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Job losses

Nike to cut 700 jobs at its Oregon headquarters by 2021 _ Fox Business

Nike to cut 700 jobs at its Oregon headquarters by 2021

By: Lucas Manfredi
Source: Fox Business
Date of Publication: November 2nd, 2020
Kristen Lupo, Nike's vice president of Total Rewards, said in the statement that bumping rights will not be available for affected employees and that those not represented by a labor organization will be notified directly.
Jobless claims head higher: 898,000 Americans filed for unemployment benefits

Jobless claims head higher: 898,000 Americans filed for unemployment benefits

By: Anneken Tappe and Tami Luhby
Source: CNN Business
Date of Publication: October 15th, 2020
Americans filed another 898,000 first-time jobless claims last week on a seasonally-adjusted basis, according to the Department of Labor. That's more than economists had expected and up 53,000 from the prior week.
U.S. weekly jobless claims inch lower, but remain stubbornly high

U.S. weekly jobless claims inch lower, but remain stubbornly high

By: Dan Burns
Source: Reuters
Date of Publication: October 8th, 2020
The number of Americans filing new claims for jobless benefits inched down last week, signaling the U.S. labor market is making little fresh headway in getting millions of people back on the job after being out of work due to COVID-19 disruptions.
Scorsese, Eastwood say U.S. movie theaters may not survive pandemic

Scorsese, Eastwood say U.S. movie theaters may not survive pandemic

Source: Reuters
Date of Publication: September 30th, 2020
Oscar-winning film directors James Cameron, Clint Eastwood and Martin Scorsese joined forces with movie theater owners on Wednesday in an appeal for financial help, saying they feared for the future of the industry.
Another 870,000 workers filed for jobless benefits last week

Another 870,000 workers filed for jobless benefits last week

By: Eli Rosenberg
Source: Washington Post
Date of Publication: September 24th, 2020
Another 870,000 new applications for unemployment insurance were processed last week, a slight increase from the week before, as unemployment claims remain stubbornly high six months into the pandemic.
Jobless claims were lower than expected but employment growth is still sluggish

Jobless claims were lower than expected but employment growth is still sluggish

By: Jeff Cox
Source: CNBC
Date of Publication: September 17th, 2020
First-time claims for unemployment insurance beat Wall Street estimates last week as the U.S. economy enters a critical new stage. Filings totaled 860,000 for the week ended Sept. 12, the Labor Department reported Thursday. Economists surveyed by Dow Jones had expected 875,000, against the previous week’s upwardly revised 893,000.
U.S. weekly jobless claims flattening; labor market recovery showing signs of fatigue

U.S. weekly jobless claims flattening; labor market recovery showing signs of fatigue

By: Lucia Mutikani
Source: Reuters
Date of Publication: September 10th, 2020
The number of Americans filing new claims for unemployment benefits hovered at high levels last week, suggesting the labor market recovery from the COVID-19 pandemic was stalling.
U.S. weekly jobless claims rise for a second straight week, total 1.434 million

U.S. weekly jobless claims rise for a second straight week, total 1.434 million

By: Fred Imbert
Source: CNBC
Date of Publication: July 30th, 2020
The Labor Department said initial weekly jobless claims last week came in at 1.434 million. Economists polled by Dow Jones expected claims to rise to 1.45 million. It was the 19th straight week in which initial claims totaled at least 1 million and the second consecutive week in which initial claims rose after declining for 15 straight weeks.
Weekly claims turn higher as coronavirus jobs crisis inflicts more damage

Weekly claims turn higher as coronavirus jobs crisis inflicts more damage

By: Fred Imbert
Source: CNBC
Date of Publication: July 23rd, 2020
The Labor Department said initial jobless claims came in at 1.416 million for the week ending July 18, the 18th straight week in which initial claims totaled more than 1 million. Economists polled by Dow Jones expected a print of 1.3 million. Thursday’s report also snapped a 15-week streak of declining initial claims.
American unemployment claims are on the rise again for the first time in 4 months

American unemployment claims are on the rise again for the first time in 4 months

By: Anneken Tappe and Tami Luhby
Source: CNN Business
Date of Publication: July 23rd, 2020
America's jobless crisis is far from over. Thursday's Department of Labor report hammered that point home: Another 1.4 million Americans filed for first-time unemployment benefits last week, marking the first increase in initial claims in 16 weeks.