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Unemployment

U.S. weekly jobless claims fall; many unemployed losing benefits

U.S. weekly jobless claims fall; many unemployed losing benefits

By: Lucia Mutikani
Source: Reuters
Date of Publication: October 22nd, 2020
The number of Americans filing new claims for unemployment benefits fell more than expected last week, but remained very high as the labor market recovery shows signs of strain amid a relentless COVID-19 pandemic and ebbing fiscal stimulus.
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.
Secret provides direct assistance to support women affected by COVID-19

Secret provides direct assistance to support women affected by COVID-19

By: Tatiana Walk-Morris and Chris Kelly
Source: Marketing Dive
Date of Publication: October 6th, 2020
Secret on Monday kicked off its #RaiseItUp initiative, an effort aimed at supporting women's equality programs in partnership with YMCA USA, per a press release.
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.
Americans Keep Spending, but Growth of Retail Sales Slows - The New York Times

Americans Keep Spending, but Growth of Retail Sales Slows

By: Michael Corkery and Sapna Maheshwari
Source: The New York Times
Date of Publication: September 16th, 2020
Retail sales climbed 0.6 percent in August, but the increase was smaller than in previous months, prompting concerns of a recovery that is running out of steam.
American Airlines, unions make new push to win government payroll assistance _ Reuters

American Airlines, unions make new push to win government payroll assistance

By: David Shepardson, Tracy Rucinski
Source: Reuters
Date of Publication: September 16th, 2020
American Airlines AAL.O Chief Executive Doug Parker and seven major airline unions on Wednesday made a new push to win additional government assistance to keep nearly 20,000 workers on the payroll past Oct. 1.
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.
Fortune 500 CEO survey on how top companies are dealing with coronavirus pandemic, predictions for what's ahead _ Fortune

Fortune 500 CEO survey: How are America’s biggest companies dealing with the coronavirus pandemic?

By: Alan Murray
Source: Fortune
Date of Publication: May 14th, 2020
CEOs of the Fortune 500, surveyed in the last two weeks of April, believe it will be years before the effects of COVID-19 are purged from the U.S. economy.
Ford will cut 1,400 salaried jobs, offering early retirement - CNN

Ford will cut 1,400 salaried jobs, offering early retirement

By: Chris Isidore
Source: CNN
Date of Publication: September 2nd, 2020
Ford is looking to cut 1,400 white collar jobs in a cost-savings move.