unemployment
unemployment Articles
The Labor Department's report of more than 3 million jobless claims for the week ending May 2, 2020, actually might have some good news in it.
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Outplacement firm Challenger, Gray & Christmas reported Thursday that more than 670,000 job cuts were announced in April, the highest total ever. Just over 98% of the cuts were related to the...
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Due to the timing of the reporting periods, this ghastly ADP report might not even capture the true carnage in the American jobs market.
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About 30 million people have filed for weekly jobless claims since the beginning of March as the recession continues to rage, including almost 4 million people who filed for unemployment benefits...
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The number of weekly jobless claims in the past month has been nothing short of mind-boggling. Thursday’s top economic report was the weekly jobless from the U.S. Department of Labor, and its...
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If there is one type of job that is supposed to be considered “safe” and “essential” it would probably be a government job. What if government jobs in this instant recession are now likely to...
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Walt Disney shares sank on Monday after it was reported that the Mouse House would stop sending paychecks to more than 100,000 employees.
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The U.S. Department of Labor reported on Thursday that weekly jobless claims totaled more than 5 million last week. That was less than in the prior week but more than the forecasts.
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Announced job cuts due to the COVID-19 outbreak totaled 244,000 in the first two weeks of April, an increase of 11% over job losses announced for all of March.
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It should now be little or no surprise that the United States is in a recession, and it should not be a surprise that the forecasters are calling for a "contractionary state" for the first half of...
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Just when you hoped or thought things could not get worse on the jobless and unemployment news, they did. Weekly jobless claims hit a whopping 6.6 million last week.
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Summer jobs could fall by half year over year as the U.S. economy continues to struggle with the coronavirus outbreak.
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TJX says it will furlough a majority of its employees, most from its stores and distribution centers, but top executives will not get by unscathed.
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The jobless rate will soar for months, as millions of workers in deeply wounded industries and in companies trying to preserve cash are pushed off the payroll.
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Unemployment skyrocketed and payrolls began a major retreat in March. Sadly, the reported numbers are just the start as they did not include the most recent data.
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