About 9.3 million people are officially unemployed in the US as quitting jobs has become the hottest trend in the country. We examine why.
US President Joe Biden is signing two executive orders that will increase food aid, protect job seekers on unemployment and clear a path for federal workers and contractors to get a $15 hourly minimum wage.
Trump forgoes earlier demand of increasing stimulus cheques for struggling Americans to $2,000 from $600. The turnabout came after calls from all sides of the political spectrum for action to avert an economic and social disaster.
The high level of layoffs are occurring as a spike in Covid-19 cases has forced six states to reverse their move to reopen businesses.
In a nation in which a majority of workers lack a degree, college graduates are far more likely to be inoculated from the pain of unemployment.
Nearly all the job growth achieved during the 11-year recovery from the Great Recession has now been lost in one month.
The unemployment rate is forecast to reach 16 percent, the highest rate since the Great Depression, and economists estimate that 21 million jobs were lost last month.
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