Traders work on the floor of the New York Stock Exchange in the afternoon of October 14, 2015 in New York City. Andrew Burton | Getty Images News | Getty Images Check out the companies that make headlines after hours on Thursday: Ross Stores – Shares of the discount trade …
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James Walton, Director of Inventory and Warehouse for Helping Harvest, transports a box of food to a car, in Reading, Pennsylvania, May 29, 2020. Ben Hasty | Reading Eagle | Getty Images A jump in jobless claims back above 1 million could be a warning that the labor market is …
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WASHINGTON (AP) – The coronavirus recession hit fast and violently. Now, with the U.S. economy still five months later in the grip of the outbreak, the recovery looks fit and uneven – and painfully slow. The latest evidence came Thursday, when the government reported that the number of workers applying …
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Economists were optimistic that the US job market would be on a stable trajectory after recovery. But last week’s claims exaggerated forecasts, after last week’s report was the first under 1 million since March, the Department of Labor reported Thursday. Excluding seasonal adjustments, 891,510 people submitted regular claims for benefits …
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The number of people filing for unemployment benefits last week was higher than expected, raising concerns about the state of the economy as lawmakers struggle to move forward on a new coronavirus incentive package. The Department of Labor said initial unemployment claims for the week ending August 15 came to …
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