U.S. Bureau of Labor Statistics
The jobless rate, while breathtakingly high among other groups in May, was still much lower than for people ages 16 to 19.
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The Bureau of Labor Statistics unemployment report released on Friday was perhaps so strong that hopes for additional stimulus packages might actually fade.
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More employees appear to be heading back to work. The weekly jobless numbers are still ghastly compared to the past, but they are becoming less ghastly.
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Everyone knew it was going to be a ghastly jobs number, but there may be some decent news in the report.
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The Labor Department's report of more than 3 million jobless claims for the week ending May 2, 2020, actually might have some good news in it.
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About 30 million people have filed for weekly jobless claims since the beginning of March as the recession continues to rage, including almost 4 million people who filed for unemployment benefits...
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The number of weekly jobless claims in the past month has been nothing short of mind-boggling. Thursday’s top economic report was the weekly jobless from the U.S. Department of Labor, and its...
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If there is one type of job that is supposed to be considered “safe” and “essential” it would probably be a government job. What if government jobs in this instant recession...
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The U.S. Department of Labor reported on Thursday that weekly jobless claims totaled more than 5 million last week. That was less than in the prior week but more than the forecasts.
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The jobless rate will soar for months, as millions of workers in deeply wounded industries and in companies trying to preserve cash are pushed off the payroll.
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The peak unemployment level of the Great Depression was nearly 25% in 1933. Such a jobless rate may be closer than people think.
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The unemployment situation has gone from the best jobs market ever to an atrocious job market faster than any time in history.
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24/7 Wall St. has looked at the preliminary expectations for this week's unemployment and payrolls data. Some of the data seem drastic, but some of the absolute percentages and drops are likely to...
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It was no secret that the number of jobless claims was going to be bad as the COVID-19 delivered an instant recession to the global economy.
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Early indications are that the Bureau of Labor Statistics unemployment report could show 2 million jobs lost last month.
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