The U.S. unemployment rate dropped unexpectedly in May, but not all workers benefited equally as joblessness among African Americans and Asians rose, signaling some minorities face a longer recovery as the economy slowly rebounds from the coronavirus shutdown…

Still, the unemployment rate ticked up to 13.7% in May, a postwar record as people returned to the labour force

The nation's unemployment rate fell to 13.3 percent, and the economy gained a surprise 2.5 million jobs despite the coronavirus pandemic.

The U.S added 2.5 million jobs in May as the businesses began to reopen after coronavirus-related...

Payrolls rose by 2.5 million, suggesting jobs are returning

‘We are headed for a period of unprecedented softness in economic activity’

Global job losses from the coronavirus crisis could far exceed the 25 million estimated just days ago, U.N. officials said on Thursday, as U.S. jobless claims surged to record levels, starkly showing the scale of the economic disaster.

Claims for state unemployment were most concentrated in Rhode Island, Nevada, Pennsylvania, Massachusetts, New Jersey and Washington state.

The U.S. coronavirus death toll topped the 1,000 milestone, as the pandemic's mounting economic burden was illustrated by government data on Thursday showing a record number of Americans seeking unemployment benefits and hospitals struggled to treat a surge o…

The Vermont senator dripped with sarcasm as he eviscerated Republicans for holding up the coronavirus relief package over unemployment benefits.

The U.S. coronavirus death toll topped the 1,000 milestone as the pandemic's mounting economic burden was illustrated by government data on Thursday showing a record number of Americans seeking unemployment benefits and hospitals struggled to treat a surge of…

The number of Americans filing claims for unemployment benefits shot to record of more than 3 million last week as strict measures to contain the coronavirus pandemic ground the country to a sudden halt, unleashing a wave of layoffs that likely brought an end…

Just a few weeks ago, things were looking up for Gabrielle Gregory. The Charlotte, NC resident was settling into life with her one-year-old child and saving to buy a house. Her union had just secured a pay raise for her and her fellow food and beverage employ…

The health crisis has increasingly become an economic one.

Coronavirus pandemic puts end to decade of employment increases

IHS Markit's composite purchasing managers index plummeted to 40.5 in March from 49.6, reaching a record low for the metric and posting its steepest single-month drop since October 2009. The firm's services gauge sank 10.3 points to 39.1 in March, another rec…

The Trump administration has released a 15-day plan to slow the spread of the coronavirus in the US. The plan involves asking healthy Americans to avoiding social gatherings and work from home. But public-health experts say these measures will be necessary fo…

Hotels across the US are experiencing unprecedented booking cancellations due to the coronavirus, with some markets like Seattle and Boston reporting occupancy declines as steep as 20%. Four million US hotel employee positions could be eliminated in the comin…

Mnuchin says US unemployment could surge without rescue: Reports Aljazeera.com Trump signs coronavirus relief legislation into law CNN Coronavirus pandemic: Trump, Congress should rush cash to Americans - Business Insider Business Insider Steven Mnuchin warns…

Treasury Sec. Steve Mnuchin warned GOP senators that the coronavirus pandemic could potentially increase unemployment in the US to 20% if action is not taken by lawmakers, CNN reported Tuesday. The unemployment rate during the 2008 financial crisis was a litt…

REUTERS/Brendan McDermid Paul Krugman slammed President Trump's coronavirus response in a scathing New York Times column on Monday. "America's catastrophically inadequate response to the coronavirus can be attributed largely to bad short-term decisions by one…

REUTERS/Brendan McDermid Paul Krugman slammed President Trump's coronavirus response in a scathing New York Times column on Monday. "America's catastrophically inadequate response to the coronavirus can be attributed largely to bad short-term decisions by one…

The Federal Reserve issued coordinated actions to combat the economic impacts of the coronavirus Sunday night, including cutting its key lending rate to zero.

U.S. companies have announced 633 layoffs related to the coronavirus outbreak so far, global outplacement firm Challenger, Gray and Christmas said on Thursday, providing the first tally of American job losses from what has mushroomed into a global pandemic.

The US budget deficit swelled to a new record in February even as the economy continued to grow at a steady pace. The gap between what the government spent and collected rose to $235 billion, the Treasury Department said in its monthly budget statement Wednes…

RT @SteveRattner: The unemployment rate is at or near 50-year lows in half of all US states. CC: @business https://t.co/G0PcufkeSj

RT @TheFungi669: Lauren Boebert: “Everything is going downhill with Joe Biden, including inflation and the unemployment rate.”

RT @SarahHuckabee: There’s a reason Arkansas is the fifth-highest state for inbound movers. All-time low unemployment rate. Low taxes. His…

RT @SenWarren: The Fed’s extreme rate hikes risk throwing millions of Americans out of work. Unemployment for Black workers is already risi…

RT @zerohedge: US unemployment rate when the Fed started hiking in March 22: 3.6% US unemployment rate today, with rates 5% higher: 3.6%…

RT @DrCraigEmerson: With the inflation rate now falling, the RBA should ditch its economic model that says unemployment must rise to 4.5% t…

RT @TheFungi669: Lauren Boebert: “Everything is going downhill with Joe Biden, including inflation and the unemployment rate.”

RT @DrCraigEmerson: With the inflation rate now falling, the RBA should ditch its economic model that says unemployment must rise to 4.5% t…

RT @zerohedge: US unemployment rate when the Fed started hiking in March 22: 3.6% US unemployment rate today, with rates 5% higher: 3.6%…

RT @SarahHuckabee: There’s a reason Arkansas is the fifth-highest state for inbound movers. All-time low unemployment rate. Low taxes. His…

RT @TheFungi669: Lauren Boebert: “Everything is going downhill with Joe Biden, including inflation and the unemployment rate.”

RT @ColMorrisDavis: On Trump’s last day, the Dow-Jones was at $30,932 and the unemployment rate was 6.3%. 2.5 years into Biden’s 1st term,…

RT @TheFungi669: Lauren Boebert: “Everything is going downhill with Joe Biden, including inflation and the unemployment rate.”

RT @KamalaHarris: Helped create more jobs in two years than any presidency has created in four. The unemployment rate has remained below 4%…

RT @scottlincicome: "According to Zhang Dandan..., March's youth unemployment rate could have been as much as 46.5% when accounting for 16…

RT @Pres_Adebayo: At the end of term of @officialABAT in 2027, ideal macroeconometrics for Nigeria should be 8% unemployment, 4.4% inflatio…

RT @Pres_Adebayo: At the end of term of @officialABAT in 2027, ideal macroeconometrics for Nigeria should be 8% unemployment, 4.4% inflatio…

It’s extraordinary to think that the new reserve bank governor will attempt to push thousands of Australian workers into unemployment in order to keep the inflation rate down #auspol

RT @SarahHuckabee: Look at this graph — lowest unemployment rate in Arkansas history! https://t.co/p8q7KGJAKF

RT @Pres_Adebayo: At the end of term of @officialABAT in 2027, ideal macroeconometrics for Nigeria should be 8% unemployment, 4.4% inflatio…

RT @GordonGChang: An unemployment rate of 46% for #China’s young is another sign the #Chinese economy is failing.

RT @Pres_Adebayo: At the end of term of @officialABAT in 2027, ideal macroeconometrics for Nigeria should be 8% unemployment, 4.4% inflatio…

Outside New York City, the unemployment rate held constant at 2.9 percent in June. https://t.co/zfhZXoZsZa

Outside New York City, the unemployment rate held constant at 2.9 percent in June. https://t.co/MlKiZReBT0

Outside New York City, the unemployment rate held constant at 2.9 percent in June. https://t.co/Tg34GonDhQ

Outside New York City, the unemployment rate held constant at 2.9 percent in June. https://t.co/VENw6cEjUa

Outside New York City, the unemployment rate held constant at 2.9 percent in June. https://t.co/DFlafEP2ai

Outside New York City, the unemployment rate held constant at 2.9 percent in June. https://t.co/0D0rE6NeKb

RT @Pres_Adebayo: At the end of term of @officialABAT in 2027, ideal macroeconometrics for Nigeria should be 8% unemployment, 4.4% inflatio…

Outside New York City, the unemployment rate held constant at 2.9 percent in June. https://t.co/bTTQPiCds5

Outside New York City, the unemployment rate held constant at 2.9 percent in June. https://t.co/QrB80d46JQ

Outside New York City, the unemployment rate held constant at 2.9 percent in June. https://t.co/tZpzJj1GUB

Outside New York City, the unemployment rate held constant at 2.9 percent in June. https://t.co/QYrnvmh0Rb

RT @Pres_Adebayo: At the end of term of @officialABAT in 2027, ideal macroeconometrics for Nigeria should be 8% unemployment, 4.4% inflatio…

RT @charliebilello: The US government continues to spend money like a drunken sailor w/ the budget deficit widening to $2.3 trillion. This…

RT @charliebilello: The US government continues to spend money like a drunken sailor w/ the budget deficit widening to $2.3 trillion. This…

RT @tweetMalena: President Biden is working to build the economy from the bottom up and middle out. He's lowered the national debt by almo…

RT @charliebilello: The US government continues to spend money like a drunken sailor w/ the budget deficit widening to $2.3 trillion. This…

RT @LukeGromen: Yes, the unemployment rate is still low. But what if US disability rolls spiked by 1.3 million people in just the last 2 m…

RT @JoeBiden: We've helped create over 13 million new jobs, including over 800,000 manufacturing jobs. The unemployment rate has remained b…