Millions of jobs have been lost as businesses keep their doors closed to slow the spread of the coronavirus. Working women have been hit hardest, accounting for nearly 60% of the early job cuts.
For the first time in nearly a decade, the economy suffered a net loss of jobs as the coronavirus began to take hold in the country. The unemployment rate shot up to 4.4%.
The staggering number of people claiming jobless benefits set a new record for the second week in a row. Much of the country has been ordered to stay at home, bringing the economy to a lurching halt.
The coronavirus recession hit local newspapers almost immediately. Many have already instituted layoffs or suspended publishing. Some may never come back.
A record number of Americans filed for unemployment benefits for the first time last week as the coronavirus hammered the economy. It's nearly five times the levels seen during the Great Recession.
Even as millions of Americans are losing jobs in restaurants, hotels and airlines, a few industries are adding thousands of workers. They include pharmacies, online retail and delivery services.
With more and more businesses shutting down around the country, a flood of new unemployment claims are pouring in. But President Trump continues to downplay the impact of the virus on the economy.
Many small businesses have just a couple of weeks worth of cash on hand to pay rent and make payroll. Half of Americans own or work at a small business and they need help soon to stay afloat.
The increase was about 100,000 more than expected and unemployment dipped to 3.5%. The labor market appears resilient, but fears are growing that the coronavirus will take a toll on the economy.
U.S. employers added more jobs than expected last month, while the unemployment rate inched up to 3.6%. Unusually warm weather contributed to job gains for construction workers.
The Commerce Department says the U.S. economy grew 2.3% last year. That's slower than the previous year and well below the Trump administration's forecast.
Women got the lion's share of new jobs in December and now outnumber men on U.S. payrolls. This unusual situation reflects the growth of industries like health care where women dominate.
December's job growth is down slightly from the three previous months, when employers added an average of 200,000 jobs. But the unemployment rate held steady at 3.5%, matching a 50-year low.
U.S. employers added a better-than-expected number of jobs last month, boosted in part by the return of General Motors workers who had been on strike in October. The unemployment rate fell to 3.5%.
The Labor Department says U.S. employers added 130,000 jobs in August, fewer than private analysts had expected. The unemployment rate was unchanged at 3.7%.
The U.S. economy is slowing down, but it keeps creating jobs at a healthy pace. Employers added 164,000 jobs last month — as analysts had projected — and the unemployment rate held steady at 3.7%.
FERNLEY (AP) — The second-largest commercial land sale in state history is expected to bring thousands of new jobs to a northern Nevada industrial park covering nearly 7 square miles about 30 miles east of Reno.
New research finds automation widening the gap between urban and rural areas and dramatically affecting people who didn't go to college or didn't finish high school.
With a tight labor market, Walmart and other companies are adding new kinds of benefits to attract workers. Now, the giant retailer is offering to pay for prep courses for the SAT and ACT.
Ames, Iowa, has an unemployment rate of 1.5%, making it the tightest job market in the country. That's great for workers — but a challenge for those looking for them.
U.S. unemployment is at a nearly 50-year low. The jobless rate for Hispanics has never been lower. The past two years have been the best job market ever for African Americans. Shouldn't we be excited?
These job-based programs can motivate employees to make some changes in behavior, research finds, but they don't seem to move the dial on workers' health status or employer spending on health care.
