Unemployment Rate News, Photos, Videos and Tweets

‘It will no doubt get worse’: Canadian unemployment rate may already top 10 per cent, as global jobless claims surge

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

unemployment rate - Financial Post
3:14pm PDT - March 26th, 2020

Tens of millions face losing jobs in escalating coronavirus crisis

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.

unemployment rate - Reuters
11:16am PDT - March 26th, 2020

These are the states with the most job losses so far because of the coronavirus

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

unemployment rate - CNBC
9:44am PDT - March 26th, 2020

Coronavirus death toll in U.S. now more than 1,000 | CBC News

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…

unemployment rate - CBC News
8:53am PDT - March 26th, 2020

Bernie Sanders Spits Fire At GOP Senators For Holdup Over Unemployment Benefits

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

unemployment rate - The Huffington Post
8:29am PDT - March 26th, 2020

U.S. coronavirus death toll tops 1,000 as unemployment widens

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…

unemployment rate - Reuters
7:08am PDT - March 26th, 2020

US jobless claims balloon to record on coronavirus impact

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…

unemployment rate - Reuters
6:16am PDT - March 26th, 2020

U.S. Unemployment Soars by 3.2 million: How the Coronavirus Jobs Crisis is Hurting One American City

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…

unemployment rate - Time
5:51am PDT - March 26th, 2020

Coronavirus economic updates: 3.2 million people filed for unemployment

The health crisis has increasingly become an economic one.

unemployment rate - ABC News
5:37am PDT - March 26th, 2020

3.28M File for Unemployment

Coronavirus pandemic puts end to decade of employment increases

unemployment rate - The Wall Street Journal
5:36am PDT - March 26th, 2020

US economic activity tanks the most since 2009 as the coronavirus fuels an all-but-certain recession

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…

unemployment rate - Business Insider
8:31am PDT - March 24th, 2020

Trump's 15-day plan to slow the coronavirus' spread is too short, experts say. Flattening the curve could take at least several more weeks.

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…

unemployment rate - Business Insider
4:26am PDT - March 24th, 2020

4 million people who work in the US hotel industry could lose their jobs in the coming weeks due to the coronavirus

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…

unemployment rate - Business Insider
11:47am PDT - March 18th, 2020

Mnuchin says US unemployment could surge without rescue: Reports - Aljazeera.com

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…

unemployment rate - Al Jazeera English
10:05pm PDT - March 17th, 2020

Treasury Secretary Steve Mnuchin reportedly said with the coronavirus pandemic the US unemployment rate could rise up to 20% without lawmaker action

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…

unemployment rate - Business Insider
7:24pm PDT - March 17th, 2020

Paul Krugman blasts Trump for 'catastrophically inadequate' coronavirus response, points out his biggest boast has evaporated

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…

unemployment rate - Business Insider
5:04am PDT - March 17th, 2020

Paul Krugman blasts Trump for 'catastrophically inadequate' coronavirus response, points out his biggest boast has evaporated

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…

unemployment rate - Business Insider
5:04am PDT - March 17th, 2020

Federal Reserve statement - lowering federal funds rate to 0 to.25%

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

unemployment rate - Reuters
2:17pm PDT - March 15th, 2020

U.S. companies announced 633 job cuts from coronavirus so far -Challenger, Gray and Christmas

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.

unemployment rate - Reuters
10:53am PDT - March 12th, 2020

US budget deficit swells to $235 billion, a new record

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…

unemployment rate - Business Insider
11:54am PDT - March 11th, 2020

US employers add 273K jobs in February, unemployment rate is 3.5%

The U.S. economy added 273,000 jobs in February and the unemployment rate fell slightly to 3.5%, according to U.S. Bureau of Labor Statistics data released Friday.

unemployment rate - ABC News
5:52am PST - March 6th, 2020

US economy smashes estimates, adds 273,000 jobs in February amid coronavirus outbreak

The Bureau of Labor Statistics said 273,000 nonfarm payrolls were created last month. That was compared with 225,000 in January and exceeded economist forecasts for 175,000. The report only reflects conditions through mid-February, so it didn't signal the ful…

unemployment rate - Business Insider
5:44am PST - March 6th, 2020