Unemployment

Motorcycle maker is latest company to reduce workforce as coronavirus spreads.

Wary of rehiring and retraining costs, most S&P 500 firms that announced staff reductions have avoided permanent layoffs; whether that lasts may depend on the recovery.

The latest jobs report shocker may have missed a troubling trend. Crossmark Global Investments’ Victoria Fernandez warns it didn’t capture the fallout from surging coronavirus cases.

“The data was collected through the middle of June,” the firm’s chief market strategist told CNBC’s “Trading Nation” late last week. “It was really the second half of June when we saw states like where I am here in Texas start to reverse their opening up plans. That did not get captured in this number completely.”

The US unemployment rate fell to 11.1% as the economy added a record 4.8 million jobs in June, the Bureau of Labor Statistics reported on Thursday.

The U.S. economy created jobs at a record clip in June as more restaurants and bars resumed operations, further evidence that the COVID-19 recession was probably over, though a surge in cases of the coronavirus threatens the fledgling recovery.

American car giant starts yearlong return program, Ford Promise, for customers unsure of job security.

Sonos is laying off 12 percent of its workforce because of the coronavirus pandemic, according to a Securities and Exchange Commission filing from Tuesday.

Had a setback. Over 11 million gig workers on unemployment insurance. But four states, including Florida, still can’t process federal PUA claims.

As coronavirus hot spots flare across the U.S., adding to economic worries, new jobless claims surpassed one million for the 14th week.

Restaurant chain breaks with its own history to offer discounts during pandemic.