26 Mar 2020

The Latest: 3.3M US jobless claims tops record set in 1982

Last week, 3.3 million Americans applied for unemployment benefits as a result of their place of employment closing amid the pandemic, which is more than quadruple the previous record set in 1982. China has also expressed discontent with the “Wuhan virus” name for the COVID-19 virus, and the Health Minister

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18 Jan 2019

‘Tens of Thousands’ of Government Contractors Laid Off Due to Shutdown

While the country’s unemployment rates are at a low, the next report could reflect some side effects of the shutdown: namely “tens of thousands” of layoffs by contractors who are losing around $1.5 billion per week. With 9,000 federal employees furloughed, employment is but one of the economic areas seeing

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