employment

Some 1.3 million Americans applied for unemployment benefits last week as the coronavirus pandemic kept the US job market under pressure, new data show. That means workers have submitted more than 51 million initial jobless claims in 17 weeks amid the worst economic crisis since the Great Depression — a number larger than the populations …

On Thursday, the Labor Department announced the economy had added 4.8 million jobs, which in turn led to unemployment falling to 11.1%. According to many, that is a sign the economy is healing from the woes of the coronavirus shutdown. However, House Speaker Nancy Pelosi (D-CA) insists that it is not enough. During an interview …

They’re firing the American workers for foreign replacements. One of the major public utilities in the United States is firing hundreds of employees and replacing its IT workforce with contractors affiliated with some of the most egregious abusers of the H1B visa system. The Tennessee Valley Authority, which was founded in 1933 during the Great …

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, …

The US economy shrank at a 5 percent rate in the first quarter and a vastly worse performance is expected in the current three-month period, when the coronavirus pandemic began to spread across the US. The Commerce Department reported Thursday that the decline in the gross domestic product, the total output of goods and services, …

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 …