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
Government, Business

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.

Christopher Rugaber | Associated Press
July 9, 2020
Government, Business, Safety

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.

Christopher Rugaber | Associated Press
June 19, 2020
Government, Business

1.5 Million More Laid-Off Workers Seek Unemployment Benefits

About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, a historically high number, even as the economy increasingly reopens and employers bring some people back to work.

Christopher Rugaber | Associated Press
June 18, 2020
Government, Business

Recession Began in February in Face of Coronavirus, Experts Say

WASHINGTON — The U.S. economy entered a recession in February as the coronavirus struck the nation, a group of economists declared June 8.

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

US Unemployment Drops Unexpectedly to 13.3%

The U.S. unemployment rate fell unexpectedly in May to 13.3% — still on par with what the nation witnessed during the Great Depression — as states loosened their coronavirus lockdowns and businesses began recalling workers faster than economists had predicted.

Christopher Rugaber | Associated Press
June 5, 2020