Latest Employment figures News

FILE - In this Dec. 10, 2020, file photo, a

US jobless claims decline to a still-high 900,000

Jan. 21, 2021 9:26 AM EST

WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell slightly last week to 900,000, still a historically high level that points to ongoing job cuts in a raging pandemic. The Labor Department's report Thursday underscored that President Joe Biden has inherited an economy that...

US jobless claims dip to 900,000 as layoffs remain high with economy in grip of virus

Jan. 21, 2021 8:32 AM EST
WASHINGTON (AP) — US jobless claims dip to 900,000 as layoffs remain high with economy in grip of virus.
President Donald Trump and first lady Melania Trump board Air Force One at Andrews Air Force Base, Md., Wednesday, Jan. 20, 2021.(AP Photo/Manuel Balce Ceneta)

AP FACT CHECK: Trump's fiction in his goodbye to Washington

Jan. 20, 2021 3:50 PM EST

WASHINGTON (AP) — In his final remarks as president, Donald Trump tried to take credit for accomplishments of his predecessor and even those to come under President Joe Biden. Falsehoods suffused his farewell remarks Wednesday morning and the night before, though he was spot on with this: “We were...

The moon rises over the West Wing of the White House, on President Donald Trump's last day in office, Tuesday, Jan. 19, 2021, in Washington. The Marine guard at the entrance signifies the president is in the Oval Office. (AP Photo/Gerald Herbert)

AP FACT CHECK: Trump's farewell falsehoods

Jan. 19, 2021 8:22 PM EST

On his way out, President Donald Trump claimed credit for things he didn't do and twisted his record on jobs, taxes, the pandemic and much more. Falsehoods suffused his farewell remarks to the country. As well, in noting Americans were “horrified” by the storming of the Capitol this month, he...

The Washington Monument and the National Mall are visible as members of the U.S. Air Force Honor Guard walk along the West Front of the U.S. Capitol at the site of the 59th Presidential Inauguration in Washington, Monday, Jan. 18, 2021. (AP Photo/Andrew Harnik)

Biden's test: Engineering economic boom in a partisan divide

Jan. 18, 2021 12:31 PM EST

BALTIMORE (AP) — When Joe Biden entered the White House as vice president, the economy was cratering. Job losses were mounting. Stocks were crashing. Millions of Americans were in the early stages of losing their homes to foreclosure as the housing bubble burst. Biden returns to the White House as...

This Week: Netflix earns, jobless benefits, US home sales

Jan. 18, 2021 1:10 AM EST

A look at some of the key business events and economic indicators upcoming this week: BINGE THIS Wall Street expects that Netflix closed out 2020 with another solid quarter. The video streaming service has been riding a wave of popularity as people spend more time at home due to the pandemic. The company gained...

FILE - In this Nov. 23, 2020 file photo, stone sculptures adorn the New York Stock Exchange.  Stocks are pulling lower again on Friday, Jan. 15, 2021,  after reports showed the pandemic is deepening the hole for the economy, as Washington prepares to throw it another lifeline.   (AP Photo/Seth Wenig, File)

Stocks fall as economic pain deepens, rally runs out of gas

Jan. 15, 2021 4:27 PM EST

NEW YORK (AP) — Wall Street closed out its first losing week in three with another drop on Friday after reports showed the pandemic is deepening the hole for the economy, as Washington prepares to throw it another lifeline. The S&P 500 fell 27.29, or 0.7%, to 3,768.25, with stocks of companies that...

The closed sign of a former restaurant is displayed at a shopping center Wednesday, Jan. 13, 2021, in Houston. The latest figures for jobless claims, issued Thursday, Jan. 14, by the Labor Department, remain at levels never seen until the virus struck. (Melissa Phillip/Houston Chronicle via AP)

VIRUS TODAY: Unemployment claims in US rise to 965,000

Jan. 14, 2021 3:19 PM EST

Here’s what’s happening Thursday with the coronavirus pandemic in the U.S.: THREE THINGS TO KNOW TODAY — The number of people seeking unemployment aid soared last week to 965,000, the most since late August, offering evidence that the resurgent virus has caused a spike in layoffs. The Labor...

Andrew Walcott, owners of Fusion East Caribbean & Soul Food restaurant, poses for a photo at the restaurant in East New York neighborhood of the Brooklyn borough of New York, Thursday, Jan. 7, 2021.  Walcott had to furlough four employees at his restaurant just before Christmas, after New York state stopped allowing indoor dining.   (AP Photo/Mary Altaffer)

US unemployment claims jump to 965,000 as virus takes toll

Jan. 14, 2021 11:26 AM EST

WASHINGTON (AP) — The number of people seeking unemployment aid soared last week to 965,000, the most since late August and a sign that the resurgent virus has likely escalated layoffs. The latest figures for jobless claims, issued Thursday by the Labor Department, remain at levels never seen until the...

US jobless claims jump to 965,000 as layoffs remain high with economy in grip of virus

Jan. 14, 2021 8:32 AM EST
WASHINGTON (AP) — US jobless claims jump to 965,000 as layoffs remain high with economy in grip of virus.