Latest Employment figures News

In this Wednesday, June 3, 2020 photo, signs about social distancing and other protocols are seen about the theme park as guests walk by at Universal Orlando Resort Wednesday, June 3, 2020, in Orlando, Fla. The theme park reopened for season pass holders and will open to the general public on Friday, June 5. (AP Photo/John Raoux)

Universal takes first steps reviving Orlando theme park biz

Jun. 4, 2020 5:16 PM EDT

ORLANDO, Fla. (AP) — With masks on their faces and temperature checks at entrances, Harry Potter fans and roller coaster lovers streamed back into Universal Orlando Resort this week in one of the first major steps toward reviving Florida’s theme park industry, which was left temporarily moribund by...

A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Thursday, June 4, 2020.  Asian stock markets are mixed after Wall Street rose on better U.S. jobs and manufacturing data than expected.(AP Photo/Lee Jin-man)

Wall Street pauses, and S&P 500's 4-day winning streak snaps

Jun. 4, 2020 4:56 PM EDT

Wall Street paused on Thursday, and the S&P 500 fell for the first time in five days as stocks that had held steadiest through this year’s feverish swings gave back some of their gains. The S&P 500 lost 10.52 points, or 0.3%, to 3,112.35 after being on track earlier in the day for its longest...

Dealers in masks wait for customers before the reopening of the D Las Vegas hotel and casino, Wednesday, June 3, 2020, in Las Vegas. Casinos were allowed to reopen on Thursday after temporary closures as a precaution against the coronavirus. (AP Photo/John Locher)

The Latest: Disney World to open with no parades, fireworks

Jun. 4, 2020 4:40 PM EDT

ORLANDO, Fla. — When Walt Disney World reopens next month for the first time since it closed due to the spread of the new coronavirus, there will be no parades, fireworks shows nor “meet-and-greet” sessions with performers dressed as Disney characters. Union official Eric Clinton told members...

As businesses reopen, Tennessee unemployment still high

Jun. 4, 2020 3:26 PM EDT

MEMPHIS, Tenn. (AP) — Tennessee delivered unemployment payments to more than 314,000 people last week, as the number of new jobless claims continued to run much higher than normal during the response to the new coronavirus outbreak. Stay-at-home orders from Gov. Bill Lee and city and county officials in...

FILE - In this May 26, 2020, file photo, is a sign at the headquarters for Washington state's Employment Security Department at the Capitol in Olympia, Wash. Washington officials say they believe they have recovered about half of the up to $650 million in unemployment benefits paid to criminals who used stolen identities to file claims during the coronavirus pandemic. (AP Photo/Ted S. Warren, File)

COVID: Washington unemployment fraud might be $650 million

Jun. 4, 2020 3:24 PM EDT

OLYMPIA, Wash. (AP) — Washington officials said Thursday they believe they have recovered about half of the hundreds of millions in unemployment benefits paid to criminals who used stolen identities to file claims during the coronavirus pandemic. Employment Security Department Commissioner Suzi LeVine said...

In this Wednesday, June 3, 2020 photo, Juan Santos stocks shelves at the Presidente Supermarket in the Little Havana neighborhood of Miami.  The U.S. government is set to issue its latest report on the layoffs that have left millions unemployed but have steadily slowed as many businesses have begun to reopen and to rehire some laid-off workers.  (AP Photo/Wilfredo Lee)

1.9 million seek jobless aid even as reopenings slow layoffs

Jun. 4, 2020 10:32 AM EDT

WASHINGTON (AP) — Nearly 1.9 million people applied for U.S. unemployment benefits last week, evidence that many employers are still cutting jobs even as the gradual reopening of businesses has slowed the pace of layoffs. The total number of people who are receiving jobless aid rose slightly to 21.5...

A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Thursday, June 4, 2020.  Asian stock markets are mixed after Wall Street rose on better U.S. jobs and manufacturing data than expected.(AP Photo/Lee Jin-man)

Asia markets mixed after Wall Street rises on better US data

Jun. 3, 2020 11:54 PM EDT

Most Asian stock markets were mixed Thursday after Wall Street gain on surveys showing better U.S. jobs and manufacturing conditions than expected. Benchmarks in Shanghai and Hong Kong declined while Tokyo, Sydney and Southeast Asia advanced. Stock markets have risen on optimism about a possible global recovery...

German Chancellor Angela Merkel speaks at a press conference at the Chancellery in Berlin, Wednesday June 3, 2020, after coalition meetings. Germany’s governing parties agreed on a 130 billion euro ($146 billion) stimulus package Wednesday meant to help kick-start Europe’s biggest economy, which has taken a heavy hit from the coronavirus pandemic. Following two days of talks in Berlin, Chancellor Angela Merkel said the package was a “bold response” that would boost consumption and investment and ease the strain on families and others. (John MacDougall/Pool via AP)

Germany agrees $146B stimulus package as Europe jobless rise

Jun. 3, 2020 6:19 PM EDT

BERLIN (AP) — Germany’s governing parties agreed on a 130 billion euro ($146 billion) stimulus package Wednesday to help kick-start the economy, which like others around the world has taken a heavy hit from the coronavirus pandemic. Following 21 hours of talks over two days, Chancellor Angela Merkel...

FILE - In this May 21, 2020 file photo, a man looks at signs of a closed store due to COVID-19 in Niles, Ill.   U.S. businesses shed 2.76 million jobs in May, as the economic damage from the historically unrivaled coronavirus outbreak stretched into a third month. The payroll company ADP reported Wednesday that businesses have let go of a combined 22.6 million jobs since March.AP Photo/Nam Y. Huh, File)

US job losses in May could raise 3-month total to 30 million

Jun. 3, 2020 3:01 PM EDT

WASHINGTON (AP) — The epic damage to America’s job market from the viral outbreak will come into sharper focus Friday when the government releases the May employment report: Eight million more jobs are estimated to have been lost. Unemployment could near 20%. And potentially fewer than half of all...

FILE - In this May 21, 2020 file photo, a man looks at signs of a closed store due to COVID-19 in Niles, Ill.   U.S. businesses shed 2.76 million jobs in May, as the economic damage from the historically unrivaled coronavirus outbreak stretched into a third month. The payroll company ADP reported Wednesday that businesses have let go of a combined 22.6 million jobs since March.AP Photo/Nam Y. Huh, File)

Survey: 2.76 million layoffs in May, far fewer than expected

Jun. 3, 2020 8:57 AM EDT

BALTIMORE (AP) — U.S. businesses shed 2.8 million jobs in May, significantly less than the 9.3 million job losses that were expected. The payroll company ADP reported Wednesday that businesses have let go of a combined 22.6 million jobs since March, with the bulk of the layoffs occurring in April. The...