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View all search resultsCOVID-19-joblessness
Business 5 years ago
US economy faces historic shock, with 16% joblessness possible, Trump adviser says
"This is the biggest negative shock that our economy, I think, has ever seen. We're going to be looking at an unemployment rate that approaches rates that we saw during the Great Depression" of the 1930s."
World 5 years ago
Record US jobless claims wipe out post-Great Recession employment gains
A record 26 million Americans likely sought unemployment benefits over the last five weeks, confirming that all the jobs created during the longest employment boom in US history were wiped out in about a month as the novel coronavirus savages the economy.
World 5 years ago
Half of French private-sector workers now unemployed: minister
More than 10 million employees in France -- one out of every two in the private sector -- have been laid off during the coronavirus lockdown and are now benefiting from an extended indemnity program to weather the crisis, the government said Wednesday.
