October 2, 2020
“The US economy saw another 661,000 jobs added back in September and a modest improvement in the unemployment rate, as the recovery in the labor market continues at a stagnating rate… Change in non-farm payrolls: +661,000 vs. +859,000 expected and +1.489 million in… Continue Reading…
September 4, 2020
“Nonfarm payrolls increased by 1.37 million in August and the unemployment rate tumbled to 8.4%… An alternative measure that includes discouraged workers and those holding part-time jobs for economic reasons also fell, down to 14.2% from 16.5% in July and… Continue Reading…
July 27, 2020
“Even though the unemployment rate dropped to 6.6% in June, the backlog has created unprecedented delays. Oklahoma had approved 235,000 of about 590,000 filed claims by June 21 – a total $2.4 billion payout, far more than in previous years.… Continue Reading…
July 22, 2020
“Margaret Keane has been in the credit card business for 40 years and she’s seeing something she never expected: There’s mass unemployment, yet Americans are paying their bills on time. In normal times, that’d be good sign of financial responsibility.… Continue Reading…
July 3, 2020
“Nonfarm payrolls soared by 4.8 million in June and the unemployment rate fell to 11.1% as the U.S. continued its reopening from the coronavirus pandemic, the Labor Department said Thursday. Economists surveyed by Dow Jones had been expecting a 2.9… Continue Reading…
June 17, 2020
“The economy unexpectedly gained 2.5 million jobs in May after record losses the prior month as states began allowing businesses shuttered by the coronavirus to reopen and many Americans returned to work. The unemployment rate fell to 13.3% from April’s 14.7%, which was the… Continue Reading…
June 4, 2020
“Stocks reversed earlier losses and rose Thursday, pacing toward a fifth straight day of gains as investors looked past a new report showing new unemployment insurance claims totaled another 1.877 million last week, coming in slightly above expectations. The Nasdaq 100 rallied… Continue Reading…
April 9, 2020
“The number of Americans seeking unemployment benefits swelled to 6.6 million last week… Claims between the period of March 28 and April 4 neared the previous week’s record of 6.87 million, according to the weekly jobless claims report from the Labor Department published… Continue Reading…
March 26, 2020
“Nearly 3.3 million Americans applied for unemployment benefits last week — almost five times the previous record set in 1982 — amid a widespread economic shutdown caused by the coronavirus… Layoffs are sure to accelerate as the U.S. economy sinks into a… Continue Reading…
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