Labor, come amid a slew of bankruptcies and as more companies announce layoffs. While the […]
by Troy S. Mason | May 15, 2020 | Business News
Around 2.98 million Americans filed for first-time unemployment claims last week, more than economist expectations of 2.7 million, and the eighth-straight week of numbers in the millions. The weekly jobless claims total, released by the Department of Labor on Thursday...
by Troy S. Mason | May 8, 2020 | Business News
Around 3 million more workers filed for unemployment benefits for the first time last week, down slightly from 3.8 million the previous week. More than 33 million Americans have now filed for initial jobless claims since the coronavirus pandemic ripped through the...
by Troy S. Mason | May 1, 2020 | Business News
Around 3.8 million more workers filed for first-time employment benefits last week, bringing the national jobless total to a staggering 30 million — or around 18 percent of the workforce. Continuing claims, or the number of people receiving ongoing benefits, hit 18...
by Troy S. Mason | Apr 24, 2020 | Business News
The government’s $349 billion small business lending program was designed to keep merchants afloat during the COVID-19 crisis. But critics say the structure of the program allowed the haves to scoop up aid meant for the have-nots, shutting out small merchants...
