America’s stunning unemployment surge during coronavirus, visualized Economists say the percentage of people out of work has soared since then. “It’s fair to say we’re […]
Tag: unemployment
The coronavirus economic crisis is here. Unemployment office workers are on the front lines.
When Simone Nelson was finally able to reach someone from the unemployment office in New York state on Tuesday, she was overjoyed. Nelson, 22, had […]
As unemployment skyrockets, should the government be doing more to supplement companies?
With March’s 701,000 job loss characterized by many as just the tip of the iceberg, experts are re-evaluating the best way to keep Americans at […]
Out of work because of coronavirus, struggling to file for unemployment
“States are having a real problem right now,” said Heidi Shierholz, an economist with the Economic Policy Institute, a liberal-leaning think tank. “We are in […]
Nearly half of states don’t have enough funds to pay all those unemployment claims
Even as states are struggling to process a record number of jobless claims, experts warn that even greater challenges loom: A Labor Department report found […]
Wall Street posts modest gains after volatile day and brutal unemployment data
Wall Street posted modest gains on Thursday, after a volatile day that included brutal unemployment data that showed 6.6 million Americans filed for first-time jobless […]
A record 6.6 million Americans filed for unemployment last week
A record 6.6 million Americans filed for unemployment benefits last week, the latest brutal reminder of the toll the coronavirus pandemic is taking on the […]
Coronavirus job losses could total 47 million, unemployment rate may hit 32 percent, Fed estimates
Millions of Americans already have lost their jobs due to the coronavirus crisis — and the worst of the damage is yet to come, according […]
Out of work due to coronavirus shutdowns? How to file for unemployment benefits
The record-shattering spike in unemployment filings this week means a surge in Americans seeking assistance as the coronavirus pandemic triggers businesses to initiate layoffs and […]
Stock market attempts a rally, amid record-shattering unemployment figures
Wall Street attempted a rally Thursday morning, despite record-breaking unemployment claims that revealed the extent to which the economy has ground to halt due to […]
More than 3 million Americans filed for unemployment claims last week
More than 3 million Americans filed for unemployment last week, according to new data released Thursday. The massive spike in new jobless claims comes as […]
Trump administration warns of 20 percent unemployment rate
WASHINGTON — Trump administration officials warned Senate Republicans on Tuesday that the coronavirus outbreak in the United States could cause the unemployment rate to reach […]
U.S. ‘will not have’ unemployment rate of 20 percent, Mnuchin says
The U.S. will not see unemployment levels of 20 percent, Treasury Secretary Steven Mnuchin clarified Wednesday, just one day after issuing a stark warning about […]