2020 Ends With Around 20 Million Americans Still On Jobless Benefits
By Tyler Durden The total number of Americans on government unemployment benefits ended 2020 just below 20 million. 2019 ended with just 2 million on…
Unemployment
Coke Firing 12% Of US Workers Due To Covid
By Tyler Durden The K-shaped recovery took another big step forward today when – with stocks at all-time highs and bitcoin exchange Coinbase announcing it…
As Gov’t Shuts Down Restaurants, Guy Fieri Raises $21.5 Million for Workers “Doing More than Congress”
By Matt Agorist Thanks to hypocritical governor Gavin Newsom’s tyrannical lockdown in the state of California, 1 in every 3 California restaurants will be permanently…
Weekly Initial Claims for Unemployment Benefits Jump to an Eleven-Week High
By Robert Hughes Initial claims for regular state unemployment insurance totaled 853,000 for the week ending December 5, up 137,000 from the previous week’s revised…
Thousands of Inmates Scammed Unemployment Fund For Millions
By Mark Horowitz Tens of thousands of inmates in the state of California, even serial killers, and high-profile murderers like Scott Peterson, were able to…
Initial Jobless Claims Rise For 2nd Week In A Row, Pandemic Claims Soar
By Tyler Durden For the second week in a row, the number of Americans filing for first time unemployment claims has risen (printing at 778k…
14 Million People Will Lose Their Unemployment Benefits, 30 Million At Risk Of Eviction On January 1
By Tyler Durden While markets remain on edge over the sudden tension between the Treasury and the Fed, following Mnuchin’s surprise notice to Powell that…
Initial Jobless Claims Re-Accelerated Last Week, Pandemic Claims Continue To Soar
By Tyler Durden ‘Only’ 742,000 Americans filed for first time unemployment claims last week – breaking a 4-week streak of drops as perhaps the second-wave…
Over 20 Million Americans Remain On Jobless Benefits
By Tyler Durden 709,000 Americans filed for first-time unemployment benefits last week, better than the expected 731k and and a big drop from the prior…
Pandemic Emergency Jobless Claims Soar To New Record High
By Tyler Durden Initial Jobless Claims rose by 751k last week, very slightly lower than last week’s upwardly revised 758k rise, but still around four…
Pandemic Emergency Jobless Claims Soar To Record High
By Tyler Durden With California’s fraudulent data issues ‘fixed’, initial jobless claims data is at least a little cleaner and printed a better than expected…
Which Jobs Have Been Hardest Hit By The Pandemic?
By Tyler Durden Heading into Friday’s payrolls report, the labor market has been enjoying a strong tailing, with the unemployment rate falling to a lower-than-expected…
United Airlines To Slash 16,370 Jobs As Air Travel Sinks
By Tyler Durden United Airlines joined American Airlines in the latest round of massive job cuts as the virus pandemic continues to batter the travel and…
Airline Pilots Learn To Fly Drones Amid Mass Carrier Layoffs
By Tyler Durden Delta Air Lines is expected to furlough almost 1,950 pilots in October as the industry struggles to recover from the virus-induced downturn. Some pilots, not…