Jobless claims fall below 1 million for first time since start of coronavirus pandemic
Source: Market Watch Initial jobless claims fell below 1 million in August for the first time since the coronavirus pandemic began…
U.S. unemployment rate fell to 10.2 percent in July
Source: Politico The unemployment rate fell to 10.2 percent in July, the Labor Department reported Friday. That’s down from a peak…
U.S. economy contracted at 32.9% pace in second quarter; Jobless claims rise to 1.43 million
Source: Politico The U.S. economy shrank at a 32.9% annualized pace between April and June as the coronavirus slammed businesses and…
New unemployment claims rose last week to 1.4 million
Source: Politico Unemployment claims rose to 1.4 million last week, the Labor Department reported, ending 15 weeks of consecutive declines in…
Jobs report for June shows 4.8 million jobs added, unemployment falls
Source: Market Watch U.S. stock-index futures added to gains on Thursday after a closely followed report on the health of the…
Feds sent more than 1 million stimulus checks to dead people, totaling $1.4 billion
Source: NBC News More than a million Americans who had died received COVID-19 stimulus payments totaling $1.4 billion, a government watchdog said Thursday in…
1.5M new unemployment claims filed last week
Source: Politico U.S. workers continued to seek unemployment assistance last week at historically elevated levels, with 1.5 million new applications filed,…
Retail Sales Bounce Up 17.7% After Record Drop As States Reopen
Source: NPR As more states and cities reopened restaurants and shopping centers, U.S. retail spending swung big in May, climbing 17.7%,…
More than 1.5 million file new jobless claims in first week of June
Source: Politico Workers filed another 1.5 million claims for jobless benefits last week, the Labor Department reported, suggesting that some Americans…
Jobless claims climb 1.88 million at end of May, but there’s growing signs unemployment is peaking
Source: Market Watch The numbers: Some 1.88 million people applied for traditional jobless benefits at the end of May and another…
2.1 million new unemployment claims filed last week
Source: CNBC First-time claims for unemployment benefits totaled 2.1 million last week, the lowest total since the coronavirus crisis began though…
Pandemic Hits Spending Hard; 79% Dive In Clothing Sales Leads A Record Plunge
Source: NPR In a historic collapse, retail spending in the U.S. nosedived again last month, dropping a record 16.4% as people…
36.5 Million Have Filed For Unemployment In 8 Weeks
Source: NPR Nearly 3 million people filed for unemployment benefits last week – bringing the total to 36.5 million in the…
U.S. reports record $738 billion budget deficit in April
Source: Reuters The United States on Tuesday reported a record $738 billion budget deficit in April as an explosion in government…
One For The History Books: 14.7% Unemployment, 20.5 Million Jobs Wiped Away
Source: NPR The Labor Department delivered a historically bad employment report Friday, showing 20.5 million jobs lost last month as…