employment

Another 5.2 million people filed initial unemployment benefit claims last week as the coronavirus pandemic continues to stall the economy and throw Americans out of work, according to data released Thursday by the Labor Department. The eye-popping figure for the week that ended April 11 is nevertheless under the record 6.9 million who filed two weeks …

US stocks ticked up Thursday as Wall Street tried to brush off another surge in unemployment filings amid the coronavirus crisis. The Dow Jones industrial average climbed as much as 62.01 points, or 0.2 percent, at the open despite the US Department of Labor reporting another 5.2 million initial jobless claims last week. The staggering …

More than 5.2 million Americans filed for unemployment benefits last week as the number of people put out of work by the coronavirus crisis climbed above 22 million, new federal data show. The staggering numbers from the US Department of Labor indicate 13 percent of the American workforce was sidelined in just a month as …

Unemployed and looking for health insurance? New York state has promised to help, but it may be endangering its call center workers in the process, The Post has learned. The contract workers responsible for helping the growing throngs of unemployed New Yorkers find affordable health insurance say they are taking off work to avoid catching …

The trillions of dollars in cash and loans unleashed by the Federal Reserve and US political leaders in recent weeks is meant to build a financial bridge for the country to get beyond the coronavirus pandemic and restart the economy with little or no long-term damage. But that mammoth effort is still unlikely to change …

Less than half the US jobs lost to the coronavirus crisis will be recovered by the end of next year, a new survey shows. Economists expect non-farm payrolls to shed a monthly average of more than 4.5 million jobs from April through June as the pandemic keeps the economy largely frozen, according to the National …

A New York investment firm pitched wealthy investors in recent days on a way to make returns of 22 percent to 175 percent using US government programs designed to help Americans keep their jobs and boost the coronavirus-stricken economy, according to a marketing document seen by Reuters. Following questions posed by Reuters, Arcadia Investment Partners, …

More than six million Americans filed jobless claims last week, the second highest number of initial unemployment claims filed in one week since the Department of Labor began tracking the data in 1967. Over 16 million Americans have lost their jobs over the past three weeks as states have closed businesses and implemented social-distancing measures …

More than 6.6 million people applied for unemployment benefits last week as the coronavirus crisis put nearly 17 million Americans out of work in just three weeks, new federal data show. Last week’s seasonally adjusted total added to an unprecedented surge in initial jobless claims as the pace of filings barely slowed from a record-shattering …

JPMorgan Chase top boss Jamie Dimon on Monday said he sees a “bad recession” in 2020, and that the largest US bank could suspend its dividend if the coronavirus crisis deepens. Dimon, widely regarded as the face of the US banking sector, is the most prominent voice on Wall Street so far to project that …