Unemployment Up, Consumer Spending Down

Another 3.8 million Americans filed for unemployment last week. While the pace of unemployment filings has slowed since its peak in late March, the number of workers who…

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Unemployment Claims Last Week at 4.4 Million

Total now exceeds 26.5 million Americans who are jobless. Over the last five weeks, 26.5 million Americans have sought unemployment benefits, as the total for last week is…

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Another 5.2 Million Jobless Claims Filed

More than 16 million claims filed in three weeks. The Labor Department announced Thursday that another 5.2 million Americans filed for unemployment last week. Added to those filed…

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Jobless Claims Surge Again

Last week, 6.6 million filed for benefits. On Thursday, the Labor Department reported the number of workers claiming new unemployment benefits jumped by 6.6 million last week. Slowing…

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Record 3.28 Million File for Jobless Benefits

Numbers show the magnitude of the pandemic. A record number of American workers applied for unemployment benefits for the week ending March 21, as the coronavirus pandemic hit…

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U.S. Cases of COVID-19 Surpass 15,000

Several states begin issuing shelter in place orders. As of Friday over 15,000 confirmed cases of COVID-19 have been reported in the United States. So far, more than…

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President Trump’s Update on Current Actions

Department of Education and Treasure Department are making adjustments. President Trump reported he has been working with members of the Senate on the proposed $1 billion stimulus bill. He…

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New York Governor Issues Work From Home Order

75% of workforce must stay at home. On Friday, New York State Governor Andrew Cuomo ordered businesses to keep 75 percent of their workforce home as the number…

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Several Companies Hiring Amid COVID-19 Outbreak

Job losses expected to increase dramatically in coming months. As the ongoing COVID-19 pandemic continues to depress economic growth in the United States, several companies are attempting to…

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