Millions of Americans will lose their unemployment benefits
The year has been one of the worst of years we've seen in the last couple of decades. Millions of people have been infected by the virus, millions have been left jobless, and businesses of all sizes have suffered huge losses. Things looked a bit stable, as we started seeing the numbers move in the ...
751,000 claim unemployment benefits
The number of Americans seeking unemployment benefits has gone down marginally the last week to 751,000. However, these numbers are still historically high and a lot of employers are still cutting jobs in the face of rising cases. The surge in cases and lack of benefits and packages to aid and help ...
Another 1.4M workers file for unemployment aid
As states in the US pull back on reopening due to the resurgence of the coronavirus cases, another round of layoffs has hit the US economy states have to take serious measures to curb the spread of the virus and have reversed reopenings for the safety of their employees and patrons. Read the whole ...
Around 30 million people are collecting jobless benefits
According to data, around one in every five American workers are receiving unemployment aid on account of layoffs and furloughs triggered by the coronavirus pandemic. A slide in big technology shares caused Wall Street to crash. What's more, is that companies like Twitter may have witnessed an incr ...
Unemployment rate surges for the second week in a row
The US job market recovery and the meagre improvements made in the past month are unravelling as unemployment claims have been on the rise for two weeks in a row. More than a million workers in the US applied for state unemployment aid, indicating that the labor market recovery is stalling due to r ...
Another 1.3 million workers file for unemployment
As the second wave of COVID-19 cases has gripped the global economy, 1.3 million workers have filed for unemployment benefits, derailing the little progress that was made in the months of May and June. Read about the implications here. ...
Unemployment claims still record high
Applications for benefits and unemployment aid has been skyrocketing as the second round of COVID-19 cases is overturning the improvement seen in added jobs in May. The numbers in May and June indicated that we were on the road to recovery, but a resurge in cases has changed this. Read the report h ...
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