Tag Archives: economy

Key California stats point to unemployment bottom

California’s reeling job market, knocked off its feet by government-mandated business shutdowns amid the coronavirus outbreak, may have staggered to a bottom for the economic downtown in the state, economists say. The evidence that the worst may be over for job losses in California? A sharp decline in the number …

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Coronavirus unleashing new wave of U.S. layoffs

FILE PHOTO: A handful of pedestrians walk through Times Square as streets remain relatively quiet due to the continuing outbreak of the coronavirus disease (COVID-19) in the Manhattan borough of New York U.S., May 5, 2020. REUTERS/Lucas Jackson/File Photo WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits …

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New wave of U.S. layoffs feared as coronavirus pain deepens

WASHINGTON (Reuters) – Job cuts by U.S. state and local governments whose budgets have been crushed fighting the COVID-19 pandemic and more second-wave layoffs in the private sector likely contributed last week to a 10th straight week of more than 2 million Americans seeking unemployment benefits. FILE PHOTO: A “We’re …

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