Jobs
Associated Press/Photo by Lynne Sladky (file)

Unemployment, stock market show positive signs

by Kyle Ziemnick
Posted 8/13/20, 03:49 pm

WASHINGTON—New jobless benefit claims in the United States dropped below 1 million last week for the first time since the beginning of the coronavirus pandemic. The government’s report released on Thursday said unemployment applications fell for the second straight week, and employers laid off fewer workers across the country.

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Associated Press/Photo by Wilfredo Lee (file)

U.S. employment slowly improving

by Kyle Ziemnick
Posted 8/07/20, 12:42 pm

WASHINGTON—The U.S. economy picked up 1.8 million jobs in July, the Department of Labor reported on Friday. Employment collapsed in April as states locked down in response to the coronavirus pandemic, with a loss of more than 20 million jobs. Growth slowed some in July compared to May and June, when U.S. businesses added about 5 million and 3 million jobs, respectively.

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Associated Press/Photo by Nati Harnik (file)

Jobless claims drop slightly

by Kyle Ziemnick
Posted 8/06/20, 02:15 pm

WASHINGTON—Thursday’s report from the U.S. Department of Labor showed almost 1.2 million people applied for unemployment benefits last week. Although that number represents a 15 percent drop from the week before and the lowest since the beginning of coronavirus-related lockdowns, it marks the 20th straight week more than a million Americans have applied for unemployment. During the Great Recession in the early 2000s, weekly jobless claims never topped 700,000.

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