Tag Archives: employment

Slate reports: On Tuesday, Joe Biden demanded the resignations of all 10 of Donald Trump’s appointees to the Federal Service Impasses Panel, a powerful labor relations board, in a major victory for federal unions. Eight members resigned, and two were fired after refusing to step down. Trump’s appointees—a group of partisan anti-labor activists—had hobbled federal unions for years, sabotaging their …

The Associated Press reports: The number of people seeking unemployment aid soared last week to 965,000, the most since late August and a sign that the resurgent virus has likely escalated layoffs. The latest figures for jobless claims, issued Thursday by the Labor Department, remain at levels never seen until the virus struck. Before the pandemic, weekly applications typically numbered …

NBC News reports: The economy shed 140,000 jobs in December, a clear indication that the pandemic’s chokehold on economic activity strengthened in the final weeks of last year. The unemployment rate held steady at 6.7 percent. In the final jobs report of 2020, Friday’s monthly employment snapshot from the Bureau of Labor Statistics shows a labor market teetering on the …

The Wall Street Journal reports: U.S. jobless claims fell to 803,000 last week, a retreat from a three-month high amid broader signs of a slowing economic recovery. The latest data came as states and local municipalities impose fresh restrictions on social and business activity to combat a surge in coronavirus cases. Other parts of the economy have shown signs of …

Bloomberg News reports: Applications for U.S. unemployment benefits unexpectedly jumped to the highest level in three months, suggesting the labor market’s recovery is faltering amid the surge in Covid-19 cases and widening business closures. Initial jobless claims in regular state programs rose by 23,000 to 885,000 in the week ended Dec. 12, Labor Department data showed Thursday. On an unadjusted …

Bloomberg News reports: Applications for U.S. unemployment benefits surged last week and exceeded most estimates, suggesting that widening business shutdowns to curb the pandemic are spurring fresh job losses. Initial jobless claims in regular state programs rose by 137,000 to 853,000 in the week ended Dec. 5, Labor Department data showed Thursday. On an unadjusted basis, the figure increased by …

Slate reports: On Monday, the Trump administration finalized a sweeping new regulation that allows federal contractors to discriminate against racial and religious minorities, women, and especially LGBTQ people in the name of protecting “religious liberty.” It effectively abolishes critical workplace protections for these contractors that have been in place for decades, reframing religious freedom as a near-limitless license to discriminate. …

MarketWatch reports: New applications for U.S. unemployment benefits fell in late November for the first time in three weeks, probably due in part to the Thanksgiving holiday. The number of people applying for benefits, however, is still quite high and the latest decline is unlikely to dispel fresh worries about rising layoffs and a slowdown in hiring after a record …

The Detroit News reports: A federal judge has signed off on a settlement between the estate of Aimee Stephens and the Metro Detroit funeral home that fired her in 2013 after she came out to her boss as transgender. U.S. District Judge Sean Cox on Monday approved the terms of the settlement between the estate of Stephens, who died in …

The Street reports: Walt Disney plans to lay off a total of 32,000 employees in the first half of 2021, a further reduction in its workforce as the Covid-19 pandemic and severe drop-off in visitors to its theme parks continues to slam its business. The layoffs, revealed in a Securities and Exchange Commission filing on Wednesday, are 4,000 more than …

Bloomberg News reports: Applications for U.S. state unemployment benefits unexpectedly jumped to the highest level in a month, underscoring a fragile labor market at risk of faltering as coronavirus cases soar. Initial jobless claims in regular state programs increased by 30,000 to 778,000 in the week ended Nov. 21, according to Labor Department data Wednesday. Without adjustments for seasonal fluctuations, …

The Wall Street Journal reports: The number of applications for unemployment benefits rose sharply last week, indicating continued challenges for the U.S. economic recovery as coronavirus infections increased around the country. Initial claims for jobless benefits, a proxy for layoffs, rose to a seasonally adjusted 742,000 last week, up from the 711,000 filed a week earlier, the Labor Department said …

CNBC reports: The number of first-time unemployment-benefits filers fell to the lowest level in the pandemic, declining for a second straight week, the Labor Department reported Thursday. Initial weekly U.S. jobless claims came in at 751,000 for the week ending Oct. 24, down 40,000 from the previous week. Economists polled by Dow Jones expected initial jobless claims to come in …

The New York Times reports: The government reported on Thursday that 757,000 workers filed new claims for state unemployment benefits last week, a drop of 73,000 from the previous week but still a stubbornly high rate as the incipient economic recovery struggles to maintain a foothold. Another 345,000 new claims were filed under a federal jobless program that provides benefits …

CNBC reports: American workers continued to hit the unemployment line in large numbers last week, with 898,000 new claims filed for jobless benefits. Economists surveyed by Dow Jones had been looking for 830,000. The total for the week ended Oct. 10 was the highest number since Aug. 22 and another sign that the labor market continues to struggle to get …

Detroit’s CBS News affiliate reports: A ballot drive has turned in more than 483,000 signatures for an initiative to prohibit discrimination against LGBTQ people in Michigan by amending the state’s civil rights law. If election officials determine roughly 340,000 are valid, the bill would be placed before the Republican-led Legislature, where similar legislation has long stalled. If lawmakers did not …

The New York Post reports: The US economy added 661,000 jobs in September as the American labor market’s rebound from the coronavirus pandemic hit yet another snag, new data show. Last month’s growth in non-farm payrolls helped push the unemployment rate down to 7.9 percent but marked a continued slowdown in hiring from August’s addition of about 1.5 million jobs, …

Yahoo Finance reports: Another 837,000 individuals filed new jobless claims last week, for a marginal step down from the upwardly revised 873,000 reported for the prior period. This marked the fifth straight week that new jobless claims come in below 1 million. On a seasonally unadjusted basis, claims also declined, falling by more than 40,000 to 786,942. But six months …

Yahoo Finance reports: Another 870,000 Americans filed for first-time unemployment benefits last week, unexpectedly rising slightly from the prior week to reaffirm a slowdown in the U.S. economic recovery. The U.S. Department of Labor released its weekly jobless claims report at 8:30 a.m. ET Thursday. At 870,000, Thursday’s figure represented the fourth consecutive week that new jobless claims came in …

ABC News reports: Some 860,000 Americans lost their jobs and filed for unemployment insurance last week, the Labor Department said Thursday. The latest tally shows that new jobless claims have dipped significantly since peaking at 6.9 million in the last week of March. Still, it shatters the pre-pandemic weekly record set in 1982 of 695,000. Meanwhile, more than 29.7 million …