MercoPress. South Atlantic News Agency
Tag: Labor Department
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Friday, June 5th 2020 - 09:45 UTC
Covid-19 human toll: US unemployment expected to reach 20% in May
The U.S. unemployment rate likely shot up to almost 20% in May, a new post World War Two record, with millions more losing their jobs, exposing the horrific human toll from the COVID-19 crisis.
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Thursday, April 2nd 2020 - 07:50 UTC
US unemployment claims expected at record high: 80% Americans under some form of lockdown
The number of Americans filing claims for unemployment benefits likely shot to a record high for a second week in a row as more jurisdictions enforced stay-at-home measures to curb the coronavirus pandemic, which economists say has pushed the economy into recession.
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Saturday, October 5th 2019 - 09:37 UTC
US unemployment at a record 50-year low in September, but manufacturing fell sharply
The U.S. unemployment rate dropped to near a 50-year low of 3.5per cent in September, with job growth increasing moderately, suggesting the slowing economy could avoid a recession for now despite trade tensions that are hammering manufacturing.
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Friday, January 25th 2019 - 09:42 UTC
US economy showing best employment numbers in almost half a century
The number of United States citizens filing applications for unemployment benefits fell to more than a 49-year low last week, but the drop likely overstates the health of the labour market as claims for several states including California were estimated.
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Saturday, January 5th 2019 - 08:34 UTC
US economy ever so strong: 312.000 jobs added in December
The US economy created many more jobs than expected in December, according to the latest government data. Employers added 312,000 jobs, far ahead of predictions of 177,000, the Labor Department said.
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Saturday, October 6th 2018 - 09:05 UTC
US economy booming: unemployment at its lowest in 50 years, even when September was soft
Jobs created in the United States during September fell to its lowest level in a year though the unemployment rate dropped to a point not seen in nearly 50 years, according to the Labor Department figures released Friday.
