Apr 15 More states begin to pay additional $600 in unemployment aid By Chris Rugaber, Associated Press At least 32 states will provide the extra federal benefits by the end of this week -- nearly a month after businesses began shutting down across the country because of the coronavirus outbreak. Continue reading
Apr 11 Watch 6:05 Turning to social media for help in the wake of COVID-19 By Sam Weber More than 16 million Americans have applied for unemployment benefits in the last three weeks as the COVID-19 pandemic grinds the economy to a near halt. Even as many wait for the first direct payments from the U.S. government as… Continue watching
Apr 10 Watch 9:35 Congress has allocated $350 billion in small business loans. Why can’t owners get them? The economic emergency driven by the coronavirus pandemic is especially brutal for small businesses, many of which experienced an abrupt and complete loss of income. Although federal aid has been allocated to assist them, logistical obstacles to getting the funds… Continue watching
Apr 09 Watch 3:27 After losing their jobs, these Americans face painful choices The latest jobless claims reinforce the sense of an emerging U.S. economic crisis -- one that is likely to worsen in the coming weeks and months. To put the numbers in real-life context, we share stories from workers who have… Continue watching
Apr 09 U.S. economy unlikely to ‘boom’ post-pandemic By Josh Boak, Associated Press There are emerging signs any U.S. economic recovery will fail to match the speed and severity of the collapse that occurred in just a few weeks, despite President Donald Trump's promises of a strong rebound… Continue reading
Apr 09 Record 16.6 million have sought U.S. jobless aid since virus By Associated Press The figures collectively constitute the largest and fastest string of job losses in records dating to 1948. Continue reading
Apr 03 For workers affected by coronavirus job cuts, insurance marketplaces may offer help By Tom Murphy, Associated Press The health insurance markets are a backbone of the Obama-era law that President Donald Trump has tried to demolish. They are now seen as a key option to help protect people from devastating medical bills while they search for another… Continue reading
Apr 03 WATCH: White House gives updates on U.S. coronavirus response By Associated Press The president and the White House coronavirus task force are expected to hold a news briefing at 5 p.m. ET. Watch live here. Continue reading
Apr 03 Novel coronavirus ends 50-year-low jobless rate in U.S. By Michael Sisak, John Leicester, Aritz Parra, Associated Press The U.S. government figures do not include the last two weeks, when nearly 10 million thrown-out-of-work Americans applied for unemployment benefits. Continue reading
Apr 02 Watch 4:29 Stories from Americans suffering the pandemic’s financial fallout The loss of jobs caused by the coronavirus pandemic and its fallout is unprecedented in the U.S. Over 10 million Americans became unemployed in the past two weeks alone -- and economists say there are many more who have not… Continue watching