Unemployment gap widens as overall rate falls
Eugene Scalia: August unemployment rate is ‘very good news’, but ‘we’re not done’ FOX Business’ Cheryl Casone reports on the unemployment rate falling to 8.4 percent in August. Then, Labor … Read More
Tag: Unemployment
Some unemployed Americans will soon receive an extra $300 per week as states roll out bonus relief benefits from FEMA
After the weekly federal supplemental unemployment benefits lapsed in July, President Trump allotted $44 billion in additional funds for FEMA to provide to states for unemployment relief. Every state besides … Read More
Low unemployment doesn't warrant higher interest rates, Fed's Clarida says
Kansas City Federal Reserve president on whether US economy suffered long-term damage from COVID shutdown Esther George joins Fox Business Network’s Edward Lawrence to discuss signs of life for the … Read More
Next Jobless Aid Bill Could Decide Path of U.S. Economic Rebound
The unemployment aid deal being negotiated by Democratic and Republican lawmakers and the White House could at best maintain U.S. household income at full force, or at worst knock out … Read More
U.S. Jobless Claims Rise For 2nd Straight Week, But Edge Up Less Than Expected
First-time claims for U.S. unemployment benefits increased for the second straight week in the week ended July 25th, according to a report released by the Labor Department on Thursday, although … Read More
Unemployment claims rise for second straight week as coronavirus spike curbs recovery
Coronavirus pandemic forcing another company to cut jobs Fox Business Briefs: L Brands is planning to lay off about 15 percent of its corporate employees, approximately 850 people. The number … Read More
Scalia talks unemployment and the next coronavirus stimulus
How will new coronavirus restrictions impact the job market? Labor Secretary Eugene Scalia discusses the impact on jobs on ‘Your World.’ Labor Secretary Eugene Scalia appeared on "Your World" Friday, … Read More
A Jobless Recovery Is Becoming a Real Risk for Europe’s Economy
With job cuts mounting and costly furlough programs that can’t last forever, Europe is at risk of a devastating increase in unemployment that won’t be easy to reverse. Economies across … Read More
A breakdown of where the jobs are coming back and where they may never fully return
CNBC studied the short-term and long-term employment changes in a variety of sub-industries to isolate Covid-19 from more-enduring trends. One economist said the road to total employment recovery may take … Read More
Vegas Is Reopening. But When Will The Jobs Return?
Photography by Joe Buglewicz Tim Baer has no idea when he’ll return to work ― or whether he can keep his family safe and healthy when he does. Baer tends … Read More
Amazon To Convert 125,000 Temporary Workers To Permanent Roles
Amazon said it will convert 125,000 of the 175,000 temporary workers it hired in March amid the coronavirus pandemic, to permanent full-time employees in June. The e-commerce giant had hired … Read More