The nation’s hiring boom that began more than two years ago is over, a casualty of COVID-19, as the number of workers who have lost their jobs due to the pandemic continues to grow. Get the Full Story Complete the form to unlock this article...
By the numbers the news is not bright this week — pretty much no matter where one looks as the coronavirus pandemic continues. Unemployment filings have had their second wrong type of record-breaking week in a row — with a staggering 6.6 million for the week...
These are the kinds of records that no one wants to see broken. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
In another sign that the nation’s economy is suffering amid the COVID-19 pandemic, the number of new jobless claims reached record levels last week, double the pace set a week ago, the U.S. Department of Labor reported on Thursday (April 2). Get the Full Story...
It is easy – and becoming easier by the day – to look at the business world and see trends indicating where the money isn’t flowing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Boston Federal Reserve President Eric Rosengren said on Wednesday (April 1) that despite the best efforts of politicians and central bankers to contain COVID-19’s economic impacts, the U.S. jobless rate seems poised to shoot way up – especially among low-wage workers. Get the Full Story...
The latest jobs data show bad news … more than likely to get much, much worse. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
As the coronavirus spreads throughout the United States, Treasury Secretary Steve Mnuchin told “Face the Nation” Sunday (March 29) that Americans should be receiving $1,200 stimulus money within the next three weeks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Consumer sentiment in the U.S. is down to a three-and-a-half-year low due to the effects of the coronavirus and social distancing measures, and consumer spending is down as well, according to a report by Reuters. Get the Full Story Complete the form to unlock this...
