Latest Unemployment News

Wearing masks amid concerns of the spread of COVID-19, volunteers Karen Cooperstein, right, and Edwin Chinchilla, left, prepare food for the pubic during a drive through food pantry distribution by Catholic Charities in Dallas, Thursday, July 2, 2020. (AP Photo/LM Otero)

US unemployment falls to 11%, but new shutdowns are underway

Jul. 2, 2020 4:28 PM EDT

WASHINGTON (AP) — U.S. unemployment fell to 11.1% in June as the economy added a solid 4.8 million jobs, the government reported Thursday. But the job-market recovery may already be faltering because of a new round of closings and layoffs triggered by a resurgence of the coronavirus. While the jobless rate...

FILE - In this Monday, June 29, 2020, file photo, shoppers walk around Garden State Plaza in Paramus, N.J., as New Jersey's indoor shopping malls reopened Monday from their COVID-19 pause. U.S. employers likely rehired several million more workers in June, thereby reducing a Depression-level unemployment rate, but the most up-to-date data suggests that a resurgent coronavirus will limit further gains. (AP Photo/Seth Wenig, File)

AP Explains: 5 key takeaways from a strong June jobs report

Jul. 2, 2020 4:13 PM EDT

WASHINGTON (AP) — At first glance, the June employment report was a blockbuster. The U.S. economy produced a record 4.8 million added jobs last month, walloping expectations. And the unemployment rate sank from 13.3% all the way to 11.1%. “Today’s announcement," President Donald Trump...

A view of the Trevi fountain in Rome, Saturday, June 20, 2020. (Cecilia Fabiano/LaPresse via AP)

Europe contains jobless rate, but faces summer of discontent

Jul. 2, 2020 8:25 AM EDT

SPERLONGA, Italy (AP) — Europe has limited the rise in unemployment caused by the pandemic with a wide array of government support programs, but that cannot hide widespread economic distress and anxiety among workers and small business owners. First the good news: the unemployment rate in the 19 countries...

FILE - In this June 4, 2020 file photo, a pedestrian wearing a mask walks past a reader board advertising a job opening for a remodeling company, in Seattle. U.S. companies added nearly 2.4 million jobs in June, according to a private survey, a large gain that still leaves the job market far below its pre-pandemic levels. The payroll company ADP said that small businesses reported the largest gain, adding 937,000 jobs. Construction firms and restaurants and hotels also posted big increases in hiring. (AP Photo/Elaine Thompson, File)

5 things to watch for in Thursday's jobs report for June

Jul. 1, 2020 3:33 PM EDT

WASHINGTON (AP) — With the viral outbreak worsening and unemployment at Depression-era levels, the government on Thursday will issue what will almost surely be another remarkable jobs report. Hiring in June might have reached the highest monthly total on record — 3 million. Yet so deep were the...

German jobless rate edges up in June, millions in furlough

Jul. 1, 2020 4:34 AM EDT

BERLIN (AP) — Germany's unemployment rate ticked higher in June, official figures showed Wednesday, but the rise was slower than in the previous two months and extensive use of a government-backed short-time work program kept job losses down. The unadjusted jobless rate, the headline rate in Germany, rose...

President Donald Trump speaks during a visit to Fincantieri Marinette Marine, Thursday, June 25, 2020, in Marinette, Wis. (AP Photo/Evan Vucci)

In Wisconsin, Trump boasts of 'aptitude for manufacturing'

Jun. 25, 2020 10:30 PM EDT

MARINETTE, Wis. (AP) — Despite enormous economic headwinds and sky-high unemployment numbers, President Donald Trump sought to showcase his record as a job creator on Thursday during a visit to a shipyard in the battleground state of Wisconsin. Trump boasted of his “aptitude for...

A man walks past a retail store that is going out of business due to the coronavirus pandemic in Winnetka, Ill., Tuesday, June 23, 2020. Illinois Gov. J.B Pritzker announced a package of state grant programs that will help support communities and businesses impacted by the COVID-19 pandemic and unrest in the area. (AP Photo/Nam Y. Huh)

US job market's modest improvement may be stalling

Jun. 25, 2020 3:49 PM EDT

WASHINGTON (AP) — The number of laid-off workers seeking U.S. unemployment aid barely fell last week, and the reopening of small businesses has leveled off — evidence that the job market's gains may have stalled just as a surge in coronavirus cases is endangering an economic recovery. The government...

FILE - In this June 11, 2020, file a passer-by wears a mask out of concern for the coronavirus while walking past a storefront window in Boston. Eighty-five percent of Democrats call economic conditions “poor,” while 65% of Republicans describe them as “good,” according to a new survey by The Associated Press-NORC Center for Public Affairs Research. (AP Photo/Steven Senne, File)

AP-NORC poll: Politics drive divergent view of US economy

Jun. 22, 2020 8:01 AM EDT

WASHINGTON (AP) — Americans' outlook on the national economy has improved somewhat from its lowest points during the early weeks of the coronavirus pandemic, but a new poll suggests Democrats and Republicans are living in alternate economic realities amid the sharpest recession in the nation’s...

FILE - In this May 7, 2020 file photo, a person looks inside the closed doors of the Pasadena Community Job Center in Pasadena, Calif., during the coronavirus outbreak. California's unemployment rate continued to climb in May, reaching 16.3% as businesses continued to lay people off because of a state-at-home order aimed at slowing the spread of the coronavirus that has wrecked the state's economy.  (AP Photo/Damian Dovarganes, File)

Hiring rose in 46 states in May yet jobless rates still high

Jun. 19, 2020 6:27 PM EDT

WASHINGTON (AP) — Employers added jobs in 46 states last month, evidence that the U.S. economy's surprise hiring gain in May was spread broadly across the country — in both states that began reopening their economies early and those that did so only later. Unemployment rates fell in 38 states, rose...

Builders work on ascaffolding in London, Wednesday, June 17, 2020. After the easing of lockdown during the COVID-19 pandemic, most construction companies have restarted their business but official figures show that the British economy shrank by a colossal 20.4% in April, the first full month that the country was in its lockdown. (AP Photo/Frank Augstein)

UK's recession 'less bad' than feared, Bank of England

Jun. 18, 2020 1:56 PM EDT

LONDON (AP) — The Bank of England unveiled another big stimulus package for the U.K. economy as it tries to limit the scale of the coronavirus recession, which it now believes will be “less severe” than it feared last month. In a statement Thursday, the bank’s policy making panel said...