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More workers filed for unemployment benefits last week than in the worst four weeks of the global financial crisis in 2009

US Jobless Claims Begin Decline, But Still High At 3.2 Mn

US jobless claims begin decline, but still high at 3.2 mn

Thursday's Stock Market Close: US Equities Rally Despite Jobless Claims Data, Nasdaq Now Up Year-To-Date

U.S. stocks finished higher on Thursday although 3.17 million Americans filed for unemployment last week.

Norway’s Central Bank Surprisingly Cuts Interest Rate To Zero, Might They Go Negative?

Norway has suffered both from the pandemic and low oil prices.

Workers making masks at Honeywell in Phoenix all wear masks, but US President Donald Trump and his entourage did not

Nearly 80% of Laid-Off Workers Are Optimistic They’ll Return to Their Jobs

A Washington Post-Ipsos poll indicates that 77% of laid-off or furloughed workers expect to be rehired once stay-at-home orders are lifted. Just 20% believe it is somewhat or very unlikely they will be rehired by their former employer.

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Another 3.2 Mn Filed New US Jobless Claims Last Week

Another 3.2 mn filed new US jobless claims last week

Kevin Spacey Compares Himself To People Who Lost Their Jobs Amid Pandemic

Kevin Spacey has finally opened up about his "painful" journey for the first time in almost three years after being accused of sexual harassment by a string of men.

Unemployment is projected to rise and with it, poverty

US Unemployment: Over 20 Million Private-Sector Jobs Lost In April Due To Coronavirus Pandemic

A new report from ADP suggests the worst job loss in the U.S. in nearly 100 years.

European Commission chief Ursula von der Leyen has promised to help Italy in the fight against coronavirus

Coronavirus Impact: EU Economy May Shrink By 7.5% This Year, Worst Showing Since Great Depression

Before the virus emerged, the EU’s GDP was expected to rise 1.4% this year

Unemployment in the United States was at low levels not seen in decades before the coronavirus struck, but now jobless benefit claims have increased by millions

When Will The US Economy Get Better? New Poll Shows When American Expect The Recovery To Happen

30% said the economy already is in a depression but respondents predicted the stock market would rebound.

Fallout from the coronavirus has pushed Hong Kong deeper into recession with its worst quarterly downturn in modern times

Hong Kong Economy Shrinks Record 8.9% In First Quarter

Hong Kong economy shrinks record 8.9% in first quarter

Thursday's Stock Market Close: US Equities Fall, But Stocks Deliver Strong April Performance

U.S. stocks finished lower on Thursday as 3,84 million Americans filed initial jobless claims

State unemployment agencies have closed due to the coronavirus, but face a massive wave of workers applying for benefits

Record Number Of US Workers Receiving Jobless Benefits

Record number of US workers receiving jobless benefits

More Than 30 Million Americans Unemployed: Another 3.8 Million Seek Unemployment Benefits

The unemployment figures are higher than anything seen since the Great Depression when 25% of the populace was unemployed, about 15 million people.

Thursday's Stock Market Open: US Equities Fall On Huge Jobless Claim Filings, ECB Rate Decision

U.S. stocks opened lower on Thursday as 3.84 million Americans filed initial jobless claims

Workers wait in line to collect salaries in Shanghai

Help Wanted: Jobless China Workers Await Relief

Help wanted: Jobless China workers await relief

Coronavirus Recession: If You Think The First Quarter Was Bad, Just Wait For The Second

The U.S. economy suffered its sharpest contraction in the first quarter since 2008, a 4.8% drop in the gross domestic product -- and that only accounts for the first two weeks of lockdowns.

Coronavirus mitigation efforts have caused Germany's economy to splutter

Germany Faces 'Worst Recession' In Post-war History

Germany faces 'worst recession' in post-war history

Weekly claims for unemployment insurance in the United States

Will You Get Your Unemployment Check? Survey Finds Millions Of Americans May Be Shut Out Of System

A new survey appears to have found that millions of Americans left unemployed by coronavirus may be unable to receive benefits.

Wage Crisis: Nearly 50% Workers Will Earn More In Unemployment Benefits Than From Work

While many have used this revelation to attack the supposed generosity of unemployment benefits, in reality it exposes how 50 years of stagnant wages have created a perverse incentive system.

A passenger at Incheon airport near Seoul in South Korea comes prepared for COVID-19

South Korean GDP Shrank 1.3% In First Quarter; Second Quarter May Be Worse

South Korea’s economy contracted by 1.3% in the first quarter as the pandemic hurt imports, jobs.

Britain's nationwide lockdown was imposed on March 23 in a bid to halt the spread of the pandemic

Bank Of England Warns Of Worst Recession In Centuries

Bank of England warns of worst recession in centuries

Another 4.4 Million Americans Are Jobless As COVID-19 Continues Its ‘Heartbreaking’ Path Of Destruction

Last week's filings pushed the five-week total to 26 million with little hope life will return to normal soon.

Thursday's Stock Market Open: US Equities Open Higher Despite Another Huge Round Of Jobless Claims

U.S. stocks rose on Thursday although millions of Americans filed for unemployment.

Federal Reserve Chair Jerome Powell said the US central bank will continue to act aggressively to support the economy

Coronavirus Recession: Central Banks Try To Stave Off Depression, Could Buy Trillions More In Assets

Central Banks in the Group of Seven nations are vastly expanding their balance sheets to ease the impact of the coronavirus pandemic.

coronavirus update, doctors see more cases of failing kidneys where patients need dialysis

Coronavirus Recession: What Needs To Happen For Economic Recovery? Testing On A Massive Scale

A Harvard study indicates we need to be doing 5 million coronavirus tests a day by June to reopen the economy fully.

A "closed" sign is viewed on the door of the Tenley/Friendship DC Public Library on March 16, 2020, in Washington, DC

Coronavirus Economy: Will The Pandemic Change Employer-Employee Relationships? What Experts Had To Say

Protecting employee rights may become more important once the coronavirus crisis passes, revitalizing unionization pushes.

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