Government, Business

US Unemployment Claims Fall to 779,000; Job Cuts Grind On

The number of Americans seeking unemployment benefits declined to 779,000 in the week ended Jan. 30, a still historically high total that shows that a sizable number of people keep losing jobs to the pandemic.

Christopher Rugaber | Associated Press
February 4, 2021
Government, Business

Fed to Weigh Further Options for Aiding US Economy

WASHINGTON — The Federal Reserve’s policymakers face an unusual conundrum as they meet this week: a short-term economic outlook that is worsening even while the longer-term picture is brightening thanks to the emergence of coronavirus vaccines

Christopher Rugaber | Associated Press
December 14, 2020
Government, Business

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.

Christopher Rugaber | Associated Press
November 12, 2020
Government, Business

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.

Christopher Rugaber | Associated Press
October 15, 2020
Government, Business

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.

Christopher Rugaber | Associated Press
October 8, 2020
Government, Business

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.

Christopher Rugaber | Associated Press
October 1, 2020
Government, Business

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.

Christopher Rugaber | Associated Press
August 7, 2020
Government, Business

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.

Christopher Rugaber | Associated Press
July 29, 2020
Government, Business

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.

Christopher Rugaber | Associated Press
July 23, 2020
Government, Business

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.

Christopher Rugaber | Associated Press
July 16, 2020