unemployment


Record Jobs Gain Of 4.8 Million In June Smashes Expectations; Unemployment Rate Falls To 11.1%

AMERICA - Published date: .

Another big contributor to the decline of the jobless rate was a plunge in those on temporary layoff. That total fell by... Read more

17.6 Million Unemployed Americans Probably Won't Return To Their Pre-pandemic Jobs

AMERICA - Published date: .

The share of the workforce currently out of work with no reasonable chance of returning to their jobs is about 11%, or a... Read more

June Private Payrolls Rose 2.37 Million And There Was A Big Positive Revision For May, ADP Says

AMERICA - Published date: .

Private payrolls grew by 2.369 million for the month, a bit lower than the 2.5 million expectation from economists surve... Read more

Total Of Those Receiving Unemployment Benefits Falls Below 20 Million

AMERICA - Published date: .

Jobless claims totaled 1.48 million last week as unemployment related to the coronavirus pandemic remained stubbornly hi... Read more

A Tale Of Two Recessions: Some Americans Thrive As Others Suffer

AMERICA - Published date: .

The recession is playing out much differently across wealth, race and gender divides. Some are bearing the brunt of the ... Read more

Another 1 Million Jobless Claims Show Congress May Need To Extend Extra Benefits Set To Expire

AMERICA - Published date: .

Economists say the latest jobless claims report shows adds weight to calls for the extension of expanded unemployment be... Read more

Jobless Claims Total 1.5 Million, Worse Than Expected As Economic Pain Persists

AMERICA - Published date: .

The elevated claims number persists even as all states have reopened to varying degrees and nonfarm payrolls grew by 2.5... Read more

While 21 Million Americans Were Unemployed As Of May, Long-term Joblessness Hasn't Seen An Uptick

AMERICA - Published date: .

The number of Americans unemployed for a long stretch of time has remained steady since the start of the year. Families ... Read more

Job Openings Tumble To Lowest Level In More Than 5 Years

AMERICA - Published date: .

As companies shed record-breaking numbers of employees, the total vacancies plunged to 5.05 million in April. Read more

May Sees Biggest Jobs Increase Ever Of 2.5 Million As Economy Starts To Recover From Coronavirus

AMERICA - Published date: .

Nonfarm payrolls in May were expected to decrease by 8.333 million while the unemployment rate was seen rising to 19.5%,... Read more

May's Record Jobs Comeback: Here's Where The Jobs Are In One Chart

AMERICA - Published date: .

CNBC studied the net change in employment by industry for May based on data from the Labor Department. Read more

The May Unemployment Rate Is Expected To Be Near 20% As Millions More Lost Jobs

AMERICA - Published date: .

About 8 million Americans lost their jobs in May, on top of the 20.5 million in April, and economists see unemployment p... Read more

Jobless Claims, Total Unemployment Level Worse Than Expected

AMERICA - Published date: .

First-time claims for unemployment insurance were expected to total 1.775 million last week, according to economists sur... Read more

'The Covid-19 Recession Is Over,' Says Economist Zandi As May Job Losses Not As Bad As Feared

AMERICA - Published date: .

Finding good news in the loss of another 3 million jobs isn't easy, but the steep drop in private payrolls for May could... Read more

Private Payrolls Decline By 2.76 Million In May, ADP Says, A Much Smaller Drop Than Feared

AMERICA - Published date: .

The reported total was well below the 8.75 million estimate from economists surveyed by Dow Jones. The reason for the wi... Read more

May Unemployment Looks Worse Than Expected, Signaling Another Bad Jobs Report Could Be Coming

AMERICA - Published date: .

So far, state reopenings have not helped stem the rise in unemployment, which is expected to show another big jump in th... Read more

Jobless Claims Total 2.4 Million, Still Elevated Levels But A Declining Pace From Previous Weeks

AMERICA - Published date: .

The total, while still well above anything the nation had seen in pre-coronavirus America, represents the seventh straig... Read more

CBO Projects 38% Drop In GDP, $2.1 Trillion Increase In The Deficit

AMERICA - Published date: .

The CBO also projects 26 million more unemployed Americans than there were at the end of 2019. Read more

Unemployment Is Nearing Great Depression Levels. Here's How The Eras Are Similar — And Different

AMERICA - Published date: .

The unemployment rate is at its highest since the Great Depression. The current situation differs from that of the early... Read more

Weekly Jobless Claims Total 2.981 Million, Bringing Coronavirus Tally To 36.5 Million

AMERICA - Published date: .

The total 2.981 million new claims for unemployment insurance brought the coronavirus crisis count to nearly 36.5 millio... Read more