The current economic crisis has hit workers hard. Unemployment rates remain high, with total weekly initial claims for unemployment insurance benefits continuing to grow.
Tag Archives | Unemployment
The number of continued claims for unemployment compensation, while below its peak, rose from the previous week and was more than 29 million American workers—a figure that includes workers receiving Pandemic Unemployment Assistance.
The American economy gained 1.8 million jobs last month, even as the coronavirus surged in many parts of the country and newly reintroduced restrictions caused some businesses to close for a second time.
The existing alphabet soup of possible recoveries—V, U, W, and so on (which I discussed back in April)—is clearly inadequate to describe what has been taking place in the United States in recent months.
Yesterday morning, the U.S. Department of Labor (pdf) reported that, during the week ending last Saturday, another 1.3 million American workers filed initial claims for unemployment compensation. That’s on top of the 48.7 million workers who were laid off during the preceding fifteen weeks.
Today’s jobs report from the Bureau of Labor Statistics shows two months in a row of payroll employment gains, an increase in jobs of 4.8 million in June on top of 2.7 million in May. But, because so many jobs were lost in March and April, we are still 14.7 million jobs below where we […]
All told, 38.6 million American workers have filed initial unemployment claims during the past nine weeks.
This secret memo was discovered in the waste basket of a high-ranking staffer in the European Commission. The memo from “the Coalition” begins “Dear Angela, Teresa, Emmanuel…” and has a further list of first names—heads of state and secretaries or ministers of finance, health and human services—were mostly scribbled over with marker.