Labor economy

A pedestrian walks by The Family Barbershop, closed due to a Gov. Gretchen Whitmer executive order, in Grosse Pointe Woods, Mich., Thursday, April 2, 2020. The coronavirus COVID-19 outbreak has triggered a stunning collapse in the U.S. workforce with millions of people losing their jobs in the past two weeks and economists warn unemployment could reach levels not seen since the Depression, as the economic damage from the crisis piles up around the world. (AP Photo/Paul Sancya)
April 03, 2020 - 1:17 pm
WASHINGTON (AP) — A record-long streak of U.S. job growth ended suddenly in March after nearly a decade, as employers slashed hundreds of thousands of jobs because of the viral outbreak that has all but shut down the U.S. economy. The unemployment rate jumped to 4.4% from a 50-year low of 3.5%. The...
Read More
FILE - In this Jan. 3, 2020 file photo, the Wall St. street sign is framed by U.S. flags flying outside the New York Stock Exchange in New York. Global stocks are down, Friday, April 3, after the U.S. government said employers cut 701,000 jobs in March as they shut down or sharply curtailed business due to the coronavirus outbreak. (AP Photo/Mary Altaffer, File)
April 03, 2020 - 11:55 am
NEW YORK (AP) — Stocks are falling in early afternoon trading Friday, putting Wall Street on track for its third losing week in the last four. The losses came after the government reported that U.S. employers cut 701,000 jobs last month, the first drop in nearly a decade and the latest of what is...
Read More
A carpenter, who declined to be identified, cuts plywood to cover a closed store where artwork in support of people affected by the coronavirus already covers an adjacent panel in downtown Seattle, Thursday, April 2, 2020. The number of people seeking unemployment benefits in Washington set a new record last week, with tens of thousands more people in the state filing new claims as non-essential businesses remain closed due to the ongoing coronavirus pandemic. (AP Photo/Elaine Thompson)
April 03, 2020 - 6:09 am
WASHINGTON (AP) — After a record 113 straight months of hiring, the government's monthly jobs report Friday is expected to show that the American jobs machine came to a sudden halt in March as a result of the coronavirus. Economists have forecast that the government will say employers shed about...
Read More
In this Thursday, April 2, 2020, photo, a woman holding a child walks away from the expressway gate at the border of Wuhan city in central China's Hubei province. Millions of Chinese workers are streaming back to factories, shops and offices but many still face anti-coronavirus controls that add to their financial losses and aggravation. In Wuhan police require a health check and documents from employers for returning workers. (AP Photo/Ng Han Guan)
April 03, 2020 - 12:56 am
WUHAN, China (AP) — After two months in locked-down Wuhan, Wei Lei was eager to get back to work on a railway construction site. Instead, the 22-year-old found himself stranded at an expressway toll plaza where police decided who was allowed in and out of the city where the coronavirus pandemic...
Read More
A man wearing a face mask to help protect against the spread of the new coronavirus walks on the underpass in Seoul, South Korea, Thursday, April 2, 2020. For most people, the new coronavirus causes only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia. (AP Photo/Ahn Young-joon)
April 02, 2020 - 11:03 pm
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — South Korea says more than 27,000 people are under...
Read More
Pat Marmo, owner of Daniel J. Schaefer Funeral Home, walks through a viewing room set up to respect social distancing, Thursday, April 2, 2020, in the Brooklyn borough of New York. He and other funeral directors are seeing a surge of clients because of the coronavirus pandemic. (AP Photo/John Minchillo)
April 02, 2020 - 10:04 pm
NEW YORK (AP) — The coronavirus outbreak has thrown 10 million Americans out of work in just two weeks in the swiftest, most stunning collapse the U.S. job market has ever witnessed, and the public health crisis deepened in New York City, where a funeral home in a hard-hit neighborhood had 185...
Read More
An Indian policeman wearing a virus themed helmet rides on a horse during an awareness rally aimed at preventing the spread of new coronavirus in Hyderabad, India, Thursday, April 2, 2020. The new coronavirus causes mild or moderate symptoms for most people, but for some, especially older adults and people with existing health problems, it can cause more severe illness or death. (AP Photo/Mahesh Kumar A.)
April 02, 2020 - 5:59 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Thursday related to the global economy, the work place and the spread of the virus. ____________ ZOOM: At the end of last year, the video-conferencing company Zoom had...
Read More
In this March 27, 2020, photo, House Speaker Nancy Pelosi of Calif., walks to her office after signing the Coronavirus Aid, Relief, and Economic Security (CARES) Act on Capitol Hill in Washington. President Donald Trump wants to spend $2 trillion on infrastructure projects to create jobs and help the collapsing economy rebuild from the coronavirus' stunning blows. Pelosi says that seems about right. Sounds like the prelude to a bipartisan deal. Except that when it comes to trying to upgrade the country's road, rail, water and broadband systems, Washington frequently veers off the tracks — usually over the bill's contents and how to pay for it. (AP Photo/Andrew Harnik)
April 02, 2020 - 12:38 pm
WASHINGTON (AP) — The new report that a knee-buckling 6.6 million more Americans filed for unemployment insurance makes it more urgent for Congress to approve a fresh jobs package, House Speaker Nancy Pelosi said Thursday. Pelosi, D-Calif., also told reporters that she will establish a special...
Read More
WWL AP Feed General
April 02, 2020 - 8:12 am
WASHINGTON (AP) — More than 6.6 million Americans applied for unemployment benefits last week — doubling a record high set just one week earlier — a sign that layoffs are accelerating in the midst of the coronavirus. The stunning report Thursday from the Labor Department showed that job cuts are...
Read More
Allison Wells, Butcher and General Manager at Neon Pig, weighs a block of meat in the meat market of Neon Pig on Friday. (Adam Robison/The Northeast Mississippi Daily Journal via AP)
April 02, 2020 - 7:35 am
NEW YORK (AP) — Millions of small business owners will be turning to the government, seeking help for an individual and nationwide cataclysm, the economic devastation caused by the coronavirus outbreak. The government says it will begin disbursing loan money to company owners and freelancers Friday...
Read More

Pages