The U.S. labor market strengthened in October, defying expectations for more subdued gains amid an intensifying pandemic and lack of additional fiscal relief.
November 6, 2020unemployment News Updates
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.
October 15, 2020US Jobs Rise Less Than Forecast as Economic Rebound Downshifts
U.S. job gains slowed in September and many Americans quit looking for work, suggesting the economic recovery is downshifting as the country struggles without a COVID-19 vaccine or fresh government aid.
October 2, 2020Unemployment Rate Drops by More Than Expected to 8.4%
The U.S. labor-market rebound extended for a fourth month in August, offering hope that the economy can continue to recover despite a persistent pandemic and Washington’s standoff over further government aid to jobless Americans and small businesses.
September 4, 2020Jobless Claims Unexpectedly Increase to More Than 1 Million
Applications for U.S. unemployment benefits unexpectedly increased last week, a stumble for the labor market in its long road to recovery.
August 20, 2020US Jobless Claims Below 1 Million for First Time in Pandemic
The number of Americans applying for unemployment benefits fell below 1 million for the first time since the pandemic began in March, suggesting the economic recovery is gaining some traction amid a deceleration in coronavirus infections.
August 13, 2020US 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.
August 7, 2020US Jobless Claims Fall More Than Forecast to Pandemic Low
U.S. applications for unemployment benefits fell more than expected last week to the lowest since the pandemic started, in a broad decline across nearly all states, suggesting the labor market is improving.
August 6, 2020US Job Losses to Mount With Small Firms Running on Fumes
The clock is ticking for Bonnie Morales and the acclaimed restaurant she opened a few years ago in Portland, Ore. She’s among thousands of U.S. small-business owners who are considering layoffs in coming months as they plow through government aid.
August 5, 20201.4 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.
July 23, 2020Trending
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