jobs

U.S. unemployment dropped unexpectedly in May to 13.3% as reopened businesses began recalling millions of workers faster than economists had predicted, triggering a big rally Friday on Wall Street and giving President Donald Trump something to boast about in his reelection bid. The jobless rate is still on par with what the nation witnessed during the Great Depression. And for the...

President Donald Trump is taking a victory lap after the government reported surprising job gains for last month

Nearly 1.9 million people applied for U.S. unemployment benefits last week, the ninth straight decline since applications spiked in mid-March, a sign that the gradual reopening of businesses has slowed the loss of jobs

U.S. businesses shed 2.76 million jobs in May, as the economic damage from the historically unrivaled coronavirus outbreak stretched into a third month

Tens of millions of Americans have lost their jobs during the coronavirus pandemic, of that there is no doubt. But when you try to pinpoint precisely how many tens of millions, that’s where things can get a little bit complicated. Here’s how to make sense of the latest eye-popping numbers. Q: I see headlines saying more than 40 million...

The U.S. government is set to sketch its latest picture of the layoffs that have left tens of millions of people unemployed but have slowed as states increasingly allow businesses to reopen

Nearly 36.5 million people have filed unemployment claims in the past two months as a result of the coronavirus crisis, with 2.981 million of those claims being filed for the week ending May 9. Though the pandemic has undoubtedly impacted millions of Americans, data from the Bureau of Labor Statistics shows that women are disproportionately feeling the brunt of these losses.

The government is set to provide its latest update on the waves of layoffs that have caused tens of millions of workers to lose their jobs in a U.S. economy still paralyzed by business shutdowns

For the more than 33.5 million Americans who’ve filed for unemployment since mid-March, the stress of living during the pandemic includes dealing with theadditional stress of job loss. Even in the most normal of circumstances, “involuntary job loss is one of the most stressful events on the scale of stressful life events,” says Monique Valcour, an executive coach, keynote speaker and management professor. With millions...

As the economic damage from the pandemic reaches historic levels, college seniors are concerned to enter the job market.

Foxwoods Resort Casino announced Friday that it will temporarily lay off the majority of its workforce without benefits due to the coronavirus crisis. The Mashantucket Pequot and Mohegan Tribal Nations agreed to shut down their casinos in March to help curb the spread of the coronavirus. Foxwoods opened in 1992 and had never closed before the pandemic. In Friday’s announcement,…

Private payrolls hemorrhaged more than 20 million jobs in April as companies sliced workers amid a coronavirus-induced shutdown that took most of the U.S. economy offline, according to a report Wednesday from ADP. In all, the decline totaled 20,236,000 — easily the worst loss in the survey’s history going back to 2002 but not as bad as the 22 million that…

With the coronavirus pandemic bringing much of the country to a standstill, many colleges and universities have decided to cancel or postpone their graduation ceremonies indefinitely. And with a discouraging job market, it can be hard for seniors to stay afloat. “I think my biggest fear is finding a good job that I’ll be able to support myself with,” Gabriella Craig,...

The U.S. government is expected to issue another bleak report on the layoffs that have cut through America’s workforce since the coronavirus forced businesses across the country to shut down starting last month

If you’ve recently been laid off from your job or are worried you could be, you may be wondering if you’re entitled to a severance package, what it covers and if you’ll be able to negotiate certain elements of it. Getting clarity around what will happen to your pay, insurance coverage and other benefits can help you bridge the gap...

In just the last month we’ve begun to see outbreak-related layoffs and widespread economic uncertainty as a result of COVID-19. For those now looking for work, here is a list of the companies hiring right now.

Dr. Anthony Fauci said relaxing social isolation guidelines would likely not be “one size fits all” as different counties experience varying intensities of the outbreak. “I think you’re going to have to take it individually,” he said.

More than 6.6 million Americans applied for unemployment benefits last week — doubling a record high set just one week earlier — a sign that layoffs are accelerating in the midst of the coronavirus outbreak. Combined with last week’s report that 3.3 million people sought unemployment aid two weeks ago, the U.S. economy has now suffered nearly 10 million layoffs…

6.6 million people applied for unemployment benefits last week shattering the previous record of 3.3 million from the week before.

NBC Owned Television Stations across the country asked our viewers and readers about your lives since coronavirus struck the country. How has it affected you and your family, your job and your community? What are your concerns and how is your community coping? More than 2,000 of you responded.