[NPR, Getty Images] Hiring accelerated last month as U.S. employers added 916,000 workers to their payrolls. It was the largest job gain since August, fueled in part by an improving public health outlook and a new round of $1,400 relief payments. The unemployment rate dropped to 6%, from 6.2% in […]
Read More
[CNBC, GETTY] Employment statistics for women of color were not only more severe when the Covid-19 pandemic began, but are more sluggish in improving. For white workers, the unemployment rate fell to 5.6% in February. But for Black and Hispanic workers, reported jobless rates were 9.9% and 8.5%, respectively. But […]
Read More
[The New York Times] U.S. employers added 245,000 jobs in November, a fifth month of tapering, amid a coronavirus surge. The American economic recovery continues to slow, stranding millions who have yet to find a new job after being thrown out of work by the coronavirus pandemic. The latest evidence […]
Read More
[CNBC, Getty Images] Negotiations on another Covid-19 relief bill are at an impasse. Some measures may get attached to a spending package that must pass by Dec. 11 to avert a government shutdown. Another weekly boost to unemployment benefits would most likely be part of the mix, according to unemployment […]
Read More
[Reuters] WASHINGTON (Reuters) – The number of Americans filing first-time claims for jobless benefits rose last week, likely as new business restrictions to control spiraling COVID-19 infections unleashed a fresh wave of layoffs, which could further slow the labor market recovery. The weekly unemployment claims report from the Labor Department on […]
Read More
CHICAGO (CBS)– The U.S. Department of Labor estimates 70,659 new unemployment claims were filed during the week of Nov. 2 in Illinois, according to the DOL’s weekly claims report released Thursday. While this number is based on advanced estimates, the Illinois Department of Employment Security (IDES) will be releasing a final […]
Read More
[CNBC, Getty Images] The CARES Act offered a $600 weekly boost to unemployment benefits from through July. Unemployed workers have seen a 50% to 100% rise in “financial fragility” as a result of the lapsing benefits, according to research. Fewer workers have been able to pay their bills on time […]
Read More
[CNBC, GETTY IMAGES] Nearly 13 million Americans were unemployed in September. That’s about 7 million more workers than pre-pandemic levels. The early part of the recession was characterized by temporary layoffs, or furloughs. But permanent job loss is rising. A growing share of workers are also “long-term” unemployed, meaning they’ve […]
Read More
[The New York Times] After taking the heaviest employment hit, women make a sharp rebound. Black unemployment rates are higher than those for other demographics Unemployment rates by race for men, women and over all The pandemic-induced downturn sent the unemployment rate for women skyrocketing, but the figure is also falling relatively quickly as […]
Read More
[The Wallstreet Journal, Bloomberg] As companies brace for years of pandemic-related disruption, thousands of furloughed workers are told they won’t be coming back American Airlines said that unless it receives more federal aid, it will furlough 17,500 union workers and move forward with 1,500 layoffs in its management ranks this […]
Read More