unemployment

Just when you hoped or thought things could not get worse on the jobless and unemployment news, they did. Weekly jobless claims hit a whopping 6.6 million last week.
Jon C. Ogg
Summer jobs could fall by half year over year as the U.S. economy continues to struggle with the coronavirus outbreak.
Paul Ausick
TJX says it will furlough a majority of its employees, most from its stores and distribution centers, but top executives will not get by unscathed.
Chris Lange
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.
Douglas A. McIntyre
Unemployment skyrocketed and payrolls began a major retreat in March. Sadly, the reported numbers are just the start as they did not include the most recent data.
Jon C. Ogg
The peak unemployment level of the Great Depression was nearly 25% in 1933. Such a jobless rate may be closer than people think.
Douglas A. McIntyre
U.S. companies announced more than 222,000 job cuts in March, a year-over-year increase of nearly 300%. The vast majority of the job losses were attributed to the outbreak of COVID-19.
Paul Ausick
The unemployment situation has gone from the best jobs market ever to an atrocious job market faster than any time in history.
Jon C. Ogg
Total nonfarm private sector payrolls were down only 27,000 in ADP's report for March, but that did not include all the data.
Jon C. Ogg
Gap and Urban Outfitters are the newest retailers joining the list of companies that are furloughing employees in the wake of the COVID-19 pandemic.
Chris Lange
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...
Jon C. Ogg
A recent survey by Challenger, Gray & Christmas indicates that nearly all U.S. companies have either already instituted or are considering instituting work-from-home policies during the coronavirus...
Paul Ausick
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.
Jon C. Ogg
This dramatic impairment of economic activity in the United States and around the world will make for some very ugly economic numbers.
Chris Lange
While most businesses are laying off or furloughing employees, Dollar General is going in the opposite direction.
Chris Lange