Unemployment

Treasury Secretary Steven Mnuchin has suggested that if federal jobless benefits are extended, it will be in a different form than the flat $600 per week.

The End Of $600 Unemployment Benefits Will Hit Millions Of Households And The Economy

12:28pm July 20, 2020

by Scott Horsley

Millions of Americans who lost jobs during the pandemic are in danger of having their incomes cut for a second time. The sudden halt in payments would be felt in households and throughout the economy.

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$600 Unemployment Benefit Ending This Week

6:00am July 20, 2020

by Eddie Garcia

The additional $600 that people on unemployment have been receiving is about to run out. And it's ending a week earlier than many expected.

United Airlines says it plans to furlough up to 36,000 employees as the pandemic continues to batter the travel industry and much of the economy.

'Devastated': As Layoffs Keep Coming, Hopes Fade That Jobs Will Return Quickly

11:29am July 09, 2020

by Scott Horsley

Applications for jobless benefits are up again. "What we're seeing now is that lots more people who are unemployed are going to be unemployed for a longer period of time," economist Nick Bunker says.

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"We don't have a whole lot of options that don't involve risking our lives," says New Orleans resident Lauren Van Netta, who has asthma and other health issues.

'We Need Help': People At Higher Coronavirus Risk Fear Losing Federal Unemployment

4:15pm July 06, 2020

by Chris Arnold

An extra $600 a week in federal unemployment runs out at the end of July — even for people with underlying health conditions who are at much greater risk if they contract COVID-19.

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A restaurant server in New York prepares a table. But people remain cautious about going out and spending money.

Hiring Surged In June With 4.8 Million Jobs Added Before New Spike In Infections

5:05pm July 02, 2020

by Scott Horsley

The unemployment rate fell to 11.1%. But there are indications that the job growth has slowed recently amid a surge of new coronavirus infections.

Some nursing homes and long-term care facilities say they're struggling to fill shifts as certified nursing assistants opt for unemployment benefits during the pandemic.

Nursing Homes Struggle As Staff Choose Unemployment Checks Over Paychecks

7:01am June 21, 2020

by Gabrielle Emanuel

Some nursing homes and long-term care facilities say they're struggling to fill shifts as certified nursing assistants opt for unemployment benefits during the pandemic.

Boxes of food are loaded on vehicles last month at the Los Angeles Regional Food Bank. The country has officially entered a recession amid the pandemic, the National Bureau of Economic Research said Monday.

It's Official: U.S. Economy Is In A Recession

2:32pm June 08, 2020

by Scott Horsley

The committee tasked with marking U.S. business cycles says the economy peaked in February and has since been in a recession triggered by the pandemic. But it says the recession could be short-lived.

Seasonal agricultural workers plant peanuts next to wheat fields in China's Henan province. With tens of millions of urban and factory jobs lost, many of the newly unemployed have returned to their rural villages.

With China's Economy Battered By Pandemic, Millions Return To The Land For Work

11:47am June 08, 2020

Measures to mitigate the coronavirus pandemic have devastated China's economy, shutting factories and urban jobs that millions of migrant workers depend upon. Many now seek jobs in their villages.

A man walks by a CVS Pharmacy in San Francisco on May 7. U.S. employers unexpectedly added jobs last month as the unemployment rate fell.

May Surprise: U.S. Adds 2.5 Million Jobs As Unemployment Dips To 13.3%

4:47pm June 05, 2020

by Scott Horsley

U.S. employers unexpectedly added jobs last month as the unemployment rate declined, signs that people are returning to work as states reopen their economies. President Trump celebrated the news.

Tens of millions are out of work because of the coronavirus pandemic. Many wonder what they'll do when extra federal employment benefits are set to run out at the end of July.

New Unemployment Claims Dip Below 2 Million In Sign Pace Of Job Losses May Be Easing

10:34am June 04, 2020

by Scott Horsley

The Labor Department says about 1.9 million people filed for unemployment last week, but there are some signs that people may be returning to their jobs.