Unemployment

A woman walks into a closing Gordmans store, Thursday, May 28, 2020, in St. Charles, Mo. Stage Stores, which owns Gordmans, is closing all its stores and has filed for Chapter 11 bankruptcy. (AP Photo/Jeff Roberson)
June 08, 2020 - 6:42 pm
WASHINGTON (AP) — The U.S. economy entered a recession in February as the coronavirus struck the nation, a group of economists declared Monday, ending the longest expansion on record. The economists said that employment, income and spending peaked in February and then fell sharply afterward as the...
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Eldis Sula
June 08, 2020 - 1:10 pm
After an unexpectedly positive jobs report for the month of May, Americans are wondering if a second round of stimulus relief is less likely than ever.
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President Donald Trump speaks as he signs the Paycheck Protection Program Flexibility Act during a news conference in the Rose Garden of the White House, Friday, June 5, 2020, in Washington. (AP Photo/Evan Vucci)
June 05, 2020 - 9:47 pm
WASHINGTON (AP) — President Donald Trump effectively claimed victory over the economic crisis and COVID-19 on Friday as well as major progress against racial inequality, heartily embracing a better-than-expected jobs report in hopes of convincing a discouraged nation he deserves another four years...
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A Bombardier plant is seen in Montreal on Friday, June 5, 2020. Bombardier Aviation is reducing its workforce by about 2,500 employees due to challenges caused by COVID-19. The company said Friday that it had to make the move because business jet deliveries, industry-wide, are forecast to be down approximately 30% year-over-year due to the pandemic. (Paul Chiasson/The Canadian Press via AP)
June 05, 2020 - 7:42 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the national and global response, the work place and the spread of the virus. ________________________ JOB CONCERNS: — Mall operator CBL & Associates...
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Barber Luis Garcia walks out of the Castillo Barbershop where a sign "Now Hiring" is displayed, Friday, June 5, 2020, in Lawrence, Mass. The U.S. unemployment rate fell to 13.3% in May, and 2.5 million jobs were added — a surprisingly positive reading in the midst of a recession that has paralyzed the economy and depressed the job market in the wake of the viral pandemic. (AP Photo/Elise Amendola)
June 05, 2020 - 2:26 pm
WASHINGTON (AP) — U.S. unemployment dropped unexpectedly in May to 13.3% as reopened businesses began recalling millions of workers faster than economists had predicted, triggering a rally Friday on Wall Street and giving President Donald Trump something to boast about amid his reelection bid. The...
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June 05, 2020 - 9:26 am
OTTAWA, Ontario (AP) — Statistics Canada reported Friday the Canadian economy added 289,600 jobs in May, with businesses reopening amid easing public health restrictions. The unemployment rate rose to a record high of 13.7%, topping the previous high of 13.1% set in December 1982 in more than four...
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A woman walks past a boutique with a sale sign, Thursday, June 4, 2020, in Cleveland Heights, Ohio. The state says more than 34,000 Ohioans filed unemployment claims during the last week of May. That is the lowest figure since Ohio's stay-at-home orders depressed the economy and led to widespread layoffs. (AP Photo/Tony Dejak)
June 05, 2020 - 8:42 am
WASHINGTON (AP) — The U.S. unemployment rate fell to 13.3% in May from 14.7%, and 2.5 million jobs were added — a surprisingly positive reading in the midst of a recession that has paralyzed the economy in the wake of the viral pandemic. The May job gain suggests that businesses have quickly been...
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Unemployment line
Spencer Platt/Getty Images
WCBS 880 Newsroom
June 05, 2020 - 8:42 am
The unemployment rate dipped to 13.3 percent Friday after the U.S. added 2.5 million jobs in the month of May as the impact from the coronavirus eased.
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Johnny Lopez
June 05, 2020 - 5:59 am
Despite businesses beginning to reopen, nearly 1.9 million Americans filed for unemployment benefits last week. Since the start of the coronavirus pandemic in mid-March, over 42 million Americans have filed for unemployment benefits.
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In this Wednesday, June 3, 2020 photo, Juan Santos stocks shelves at the Presidente Supermarket in the Little Havana neighborhood of Miami. The U.S. government is set to issue its latest report on the layoffs that have left millions unemployed but have steadily slowed as many businesses have begun to reopen and to rehire some laid-off workers. (AP Photo/Wilfredo Lee)
Associated Press
June 04, 2020 - 10:05 am
WASHINGTON (AP) — Nearly 1.9 million people applied for U.S. unemployment benefits last week, evidence that many employers are still cutting jobs even as the gradual reopening of businesses has slowed the pace of layoffs. The total number of people who are receiving jobless aid rose slightly to 21...
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