US unemployment - updates

Rappler's latest stories on US unemployment

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Trump cheers U.S. jobs surge in June 2020 despite rising virus count

Jul 02, 2020 - 11:50 PM

(UPDATED) The United States' unemployment rate drops to 11.1% in June 2020, but economists fear the spike in coronavirus cases could hurt recovery

People walk on a street near Herald Square on June 25, 2020 in New York City. - New York businesses opened their doors to returning waves of workers June 22 as the city that was once the epicenter of the global pandemic marked an important milestone in its return to normalcy, even as other US states were seeing an alarming rise in COVID-19 cases. (Photo by Angela Weiss / AFP)

Virus, joblessness raise concerns of strangled U.S. recovery

Jun 25, 2020 - 11:55 PM

Data released on Thursday, June 25, show layoffs in the United States have reached 47.2 million since the coronavirus lockdowns began

A store displays a sign before closing down permanently as more businesses feel the effects of stay-at-home orders amid the coronavirus pandemic, on June 16, 2020 in Arlington, Virginia. (Photo by Olivier DOULIERY / AFP)

New U.S. layoffs show mixed impact of small business loans

Jun 19, 2020 - 8:00 AM

The United States economy continues to bleed jobs, even as states reopen and despite federal initiatives like the Paycheck Protection Program

CLOSED. A homeless man walks past closed stores in the Fashion District in Downtown Los Angeles, California, on April 2, 2020. Photo by Apu Gomes/AFP

Virus layoffs top 45.7 million as U.S. economic distress persists

Jun 18, 2020 - 11:30 PM

(UPDATED) Another 1.5 million workers file new claims for unemployment benefits in the United States from June 7 to 13

SAN FRANCISCO, CALIFORNIA - JUNE 11: A person walks by a boarded up storefronts on June 11, 2020 in San Francisco, California. Economic worries due to the coronavirus COVID-19 pandemic continue as an additional 1.5 million people filed for first-time unemployment benefits in the past week. The Dow Jones Industrial average plunged over 1,800 points on the news. Justin Sullivan/Getty Images/AFP

Massive U.S. layoffs continue even as businesses reopen

Jun 12, 2020 - 7:00 AM

Data show the coronavirus pandemic has caused 44.2 million layoffs in the United States since mid-March 2020

(FILES) In this file photo taken on April 23, 2020, a street at Times Square is empty of traffic in New York City. - Despite moves to reopen businesses, another 1.54 million US workers filed for unemployment benefits last week, the Labor Department said on June 11, 2020, bringing the total since mid-March to 44.2 million. (Photo by Johannes EISELE / AFP)

Spike in black unemployment 'heartbreaking' – Fed's Powell

Jun 11, 2020 - 8:15 AM

While the United States posted a surprising decline in its overall unemployment rate in May 2020, for black workers it actually ticked up a notch

PORTRAIT. An image of George Floyd is painted on the road near a memorial site outside Cup Foods on June 3, 2020 in Minneapolis, Minnesota. Photo by Stephen Maturen/Getty Images/AFP

Stock markets power ahead on surprise U.S. jobs rise

Jun 06, 2020 - 7:25 AM

The Dow piles on around 830 points, or 3.2%, to finish at 27,110.98 on Friday, June 5

STOCK EXCHANGE. The Fearless Girl statue stands in front of the New York Stock Exchange near Wall Street in New York City on March 23, 2020. Photo by Angela Weiss/AFP

U.S. shows surprising employment recovery in May 2020 despite pandemic

Jun 06, 2020 - 7:00 AM

The United States' unemployment rate is down to 13.3% in May 2020, from 14.7% in April 2020

(FILES) In this file photo taken on May 14, 2020, a man wearing a face mask walks past a sign "Now Hiring" in front of a store amid the coronavirus pandemic in Arlington, Virginia. - The US economy regained 2.5 million jobs in May as coronavirus pandemic shutdowns began to ease, sending the unemployment rate falling to 13.3 percent, the Labor Department reported on June 5, 2020. (Photo by Olivier DOULIERY / AFP)

U.S. faces unemployment crisis amid record trade drop

Jun 04, 2020 - 11:55 PM

(UPDATED) Data show more than 42 million workers in the United States have lost their jobs since mid-March 2020. The country's trade deficit also jumps to $49.5 billion.

(FILES) In this file photo taken on May 15, 2020, people wait to receive food bank donations at the Barclays Center in the Brooklyn borough in New York City. - The ranks of US workers laid off at least temporarily by the coronavirus pandemic exceeded 42 million, with 1.87 million new jobless benefit claims filed last week, the Labor Department said on June 4, 2020. However the number of new claims filed in the week ended May 30 was 249,000 less than the week prior, indicating the unprecedented layoffs were slowing. (Photo by STEPHANIE KEITH / GETTY IMAGES NORTH AMERICA / AFP)

U.S. layoffs exceed 40 million but some returning to work

May 29, 2020 - 7:00 AM

New data also show the United States' gross domestic product fell 5% in the 1st quarter of 2020, slightly worse than the 4.8% drop originally reported

DESERTED. People take a photo in an empty Rockefeller Plaza in New York City on March 15, 2020. Photo by Stephanie Keith/Getty Images/AFP

White House economist sees double-digit jobless rate through U.S. elections

May 24, 2020 - 11:55 PM

Kevin Hassett says the United States' unemployment rate could still be in double digits in November 2020 when US presidential elections are held

MANHATTAN. The Manhattan skyline stands in the distance as people try to get some time outside in Brooklyn, New York City, on April 4, 2020. Photo by Spencer Platt/Getty Images/AFP

U.S. layoffs surpass 38.6 million as lawmakers debate stimulus

May 22, 2020 - 8:00 AM

Another 2.43 million Americans are put out of work in the week ending May 16

JOB WOES. Musician Lucas Goes waits to pick up food for a delivery app in Beverly Hills, California, on April 2, 2020, after losing his job during the novel coronavirus outbreak. Photo by Apu Gomes/AFP

Jobless data show economic pain as Trump eyes U.S. reopening

May 15, 2020 - 7:00 AM

The grim figures bring total US job losses since mid-March 2020 to a level rivaled only by the Great Depression 90 years ago

(FILES) In this illustration file photo taken on May 08, 2020, a COVID-19 Unemployment Assistance Updates logo is displayed on a smartphone on top of an application for unemployment benefits, in Arlington, Virginia. - New US claims for unemployment benefit continued to slow in the latest week but at 2.98 million showed the coronavirus pandemic continues to destroy jobs, according to government data released on May 14, 2020. The number of people filing for jobless benefits for the first time in the week ended May 9 decreased about 200,000 from the previous week, the Labor Department said, but that was higher than analysts expected and remained well above any week prior to the pandemic. (Photo by Olivier DOULIERY / AFP)

Jobless Americans can only hang on as pandemic rages

May 08, 2020 - 10:40 PM

Meet 3 Americans who are among the millions who have lost their jobs due to the coronavirus pandemic

Evan White poses for a picture on May 7, 2020 in New York City. - The coronavirus arrived in the US early this year, followed by deaths, business shutdowns and layoffs, rendering a previously healthy economy unrecognizable. Data from the government and private surveys has shown that the economic damage is deep and may take years to recover from, but on Friday, a new Labor Department survey is expected to show unemployment spiking, perhaps to as high as 20 percent, a number few living Americans have ever seen before. Ahead of the report's release, AFP spoke to three people about how the virus has changed the course of their lives in the world's largest economy. (Photo by Kena Betancur / AFP)

U.S. suffers biggest job losses in history amid coronavirus

May 08, 2020 - 9:05 PM

(3rd UPDATE) An unprecedented 20.5 million jobs are destroyed in April 2020, driving the United States' unemployment rate to 14.7%

MIAMI BEACH, FLORIDA - MAY 07: Niklaus Salvator poses near the hotel where he used to work on Ocean Drive on May 07, 2020 in Miami Beach, Florida. Mr. Salvator was laid off due to the hotel closing when the coronavirus pandemic hit. He joined millions of people who have seen similar layoffs around the country. The Aprils jobs report, which is scheduled to be released Friday, will provide a look into how many jobs were lost last month due to COVID-19. Joe Raedle/Getty Images/AFP

U.S. jobless claims begin decline, but still high at 3.2 million

May 08, 2020 - 7:00 AM

There are 3.2 million new claims for jobless benefits in the United States, bringing the number of claims filed since mid-March 2020 to 33.5 million

DESERTED. People take a photo in an empty Rockefeller Plaza in New York City on March 15, 2020. Photo by Stephanie Keith/Getty Images/AFP

Record number of U.S. workers receiving jobless benefits

May 01, 2020 - 2:00 AM

Another 3.84 million United States workers file first-time claims for jobless benefits, bringing the total to 30 million in 6 weeks

(FILES) In this file photo illustration taken on April 16, 2020, a person files an application for unemployment benefits, in Arlington, Virginia. - Another 3.84 million US workers filed for unemployment benefits last week and the total has now passed 30 million in six weeks, according to the Labor Department data released on April 30, 2020. (Photo by Olivier DOULIERY / AFP)

U.S. job losses soar past 26 million as states move to reopen

Apr 23, 2020 - 11:55 PM

Some 4.4 million Americans file new claims for jobless benefits in the week that ended April 18, underscoring the damage done by the coronavirus crisis

Streets in the financial district appear almost empty due to the coronavirus disease (COVID-19) which has caused many companies to have their employees work from home in Boston, Massachusetts on March 12, 2020. - Massachusetts Governor Charlie Baker told reporters that his administration was monitoring a "small number of cases of community transmission of unknown origin" as of today, Massachusetts had reported 108 cases of COVID-19. (Photo by Joseph Prezioso / AFP)

U.S. virus job losses hit 22 million as Trump eyes restart

Apr 16, 2020 - 11:55 PM

(UPDATED) The coronavirus is cited as the reason for rising unemployment in every state that listed a cause, with widespread layoffs in various industries

(FILES) In this file photo taken on April 02, 2020, musician Lucas Goes wears a mask and gloves as he waits to pick up food for a delivery app in Beverly Hills, California, after losing his job during the novel coronavirus outbreak. - Amid the worsening economic damage from the coronavirus pandemic, another 5.2 million US workers were jobless and seeking unemployment benefits last week, the government reported on April 16, 2020. The data through April 11 indicate the world's largest economy has purged 22 million jobs since mid-March as the measures to contain the virus has forced companies, shops and restaurants to close their doors. (Photo by Apu GOMES / AFP)

U.S. economy purged 17 million jobs amid pandemic

Apr 09, 2020 - 11:35 PM

(UPDATED) Another 6.6 million file for unemployment benefits in the United States, bringing to 17 million the number of people who have become jobless since mid-March 2020

HALTED. A view shows near-empty Pentagon City Mall in Arlington, Virginia, on March 17, 2020. Photo by Mandel Ngan/AFP

U.S. employment plunges in March amid worsening coronavirus damage

Apr 04, 2020 - 8:50 AM

The United States economy loses 701,000 jobs and registers an unemployment rate of 4.4% in March 2020

(FILES) In this file photo taken on March 22, 2020, a deserted shopping center is seen in Key Largo, Florida, during the coronavirus (COVID-19) outbreak. - Another 6.65 million US workers filed for unemployment benefits last week, the most ever recorded, as the coronavirus forces businesses to shut down nationwide, the Labor Department reported on April 2, 2020. (Photo by CHANDAN KHANNA / AFP)

Coronavirus drives record U.S. job losses amid economic shutdown

Apr 02, 2020 - 11:15 PM

(UPDATED) Even analysts who had expected grim figures are stunned

(FILES) In this file photo taken on March 24, 2020, a Five Guys restaurant is closed due to the novel coronavirus (COVID-19) outbreak in Detroit, Michigan. - Another 6.65 million US workers filed for unemployment benefits last week, the most ever recorded, as the coronavirus forces businesses to shut down nationwide, the Labor Department reported on April 2, 2020. (Photo by SETH HERALD / AFP)

Stocks brush aside record U.S. unemployment surge

Mar 27, 2020 - 7:15 AM

Investors welcome the United States' proposed $2-trillion stimulus package and the G20's pledge on Thursday, March 26, to inject $5 trillion into the global economy

Pedestrians walk in front of a quotation board displaying stock prices on the Tokyo Stock Exchange in Tokyo on March 26, 2020. - Tokyo's key Nikkei index opened down more than three percent on March 26 on profit-taking after surging in recent sessions, although US stimulus plans offset worries over the COVID-19 coronavirus pandemic. (Photo by Kazuhiro NOGI / AFP)

Coronavirus pushes 3.3 million to claim U.S. jobless benefits

Mar 26, 2020 - 10:40 PM

Nearly every state in the US cites the coronavirus pandemic for the jump in initial jobless claims in the week ending March 21

(FILES) In this file photo taken on March 19, 2020, picnic tables block the closed doors of Abbey burger Bistro in Baltimore, Maryland after Maryland Governor Larry Hogan banned on-premise drinking and dining at area establishments due to the COVID-19 outbreak. - US unemployment claims rise 3.3 million for the week of March 21, 2020, according to the US Labor Department on March 26. The Coronavirus outbreak caused highest claims for US jobless benefits on record. (Photo by JIM WATSON / AFP)

Fed cuts 2013-2014 US economic growth forecast

Sep 19, 2013 - 8:04 AM

The US economy was expected to grow between 2 to 2 3 this 2013 instead of the 2 3 to 2 6 range seen 3 months ago the Fed said

A view of the White House in Washington, DC. AFP PHOTO/Brendan SMIALOWSKI

Asian shares down after disappointing US job figures

Aug 05, 2013 - 11:36 AM

Investors fail to follow Wall Street which closed last week on record highs despite job figures indicating that growth remains sluggish

POSTPONED. The joint partners Genting of Hong Kong and Andrew Tan-led Alliance Global decide not to push through with IPO amid market volatility. Photo by AFP

US jobless rate falls to 7.4% in July

Aug 02, 2013 - 8:53 PM

But the world s largest economy adds only 162 000 jobs last month well below the 175 000 expected on average by analysts

A view of the White House in Washington, DC. AFP PHOTO/Brendan SMIALOWSKI

Confidence in US economy lifts stocks

Jul 06, 2013 - 11:53 AM

US stocks moved higher for the second straight week as a solid US jobs report spurred confidence in the economic recovery

MORE JOBS. The US economy adds 195,000 jobs in June while unemployment rate remains at 7.6%. Photo by AFP

US adds 195,000 jobs in June, jobless rate steady

Jul 05, 2013 - 8:54 PM

3rd UPDATE The US economy adds 195 000 jobs in June while unemployment rate remains at 7 6

MORE JOBS. The US economy adds 195,000 jobs in June while unemployment rate remains at 7.6%. Photo by AFP

US jobless claims inch higher

Mar 21, 2013 - 9:25 PM

Some 2 000 more Americans become unemployed according to the latest United States Labor Department report

Shock jobs boost electrifies Obama campaign

Oct 06, 2012 - 11:02 AM

A relieved Barack Obama basks in shock good news as unemployment dipped below 8 to the lowest point of his presidency stealing headlines from Mitt Romney s thumping debate win