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Five times worse than 1982 record: 3 million plus “nonessential” workers file for unemployment

Unemployment due to “nonessential” workers filing amid the coronavirus pandemic has surpassed 3 mi.....»»

Category: blogSource: valuewalkMar 26th, 2020

3.3 million Americans filed for unemployment — and an economist predicts it could be far worse than the Great Recession

A record-breaking 3.3 milli.....»»

Category: topSource: businessinsiderMar 26th, 2020

3 million “nonessential” workers file for unemployment

Unemployment due to “non.....»»

Category: blogSource: valuewalkMar 26th, 2020

Economic Report: A record 3.28 million Americans applied for unemployment benefits last week due to coronavirus

The number of Americans who applied for unemployment benefits last week rocketed to a record 3.28 million as large parts of the U.S. economy shut down and companies laid off scores of workers to cope with the coronavirus pandemic......»»

Category: topSource: marketwatchMar 26th, 2020

Jobless claims soar to record 3.3 million as layoffs jump

Nearly 3.3 million Americans applied for unemployment benefits last week — more than quadruple the previous record set in 1982 — amid a widespread economic shutdown caused by the coronavirus. .....»»

Category: topSource: moneycentralMar 26th, 2020

US jobless claims soar to record 3.3 million as layoffs jump

Nearly 3.3 million Americans applied for unemployment benefits last week — more than quadruple the previous record set in 1982 — amid a widespread economic shutdown caused by the coronavirus. .....»»

Category: topSource: moneycentralMar 26th, 2020

These are the jobs displaced workers are taking as lockdowns ease

With unemployment at record levels in most states and reopening phases underway across the country, a number of Americans are pursuing newly created coronavirus-related jobs.   More than half of American workers have lost a job, hours or income due.....»»

Category: topSource: bizjournals4 hr. 27 min. ago

CityWatch: New York’s unemployment rate rose sharply to 14.5% in April, the highest ever on record

Workers in restaurants, nightlife, leisure, tourism and manufacturing across the U.S. have been some of the worst hit by layoffs......»»

Category: topSource: marketwatchMay 22nd, 2020

Trump Admin Fails to Stand Up for Workers?

Despite 2.4 million more Americans claiming unemployment this week — bringing the total to 38 million during the crisis — the Trump administration has shown little... The post Trump Admin Fails to Stand Up for Workers? appear.....»»

Category: blogSource: valuewalkMay 22nd, 2020

Americans file 2.4 million jobless claims

The number of Americans claiming unemployment benefits rose again last week as, pointing to another month of staggering job losses in May. Fred Katayama reports......»»

Category: videoSource: reutersMay 22nd, 2020

Kansas, Missouri unemployment claims continue to climb

Nearly 3 million people filed initial unemployment claims last week, the Labor Department announced Thursday.  The jump brings national eight-week total to more than 36 million people, according to The New York Times. The seasonally adjusted insured.....»»

Category: topSource: bizjournalsMay 14th, 2020

Another 3 million Americans file jobless claims as layoffs continue to ravage economy

Another 3 million workers sought unemploym.....»»

Category: topSource: usatodayMay 14th, 2020

April jobs report to show record unemployment from coronavirus

In the harshest downturn for American workers in U.S. history, employers cut in April and the unemployment rate more than tripled to 14.7%. Back in February, before the coronavirus<…; pandemic... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMay 10th, 2020

"Like nothing that has ever been seen before": Here"s what 4 economists said about Friday"s April jobs report

Reuters Friday's April nonfarm payroll report from the Labor Department was dismal — the US economy lost a record 20.5 million jobs, and the unemployment rate surged to 14.7%. "The size of the devast.....»»

Category: topSource: businessinsiderMay 9th, 2020

San Diego Unemployment Rate Nearly 27%, Breaking County Record Set During Great Depression

San Diego Unemployment Rate Nearly 27%, Breaking County Record Set During Great Depression With the worst jobs report in history under our belt, which saw a record 20.5 million jobs lost in April, an.....»»

Category: blogSource: zerohedgeMay 8th, 2020

SURVIVING LAYOFFS: What you need to know before, during, and after cutbacks at your company to find a new job quickly

REUTERS/Susana Vera The US is seeing record levels of job loss. In April alone, Americans lost 20.5 million jobs, pushing the unemployment rate to 14.7%, the highest since the Great Depression, according to Labor Department data. If you've been lai.....»»

Category: topSource: businessinsiderMay 8th, 2020

Coronavirus update: U.S. economy sheds record-setting 20.5 million jobs and New York child dies of condition linked to virus

The U.S. Labor Department said the pandemic cost 20.5 million jobs in April, pushing the unemployment rate to a post–World War II high and deepening the economic crisis, while in New York, a child died of a rare condition linked to the virus......»»

Category: topSource: marketwatchMay 8th, 2020

Economic Report: Great Depression 2020? The unofficial U.S. jobless rate is at least 20%—or worse

The U.S. unemployment rate exploded to 14.7% in April after more than 20 million jobs were lost to the coronavirus, but that is just the official number. The real jobless rate was at least 20%......»»

Category: topSource: marketwatchMay 8th, 2020

Unemployment hits record 14.7% in April. How long before 20.5 million lost jobs come back?

Analysts say steep jump in unemployment and layoffs caused by the pandemic will be hard to reverse quickly. Analysts say steep jump in unemployment and layoffs caused by the pandemic will be hard to reverse quickly......»»

Category: topSource: latimesMay 8th, 2020

Worst Jobs Report In History: 20.5 Million Jobs Lost As Unemployment Rate Hits Record 14.7%

Worst Jobs Report In History: 20.5 Million Jobs Lost As Unemployment Rate Hits Record 14.7% .....»»

Category: blogSource: zerohedgeMay 8th, 2020

Unemployment surged to 14.7% in April as the US lost a record 20.5 million jobs

Associated Press The US Bureau of Labor Statistics on Friday said the US unemployment rate spiked to 14.7% in April as the co.....»»

Category: topSource: businessinsiderMay 8th, 2020