Number Seeking US Jobless Aid Drops to Lowest Since March
The number of people seeking U.S. unemployment benefits fell last week to 709,000, a still-high level but the lowest figure since March and a further sign that the job market might be slowly healing.
Layoffs Remain Elevated as 898,000 Seek Jobless Aid
WASHINGTON — The number of Americans seeking unemployment benefits rose the week of Oct. 5 to 898,000, a historically high number and evidence that layoffs remain a hindrance to the economy’s recovery from the pandemic recession that erupted seven months ago.
US Layoffs Remain Elevated as 840,000 Seek Jobless Aid
The number of Americans seeking unemployment benefits fell slightly last week to a still-high 840,000, evidence that job cuts remain elevated seven months into the pandemic recession.
US Layoffs Remain Elevated as 837,000 Seek Jobless Aid
The number of Americans seeking unemployment benefits declined last week to a still-high 837,000, evidence that the economy is struggling to sustain a tentative recovery that began this summer.
US Adds 1.8 Million Jobs in Sign That Hiring Has Weakened
The United States added 1.8 million jobs in July, a pullback from the gains of May and June and evidence that the resurgent coronavirus is weakening hiring and the economic rebound.
Fed Sees Dim Economic Outlook as Virus Squeezes Economy
WASHINGTON — The Federal Reserve expressed concern July 29 that the viral outbreak will act as a drag on the economy and hiring in the coming months and said it plans to keep its benchmark short-term interest rate pegged near zero.
1.4 Million Seek Jobless Aid, First Increase Since March
The number of laid-off Americans seeking unemployment benefits rose last week for the first time since the pandemic struck in March, evidence of the deepening economic pain the outbreak is causing to the economy.
Number of Laid-Off Workers Seeking Jobless Aid Stuck at 1.3 Million
The number of laid-off workers seeking unemployment benefits remained stuck at 1.3 million last week, a historically high level that indicates many companies are still cutting jobs as the viral outbreak intensifies.
Layoffs Stuck at High Level as 1.3 Million Seek Jobless Aid
More than 1.3 million Americans applied for unemployment benefits last week, a historically high pace that shows that many employers are still laying people off in the face of a resurgent coronavirus.
Hiring Rose in 46 States in May; Jobless Rates Still High
Employers added jobs in 46 states last month, evidence that the U.S. economy’s surprise hiring gain in May was spread broadly across the country — in both states that began reopening their economies early and those that did so only later.