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Economy

“Nearly 39 million have lost jobs in US since virus took hold”

“The number of Americans applying for unemployment benefits in the two months since the coronavirus took hold in the U.S. has swelled to nearly 39 million, the government reported Thursday, even as states from coast to coast gradually reopen their… Continue Reading…

Economy

“The US economy has erased nearly all the job gains since the Great Recession”

“It took only four weeks for the U.S. economy to wipe out nearly all the job gains in the last 11 years. The coronavirus and the forced closure of business throughout the country again fueled the number of Americans applying… Continue Reading…

Economy

“28 percent of Americans say they’ve already lost wages due to coronavirus: poll”

“Twenty-eight percent of those surveyed said they’d already “lost wages or other personal income.” Another 16 percent said they were laid off or furloughed from work, and an additional 28 percent said they lost what they considered a “substantial amount” from… Continue Reading…