Tag Archives: Employment figures

Nonfarm payrolls increased by 4.8 million in June and the unemployment rate fell to 11.1% as the United States continued to reopen the coronavirus pandemic, the Labor Department said Thursday. Economists surveyed by Dow Jones had expected an increase of 2.9 million and an unemployment rate of 12.4%. The report …

For the tens of millions of Americans receiving unemployment benefits, the additional $ 600 increase will be exhausted sooner than expected. The weekly payments of $ 600 from the federal pandemic unemployment compensation program were implemented as part of the $ 2.2 billion CARES Act Congress approved in late March. …