Unemployment claims totaled 1.48 million last week as unemployment related to the coronavirus pandemic remained stubbornly high, though those who received benefits fell below 20 million for the first time in two months. Economists surveyed by Dow Jones expected 1.35 million claims. While the weekly figures remained high and were …
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Unemployment fell in most states in May when the blockades were lifted and the reopened companies began to bring millions of workers back faster than some economists predicted. The latest figures from the Bureau of Labor Statistics show that unemployment rates were lowest in May in 38 states and the …
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The Brazilian indigenous Anita, from the Marubo ethnic group, is notified that she contracted the new coronavirus by a member of the Brazilian Armed Forces medical team. EVARISTO SA The International Monetary Fund cut its economic forecasts once again on Wednesday and warned that public finances will deteriorate significantly as …
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Tens of millions of Americans who lost their jobs due to the coronavirus pandemic have been able to raise an additional $ 600 in weekly federal unemployment benefits in recent months, in addition to the standard amount awarded by their state. For many households, the improved benefits have been a …
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A sign is seen in the window of a closed J.Crew store near Rockefeller Plaza on May 4, 2020 in New York City. ANGELA WEISS / AFP via Getty Images Approximately 14% of business owners who received a loan through the Paycheck Protection Program expect to fire workers once they …
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