Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.The Labor Department reported on Thursday that 4.4 million Americans filed for unemployment insurance in the week ending April 18.It's also the fifth week in a row that jobless claims have been in the millions, dwarfing the worst stretch of job losses during the Great Recession.
US weekly jobless claims were 4.4 million for the week ending April 18, the Labor Department said in a Thursday report. The consensuswho filed for unemployment insurance in the previous week, showing a continuing downward trend in jobless claims. Still, the past week's unemployment filings are still almost six times higher than the 665,000 who filed for unemployment in March 2009, the worst week of job losses during the Great Recession.
While losses are still steep, there is a silver lining in today's report — it is the third week in a row that jobless claims have declined, boosting hopes that unemployment is slowing. retail sales, US existing housing starts, consumer sentiment, and industrial production all posted historic dropsAs job losses due to the coronavirus pandemic have persisted, industries such as the arts, retail, and restaurants have been hit hard. But unemployment has even crept beyond the industries first hit by the economic shutdown — healthcare, thought to be a recession-proof industry, is also seeing job losses.
scientist need to step up on their efforts on finding a way to curve this virus or more people will lose their jobs.. You guys wanted national spot light.. well you got it! 🌏👀.. the world is watching you!
One day I should start getting the PUA NY says I'm eligible for.... right?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Several major US banks are being sued for unfair PPP lending practices - Business InsiderJPMorgan Chase, Wells Fargo, Bank of America and US Bank are being sued for unfair practices in their processing of Paycheck Protection Program loans. Hate to break it to you but this is all banks regardless of size Government should have done a better job on incentivizing banks on processing smaller payroll loans than larger. They did try with a tiered commission but it wasn’t effective enough. As a reminder, people should never want big government cause they rarely get things done right Unethical
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stanford economist says the US needs a 'New New Deal' - Business InsiderLawmakers need to look back to FDR-era policies for a 'New New Deal' as a solution to the pandemic's economic fallout, Matthew Jackson said. Such a shame to see
Source: BusinessInsider - 🏆 729. / 51 Read more »
2nd coronavirus wave could US harder than current outbreak: CDC director - Business InsiderCDC Director Robert Redfield said a second wave of COVID-19 coinciding with the regular flu season could be disastrous for hospitals. Should of would of could of, everyone wear a mask and wash your hands. No large gatherings over 50 and we are good to go! El director de Centros para el Control y Prevención de Enfermedades CDC (por su siglas en inglés) dice que una segunda ola de coronavirus en el invierno podría golpear a los EE.UU. más fuerte que el brote actual. by: It will also not be taken seriously. Lot of people will die.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Spotify took first place in brand intimacy among US consumers - Business InsiderSpotify's personalization and social features fueled it to the No.1 spot on brand intimacy –– and that high user trust could attract ad dollars.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Reopening economy too soon could send US debt skyrocketing - Business InsiderA new analysis shows what states are risking by reopening too early: A longer pandemic that could kill more Americans and send the national debt skyrocketing both he and gates both have patents on parts on the coronavirus “If we nominate Trump, we will get destroyed.......and we will deserve it.” LG (he meant the GOP but Trump is ambitious so why not the whole country?)
Source: BusinessInsider - 🏆 729. / 51 Read more »
People posting oil memes after US price drops below $0 for first time - Business InsiderAs oil prices plummeted as a result of the coronavirus pandemic, people made memes on Twitter about becoming oil barons for mere pennies. BrianRivera45
Source: BusinessInsider - 🏆 729. / 51 Read more »