Apr 23 Watch 6:34 Why the pandemic is making U.S. economic inequality even worse By Paul Solman A new survey by the Pew Research Center finds 43 percent of U.S. adults say they or someone in their household has suffered a job loss or pay cut due to COVID-19. With such widespread impact, it will likely take… Continue watching
Apr 23 Gig workers and self-employed keep waiting for jobless aid By Christopher Rugaber, Associated Press Economists say the layoffs could send the unemployment rate as high as 20%, which would be the worst level since the Great Depression. But there are many more filings for jobless aid to come, including millions of independent contractors, gig… Continue reading
Apr 23 Virus pushes U.S. unemployment toward highest since Depression By David Crary, Kathy Gannon, Angela Charlton, Associated Press Unemployment in the U.S. is swelling to levels last seen during the Great Depression, with 1 in 6 American workers thrown out of work by the coronavirus. Continue reading
Apr 23 26 million have sought unemployment benefits since virus hit By Christopher Rugaber, Associated Press More than 4.4 million laid-off workers applied for U.S. unemployment benefits last week as job cuts escalated across an economy that remains all but shut down, the government said Thursday. Continue reading
Apr 20 Florida slowest state in U.S. to process unemployment claims By Bobby Caina Calvan, Associated Press Nearly 7 of every 8 Floridians who managed to file claims during the three weeks from mid-March until early April were waiting to have them processed. Continue reading
Apr 19 Watch 4:55 Decades-old unemployment systems can’t handle record demand By Christopher Booker More than 22 million people have filed for unemployment benefits in recent weeks due to the novel coronavirus. And those record numbers are taxing decades-old unemployment systems in states across the U.S., many which use a legacy programming language called… Continue watching
Apr 18 Watch 4:57 How companies are partnering to find the workers they need By PBS NewsHour Millions of people have lost their jobs in the U.S. because of the pandemic. But as restaurants and retailers have closed their doors, other businesses like pharmacies and grocery stores have been ramping up hiring to meet a surge in… Continue watching
Apr 16 Watch 3:42 Stories from Americans struggling with the pandemic’s economic fallout The U.S. is experiencing a sudden spike in unemployment not seen since the Great Depression. In about a month, 22 million lost their jobs, with many more cuts yet to come -- and a sense that even these staggering numbers… Continue watching
Apr 16 Watch 4:55 The pandemic has wiped out nearly all job gains since recession — and it’s not done yet U.S. job losses resulting from the COVID-19 pandemic are simply staggering. So far, they are roughly equivalent to the number of jobs created since the last painful recession. Elise Gould, senior economist with the nonprofit Economic Policy Institute, joins Judy… Continue watching
Apr 16 Another 5.2 million seek unemployment benefits, bringing total to almost 22 million in a month By Associated Press Roughly 22 million have sought jobless benefits in the past month — easily the worst stretch of U.S. job losses on record. Continue reading