US employers laid off 7.7 million workers in April
U.S. employers laid off 7.7 million workers in April _ a sign of just how deep the economic hole is after the closure of thousands of offices, restaurants, stores and schools during the pandemic.
U.S. employers laid off 7.7 million workers in April _ a sign of just how deep the economic hole is after the closure of thousands of offices, restaurants, stores and schools during the pandemic.
Georgia budget gap passes $850 million as revenues again lag
With a month left in the current budget year, Georgia’s shortfall widened to more than $850 million in May.
With a month left in the current budget year, Georgia’s shortfall widened to more than $850 million in May.
BP to cut 10,000 jobs worldwide amid COVID-19 pandemic
Chief Executive Bernard Looney said that the cuts will affect office-based roles in BP’s global workforce of 70,000 people and come mostly this year.
Chief Executive Bernard Looney said that the cuts will affect office-based roles in BP’s global workforce of 70,000 people and come mostly this year.
US unemployment drops unexpectedly to 13.3% amid outbreak
The U.S. unemployment rate fell unexpectedly in May to 13.3% — still on par with what the nation witnessed during the Great Depression — as states loosened their coronavirus lockdowns and businesses began recalling workers.
The U.S. unemployment rate fell unexpectedly in May to 13.3% — still on par with what the nation witnessed during the Great Depression — as states loosened their coronavirus lockdowns and businesses began recalling workers.
Georgia DOL makes online UI forms easier to understand
Unemployment claims continue for the second week to head down. That’s good news, but still many are having trouble filing out those unemployment claims.
Unemployment claims continue for the second week to head down. That’s good news, but still many are having trouble filing out those unemployment claims.
1.9 million seek jobless aid even as reopenings slow layoffs
Nearly 1.9 million people applied for U.S. unemployment benefits last week, evidence that many employers are still cutting jobs even as the gradual reopening of businesses has slowed the pace of layoffs.
Nearly 1.9 million people applied for U.S. unemployment benefits last week, evidence that many employers are still cutting jobs even as the gradual reopening of businesses has slowed the pace of layoffs.
Mall of America postpones reopening due to 'significant unrest in the community'
Mall of America, which is located just outside of Minneapolis, said Friday that it has postponed its planned reopening amid unrest following the death of George Floyd.
Mall of America, which is located just outside of Minneapolis, said Friday that it has postponed its planned reopening amid unrest following the death of George Floyd.
41 million have lost jobs since virus hit, but layoffs slow
About 41 million people have now applied for aid since the virus outbreak intensified in March, though not all of them are still unemployed.
About 41 million people have now applied for aid since the virus outbreak intensified in March, though not all of them are still unemployed.
DOL: Social media threads offer bad unemployment benefits advice
New unemployment figures are out. Georgia is at the highest unemployment rate on record, nearly 12 percent. It passed the previous record from the Great Recession which was 10.6 percent a decade ago.
New unemployment figures are out. Georgia is at the highest unemployment rate on record, nearly 12 percent. It passed the previous record from the Great Recession which was 10.6 percent a decade ago.
Nearly 39 million have sought US jobless aid since virus hit
Roughly 38.6 million people have now filed for jobless aid since the coronavirus forced millions of businesses to close their doors and shrink their workforces, the Labor Department said Thursday.
Roughly 38.6 million people have now filed for jobless aid since the coronavirus forced millions of businesses to close their doors and shrink their workforces, the Labor Department said Thursday.
JCPenney files for bankruptcy as coronavirus pushes retailer over edge
Retailer JCPenney filed for Chapter 11 bankruptcy protection after the coronavirus pandemic forced stores to shut, the company announced Friday evening, joining J. Crew and Neiman Marcus.
Retailer JCPenney filed for Chapter 11 bankruptcy protection after the coronavirus pandemic forced stores to shut, the company announced Friday evening, joining J. Crew and Neiman Marcus.
Auto workers' tenuous return a ray of hope in jobs crisis
About 133,000 U.S. workers — just over half of the industry’s workforce before the pandemic — are expected to pour back into auto plants that will open in the coming week, according to estimates by The Associated Press.
About 133,000 U.S. workers — just over half of the industry’s workforce before the pandemic — are expected to pour back into auto plants that will open in the coming week, according to estimates by The Associated Press.
US retail sales plunged 16% in April as virus froze economy
U.S. retail sales tumbled 16.4% from March to April as business shutdowns caused by the coronavirus kept shoppers away, threatened stores across the country and weighed down a sinking economy.
U.S. retail sales tumbled 16.4% from March to April as business shutdowns caused by the coronavirus kept shoppers away, threatened stores across the country and weighed down a sinking economy.
3 million more US layoffs intensify fears of lasting damage
Roughly 36 million people have now sought jobless aid in just the two months since the coronavirus first forced businesses to close down and shrink their workforces, the government said Thursday.
Roughly 36 million people have now sought jobless aid in just the two months since the coronavirus first forced businesses to close down and shrink their workforces, the government said Thursday.
New graduates scramble to find work amid COVID-19's job drought
LinkedIn analysis revealed the hiring rate plummeted more than 20 percent in April from an already depressed level in March.
LinkedIn analysis revealed the hiring rate plummeted more than 20 percent in April from an already depressed level in March.
Powell warns of a possible sustained recession from pandemic
Additional rescue aid from government spending or tax policies, though costly, would be “worth it if it helps avoid long-term economic damage and leaves us with a stronger recovery,” Federal Reserve Chair Jerome Powell said.
Additional rescue aid from government spending or tax policies, though costly, would be “worth it if it helps avoid long-term economic damage and leaves us with a stronger recovery,” Federal Reserve Chair Jerome Powell said.
If your unemployment debit card hasn't arrived report it lost
Your questions about unemployment benefits keep rolling in. It’s frustrating; we get it. FOX 5's Dana Fowle can’t answer everything, but she's trying to chip away at as many of these as she possibly can without being able to actually see your files.
Your questions about unemployment benefits keep rolling in. It’s frustrating; we get it. FOX 5's Dana Fowle can’t answer everything, but she's trying to chip away at as many of these as she possibly can without being able to actually see your files.
Restaurants start to feel the percentage cuts taken by third party delivery services
A post from a Chicago food truck owner has gone viral. It shows the breakdown of his cut from delivery service Grub Hub.
A post from a Chicago food truck owner has gone viral. It shows the breakdown of his cut from delivery service Grub Hub.
Many Georgia unemployment hiccups due to certification issues
It’s been weeks now that many of you have tried to file for unemployment. And we know it hasn’t been easy.
It’s been weeks now that many of you have tried to file for unemployment. And we know it hasn’t been easy.
Consumer debt surged to $14.3T before worst of coronavirus crisis, Fed says
Mortgage balances, the largest component of household debt in the U.S., jumped by $156 billion in the first quarter.
Mortgage balances, the largest component of household debt in the U.S., jumped by $156 billion in the first quarter.