Latest Unemployment News
For pandemic jobless, the only real certainty is uncertainty
CHICAGO (AP) — For three decades, Kelly Flint flourished as a corporate travel agent, sending everyone from business titans to oil riggers around the planet. Then came the worst pandemic in a century, leaving her jobless and marooned in an uncertain economy. Furloughed since March, Flint has dipped into...
AP Explains: 5 key takeaways from the July jobs report
WASHINGTON (AP) — A resurgence in COVID-19 cases didn’t shut off the American job creation machine last month — but it did slow it down. Employers added 1.8 million jobs in July, slightly more than had been expected but far fewer than the gains of the previous two months. And while the...
1.2 million seek jobless aid after $600 federal check ends
WASHINGTON (AP) — Nearly 1.2 million laid-off Americans applied for state unemployment benefits last week, evidence that the coronavirus keeps forcing companies to slash jobs just as a critical $600 weekly federal jobless payment has expired. The government's report Thursday did offer a smidgen of hopeful...
Bank of England says economy will take time to heal
LONDON (AP) — The Bank of England predicted Thursday that the economic downturn in the U.K. economy might be less severe than it thought at the start of the COVID-19 pandemic - even as it warned it would take a longer time to heal the scars. The central bank opened the door to providing more monetary...
Disabled Americans mark milestone as crisis deepens job woes
The Americans With Disabilities Act was a major turning point in opening large parts of U.S. society to disabled people, but three decades after its passage disabled workers still face higher unemployment than other adults -- a problem compounded by the coronavirus pandemic. Sunday marks 30 years since the ADA...
Jobless claims rise as cutoff of extra $600 benefit nears
WASHINGTON (AP) — The nation got another dose of bad economic news Thursday as the number of laid-off workers seeking jobless benefits rose for the first time since late March, intensifying concerns the resurgent coronavirus is stalling or even reversing the economic recovery. And an extra $600 in weekly...
Stress rises for unemployed as extra $600 benefit nears end
WASHINGTON (AP) — A major source of income for roughly 30 million unemployed people is set to end, threatening their ability to meet rent and pay bills and potentially undercutting the fragile economic recovery. In March, Congress approved an extra $600 in weekly unemployment benefits as part of its $2...
Latin America faces 'lost decade' from coronavirus GDP drop
MEXICO CITY (AP) — The Economic Commission for Latin America and the Caribbean said Wednesday the region’s per-capita gross domestic product is likely to drop by 9.1% in 2020 due to the coronavirus pandemic. That would take the region back to GDP levels of 2010, something the U.N. commission called...
UK job losses set to rise sharply as numbers on payroll sink
LONDON (AP) — Unemployment across the U.K. has held steady during the coronavirus lockdown as a result of a government salary support scheme, but there are clear signals emerging that job losses will skyrocket over coming months to levels not seen since the 1980s. The Office for National Statistics said...
Editorial Roundup: US
Excerpts from recent editorials in the United States and abroad: ___ July 14 The New York Times on extending unemployment benefits in the United States amid the coronavirus pandemic: Unemployment benefits provide people who lose jobs with a little help for a little while. The money is not really enough to live...
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