Republican Rep. Kevin Brady unveiled a bill that would offer a $1,200 cash bonus for Americans going back to work.
The falling rate of weekly claims suggest the US is "well beyond the peak of inflows into unemployment," said Deutsche Bank economist Justin Weidner.
The unemployment data breaks a record streak of job creation that dates back to 2010.
WASHINGTON (AP) — Nearly 3.3 million Americans applied for unemployment benefits last week — almost five times the previous record set in 1982 — amid a widespread economic shutdown caused ...
More than 40m Americans have filed for unemployment in two months, and many are struggling to make ends meet
Americans required to "shelter in place" should also be entitled to "shelter in job."
A wave of layoffs has gripped the American economy in the past week as bars, restaurants and shops shut down across the country, part of unprecedented efforts to control the spread of the ...
Job-loss projections range up to 4.6 million.
Millions more Americans sought unemployment benefits last week, suggesting layoffs broadened from consumer-facing industries to other segments of the economy and could remain elevated even ...
The most vulnerable workers amid the coronavirus economic crisis are those who can’t afford it.
As policymakers respond to the COVID-19 crisis, they should develop an approach to specifically support those who permanently lose their jobs.
The weekly figure is among the first data on the economic toll of the vast disruption of normal life and commerce caused by the coronavirus pandemic.