UNEMPLOYMENT

Stocks sink on second virus wave fear, US jobs

The official unemployment rate jumped to 6.2%, although the true figure is probably much higher

U.S. stocks fell on Thursday as the unemployment picture darkened even further

New US jobless claims slow, but still high at 2.98 mn

Thursday's numbers bring to more than 36 million the number of Americans who have filed initial unemployment claims since coronavirus shutdowns began.

The stimulus package amounts to 10% of Indian GDP

Virus-slammed UK economy slumps at fastest pace since 2008

Around 23.1 million people were counted as unemployed in April, but that does not include individuals who have given up looking for work.

The Trump team reportedly had a total of $255 million cash in the bank, as of April.

Multinationals in the time of virus: who wins, who loses

U, V, W or L? The alphabet soup of economic recovery scenarios

Poised to stage the earliest recoveries from the COVID-19 economic catastrophes are cities not that heavily populated but with highly-educated residents.

Treasury secretary Steve Mnuchin warns of a "very, very bad second quarter" as COVID-19 continues to stoke unemployment to horrific levels.

U.S. unemployment hit 14.7% in April, the highest since the Great Depression.

A study by the Well Being Trust estimates the deaths to range between 27,644, assuming the economy recovers quickly, and 154,037 in a slow-recovery scenario.

The Labor Department said more than 20 million jobs vanished in April

Canada loses most jobs ever due to pandemic, unemployment hits 13%

Of the job losses reported today, just 2 million were permanent while 18.1 million unemployed persons reported being temporarily laid-off.

U.S. stocks opened higher on Friday despite report noting 20 million jobs were lost in April.

Experts had predicting an unemployment rate for April as high as 20%.

Jobless Americans can only hang on as pandemic rages