The number of people seeking U.S. unemployment aid rose slightly last week to 870,000.
U.S. equity markets were sharply lower Monday as investors weighed the possibility of more coronavirus shutdowns in Europe and uncertainty surrounding the U.S. election.
On Friday, the IRS announced that it will mail letters to people who did not file a return for either 2018 or 2019, but still may qualify for an Economic Impact Payment.
The number of Americans applying for jobless aid was unchanged last week at 884,000.
Amazon is on a hiring spree.
The U.S. unemployment rate fell sharply in August to 8.4% from 10.2% even as hiring slowed in August as employers added the fewest jobs since the pandemic began.
The number of laid-off Americans applying for unemployment benefits fell to roughly 880,000 last week.
Just over 1 million Americans applied for unemployment benefits last week, a sign that the coronavirus outbreak continues to threaten jobs even as the housing market, auto sales and other segments of the economy rebound from a springtime collapse.
The damage inflicted to the jobs market is expected to persist for years, IRS projections show.
With White House officials and top Democrats at a weeks-long impasse over another coronavirus relief package, Senate Republicans are preparing to unveil their own new proposal — a pared-down version of a previous bill that notably does not include a fresh round of stimulus checks.
The coronavirus recession struck swiftly and violently. Now, with the economy still in the grip of the pandemic five months later, the recovery looks fitful and uneven — and painfully slow.
Amazon Inc. announced plans Tuesday to expand operations and add thousands of jobs within six major U.S. tech hubs across the country.
Domino's announced Monday that it will hire more than 20,000 employees nationwide for positions including delivery drivers, pizza makers, customer service representatives, managers and assistant managers.
Domino's will hire more than 20,000 employees nationwide.
The number of Americans applying for unemployment benefits fell below 1 million last week for the first time since the coronavirus pandemic started in mid-March.
The Treasury Department says the U.S. budget deficit climbed to $2.81 trillion in the first 10 months of the budget year.
The iconic summer job for high school and college students has been on the wane for nearly 20 years. But the pandemic is squeezing even more young people out of the workforce.
The fate of a second stimulus check was thrown into uncertainty last week when White House officials and Democratic leaders missed a self-imposed deadline to cut a deal on another round of emergency coronavirus aid.
Amazon, celebrating the boom in e-commerce, is in discussions with Simon Property Group, the largest U.S. mall owner by number of malls with 204 properties, the Journal reported, citing people familiar with the matter.
A last-ditch effort by Democrats to revive Capitol Hill talks on vital COVID-19 rescue money collapsed in disappointment at week’s end, making it increasingly likely that Washington gridlock will mean more hardship for millions of people who are losing enhanced jobless benefits and further damage for an economy pummeled by the still-raging coronavirus.