Journalism of Courage
US unemployment
US UNEMPLOYMENT NEWS
The US averted one housing crisis, but another is in the wings
June 17, 2021 9:49 am
For the past year, lower-income tenants have relied heavily on government support to pay their monthly bills. These measures have helped about one-third of renters used unemployment or stimulus payments to pay rent at some point during the pandemic
US jobless claims drop; still at 847,000 as pandemic rages
January 28, 2021 10:03 pm
Last week's claims fell by 67,000, from 914,000 the week before, the Labor Department said Thursday. Before the virus hit the United States hard last March, weekly applications for jobless aid had never topped 700,000.
Bleak outlook without stimulus: More layoffs, anemic growth
October 08, 2020 5:16 pm
For roughly 25 million laid-off Americans who are receiving unemployment aid, weekly payments, on average, have shrunk by two-thirds since a USD 600-a-week federal benefit expired more than two months ago.
White House campaign urges jobless to 'find something new'
July 14, 2020 2:16 pm
The Trump administration has long emphasized skills-based job and vocational training as an alternative to two- or four-year college degree programs, arguing that college isn't for everyone and that many jobs don't require a degree.
Citing jobs, Donald Trump claims victory over coronavirus, economy collapse
June 06, 2020 10:10 am
In lengthy White House remarks amid sweeping social unrest, a still-rising virus death toll and Depression-level unemployment, the Republican president focused on what he said was improvement in all areas. He was quick to seize the positive jobs report at a time when his political standing is at one of the weakest points of his presidency less than five months before the general election.
26 million have sought US jobless aid since virus hit
April 23, 2020 7:04 pm
Economists are forecasting as many as 25 million jobs were lost in April after the economy purged 701,000 positions in March, which was the largest decline in 11 years.
Record 22 million have sought US jobless aid since virus
April 16, 2020 7:08 pm
Some economists say the unemployment rate could reach as high as 20% in April, which would be the highest rate since the Great Depression of the 1930s.
A record 6.6 million seek US jobless aid as layoffs mount
April 02, 2020 6:32 pm
The surging layoffs have led many economists to envision as many as 20 million lost jobs by the end of April.
Revival and challenge
December 29, 2014 12:21 am
For India, the upturn in the US economy is reason to cheer, and worry.
US Fed committed to easy policy for as long as needed: Bernanke
November 21, 2013 2:21 am
The target for the federal funds rate is likely to remain near zero.
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