About 41 million people have now applied for aid since the virus outbreak intensified in March, though not all of them are still unemployed.
Some have reportedly mistaken their Economic Impact Payment debit cards as junk mail after being confused by the envelope.
Roughly 38.6 million people have now filed for jobless aid since the coronavirus forced millions of businesses to close their doors and shrink their workforces, the Labor Department said Thursday.
If you’re one of the millions of Americans making less or receiving unemployment benefits because of the coronavirus pandemic, you’re probably working to recalibrate your finances.
U.S. equity markets soared Monday after drugmaker Moderna announced progress toward a COVID-19 vaccine and as lockdowns continued to ease nationwide.
U.S. retail sales tumbled 16.4% from March to April as business shutdowns caused by the coronavirus kept shoppers away, threatened stores across the country and weighed down a sinking economy.
The outlook is hazy for a second cash payment for Americans who have been impacted by the coronavirus pandemic.
Roughly 36 million people have now sought jobless aid in just the two months since the coronavirus first forced businesses to close down and shrink their workforces, the government said Thursday.
Nearly 3 million laid-off workers applied for U.S. unemployment benefits last week as the viral outbreak led more companies to slash jobs even though most states have begun to let some businesses reopen under certain restrictions.
President Trump said Monday his administration is considering a second round of coronavirus stimulus payments.
Call it realism or pessimism, but more employers are coming to a reluctant conclusion: Many of the employees they’ve had to lay off in the face of the coronavirus pandemic might not be returning to their old jobs anytime soon.
The unemployment rate could reach 16% or more. Twenty-one million jobs may have been lost in April.
Gov. Tim Walz left the door open to state worker layoffs Tuesday after Minnesota budget officials said the coronavirus pandemic would cause a $2.4 billion budget deficit.
More than 3.8 million laid-off workers applied for unemployment benefits last week as the U.S. economy slid further into a crisis that is becoming the most devastating since the 1930s.
Gov. Tim Walz will announce Thursday afternoon whether he will extend Minnesota’s stay-at-home order beyond Monday, May 4, when it is set to expire.
The U.S. economy shrank at a 4.8% annual rate last quarter as the coronavirus pandemic shut down much of the country and began triggering a recession that will end the longest expansion on record.
One out of every four American adults say someone in their household has lost a job to the coronavirus pandemic, but the vast majority expect those former jobs will return once the crisis passes
Minnesota Gov. Tim Walz has joined a pact with six other Midwestern governors, pledging to work in "close coordination" on how to reopen the regional economy.