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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

LONDON — Yadeen Rashid was flying high in February. He’d just earned stellar grades in his latest semester at Virginia Tech University, where he’s in his third year double majoring in economics and political science. And he’d just landed a summer internship at a data analysis company. Then the pandemic hit, triggering lockdown restrictions and …

A former adviser to Steve Jobs has joined the Facebook pile-on, accusing the social networking giant of failing to better police incendiary posts and misinformation because that keeps its users hooked on the site. Facebook is “peddling in an addictive drug called anger” and is “destroying the very fabric of democracy, destroying the very fabric of …

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the national and global response, the workplace and the spread of the virus. JOB CONCERNS: Mall operator CBL & Associates warned Friday in a regulatory filing that there’s “substantial doubt” that it will …

As US businesses reopen after weeks of pandemic lockdowns, many have been posting coronavirus disclaimers or requiring employees and patrons to sign waivers before entering. From hair salons and recreation centers to stock exchanges and wedding photographers, the notices have sprung up across the country, asking guests to acknowledge they might contract a disease that …

The coronavirus crisis has put more than 40 million Americans out of work, according to new federal data showing another 2.1 million people applied for unemployment benefits last week. The workers sidelined by the pandemic in the past 10 weeks now outnumber the entire population of California and account for roughly 26 percent of the …

With more than one in six young people out of work, international leaders on Wednesday warned of the repercussions of creating a “lockdown generation” of young people who struggle to find work. The United Nation’s International Labor Organization issued the grim prediction in a report showing that more than one in six young people have …

Workers with the least education have been hit particularly hard by the economic devastation caused by the coronavirus pandemic, the jobless rate for workers with a high school degree rose to more than twice the rate for those with a college degree in April. As the coronavirus caused states to issue lockdown orders and all …

The coronavirus has the US economy coughing up a lung. The nation lost a record 20.5 million jobs in April as the pandemic caused the worst economic crisis since the Great Depression, the feds said Friday. The mass layoffs sent the unemployment rate up to 14.7 percent — the highest ever recorded since the government …