US Employers Add a Modest 245,000 Jobs as Virus Intensifies
Economy
US Employers Add a Modest 245,000 Jobs as Virus Intensifies

WASHINGTON (AP) — America’s employers scaled back their hiring last month as the viral pandemic accelerated across the country, adding 245,000 jobs, the fewest since April and the fifth straight monthly slowdown. At the same time, the unemployment rate to... Read More

Jobless Rate Spikes to 14.7%, Highest Since Great Depression
Employment
Jobless Rate Spikes to 14.7%, Highest Since Great Depression

WASHINGTON (AP) — The U.S. unemployment rate hit 14.7% in April, the highest rate since the Great Depression, as 20.5 million jobs vanished in the worst monthly loss on record. The figures are stark evidence of the damage the coronavirus... Read More

Jobless Claims Reach New Record High As 6.6 Million File for Assistance
Economy
Jobless Claims Reach New Record High As 6.6 Million File for Assistance
2020-04-02 17:17:24
by Dan McCue

WASHINGTON - More than 6.6 million Americans filed new claims for unemployment benefits last week, shattering the record number for the second week in a row, the Labor Department announced Thursday. Last week, 3.3 million people filed jobless claims, meaning... Read More

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