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19 May 2024
CHRISTOPHER S. RUGABER, AP Economics Writer
1.9M Seek Jobless Claims Even With Reopenings
by
CHRISTOPHER S. RUGABER, AP Economics Writer
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Jun 4, 2020
WASHINGTON (AP) — 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. The...
U.S. Job Losses in May Could Raise Total to 30M
by
CHRISTOPHER S. RUGABER, AP Economics Writer
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Jun 3, 2020
WASHINGTON (AP) — The epic damage to America’s job market from the viral outbreak will come into sharper focus Friday when the government releases the May employment report: Eight million more jobs are estimated to have...
Nearly 39M Have Now Filed For Jobless Aid
by
CHRISTOPHER S. RUGABER, AP Economics Writer
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May 21, 2020
WASHINGTON (AP) — More than 2.4 million people applied for U.S. unemployment benefits last week in the latest wave of layoffs from the viral outbreak that triggered widespread business shutdowns two months ago and sent the...
Nearly 3 Million Laid Off in Past Week
by
CHRISTOPHER S. RUGABER, AP Economics Writer
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May 14, 2020
WASHINGTON (AP) — Nearly 3 million laid-off workers applied for U.S. unemployment benefits last week as the viral outbreak forced more companies to slash jobs even though most states have begun to let some businesses reopen....
Fed Likely to Hold Rates Near Zero For While
by
CHRISTOPHER S. RUGABER, AP Economics Writer
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Apr 29, 2020
WASHINGTON (AP) — The Federal Reserve signaled Wednesday that it will keep its key short-term interest rate near zero for the foreseeable future as part of its extraordinary efforts to bolster an economy that is sinking...
Record 22M Have Sought U.S. Jobless Aid
by
CHRISTOPHER S. RUGABER, AP Economics Writer
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Apr 16, 2020
WASHINGTON (AP) — The wave of layoffs that has engulfed the U.S. economy since the coronavirus struck forced 5.2 million more people to seek unemployment benefits last week, the government reported Thursday. Roughly 22 million have...
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