Distinct possibility: ‘Temporary’ layoffs may be permanent
Call it realism or pessimism, but more employers are coming to a reluctant conclusion: Many of the employees they’ve had to lay off in the face of the coronavirus pandemic might not be returning to their old jobs anytime soon.
Call it realism or pessimism, but more employers are coming to a reluctant conclusion: Many of the employees they’ve had to lay off in the face of the coronavirus pandemic might not be returning to their old jobs anytime soon.
Unemployment 'could be' nearing Great Depression levels: Mnuchin
More than a decade of job gains were erased in April; the stunning job losses are more than double what the U.S. saw during the 2008 financial crisis.
More than a decade of job gains were erased in April; the stunning job losses are more than double what the U.S. saw during the 2008 financial crisis.
New unemployment numbers include 3 members of one SoCal family
For Shelly Gates, Mother's Day is going to be tough. "There's not really anything to celebrate now."
For Shelly Gates, Mother's Day is going to be tough. "There's not really anything to celebrate now."
Stocks surge as economic recovery hopes put record unemployment in the rearview mirror
The Dow Jones Industrial Average gained over 455 points, or 1.91 percent, while the S&P 500 and the Nasdaq Composite rose 1.69 percent and 1.58 percent, respectively.
The Dow Jones Industrial Average gained over 455 points, or 1.91 percent, while the S&P 500 and the Nasdaq Composite rose 1.69 percent and 1.58 percent, respectively.
Jobless rate spikes to 14.7%, highest since Great Depression
The unemployment rate could reach 16% or more. Twenty-one million jobs may have been lost in April.
The unemployment rate could reach 16% or more. Twenty-one million jobs may have been lost in April.
Arizona still struggling to process unemployment claims
Arizona’s social services agency continues to struggle to process unemployment claims.
Arizona’s social services agency continues to struggle to process unemployment claims.
Coronavirus forcing early retirement? Here are your options
More than 30 million Americans have filed for unemployment since mid-March.
More than 30 million Americans have filed for unemployment since mid-March.
Nearly 3.2 million more workers seek jobless aid
Roughly 33.5 million people have now filed for jobless aid in the seven weeks since the coronavirus began forcing millions of companies to close their doors and slash their workforces.
Roughly 33.5 million people have now filed for jobless aid in the seven weeks since the coronavirus began forcing millions of companies to close their doors and slash their workforces.
Majority of US workers want to stay remote: Survey
Over 40 percent of respondents said that going forward, they want to work remotely more often.
Over 40 percent of respondents said that going forward, they want to work remotely more often.
Uber to lay off 3,700 workers, CEO to waive salary as coronavirus continues to hinder its business
Uber has already imposed a hiring freeze and has offered up to 14 days of financial assistance to drivers and delivery workers who were diagnosed with COVID-19.
Uber has already imposed a hiring freeze and has offered up to 14 days of financial assistance to drivers and delivery workers who were diagnosed with COVID-19.
More than 20 million US jobs vanished in April, ADP report shows
The report from payroll company ADP showed the tragic depth and scale of job losses amid the coronavirus pandemic.
The report from payroll company ADP showed the tragic depth and scale of job losses amid the coronavirus pandemic.
Matches were canceled due to COVID-19, so a Mexican wrestler began making 'lucha libre' face masks
A Mexican wrestler financially impacted by canceled wrestling matches due to the COVID-19 pandemic has dedicated his time to making “lucha libre” face masks to help others fight the virus.
A Mexican wrestler financially impacted by canceled wrestling matches due to the COVID-19 pandemic has dedicated his time to making “lucha libre” face masks to help others fight the virus.
Billionaires got $283B richer during coronavirus: Study
U.S. billionaire wealth collectively increased by $238 billion, a 10 percent gain, from March 18 to April 10 when more than 22 million Americans lost their jobs, according to a study by the Institute for Policy Studies, a progressive think-tank.
U.S. billionaire wealth collectively increased by $238 billion, a 10 percent gain, from March 18 to April 10 when more than 22 million Americans lost their jobs, according to a study by the Institute for Policy Studies, a progressive think-tank.
Andrew Yang calls for $2,000 a month for Americans during pandemic
“The first thing we need to do is put money in people’s hands so we can weather this crisis.”
“The first thing we need to do is put money in people’s hands so we can weather this crisis.”
US jobless claims soar past 30 million as 3.8 million more workers seek aid
More than 3.8 million laid-off workers applied for unemployment benefits last week as the U.S. economy slid further into a crisis that is becoming the most devastating since the 1930s.
More than 3.8 million laid-off workers applied for unemployment benefits last week as the U.S. economy slid further into a crisis that is becoming the most devastating since the 1930s.
Stocks wrap best month since 1987 as coronavirus recovery continues
The S&P and the Dow Jones Industrial Average wrapped the best month since 1987 despite sliding on Thursday as total job losses related to the coronavirus shutdown topped 30 million.
The S&P and the Dow Jones Industrial Average wrapped the best month since 1987 despite sliding on Thursday as total job losses related to the coronavirus shutdown topped 30 million.
Many laid-off US workers due to coronavirus might make more money with unemployment benefits
Unemployment benefits, combined with the additional coronavirus stimulus relief, means the average weekly payment to a laid-off worker should rise to about $978.
Unemployment benefits, combined with the additional coronavirus stimulus relief, means the average weekly payment to a laid-off worker should rise to about $978.
Controversy over DES Fraud Prevention Team as COVID-19 crisis continues
As the COVID-19 pandemic continues, the demand on the unemployment system is at all-time highs.
As the COVID-19 pandemic continues, the demand on the unemployment system is at all-time highs.
Some Valley businesses concerned for a potential May 1st reopening
While many businesses are preparing to reopen to the public on May 1st, some are in no rush to get back to business as usual.
While many businesses are preparing to reopen to the public on May 1st, some are in no rush to get back to business as usual.
No joke: Tupac Shakur needs unemployment benefits
It’s no joke — Tupac Shakur lives in Kentucky and needs unemployment benefits to pay his bills.
It’s no joke — Tupac Shakur lives in Kentucky and needs unemployment benefits to pay his bills.