Hong Kong economy shrinks record 8.9% in first quarter
U.S. stocks finished lower on Thursday as 3,84 million Americans filed initial jobless claims
Record number of US workers receiving jobless benefits
The unemployment figures are higher than anything seen since the Great Depression when 25% of the populace was unemployed, about 15 million people.
U.S. stocks opened lower on Thursday as 3.84 million Americans filed initial jobless claims
Help wanted: Jobless China workers await relief
The U.S. economy suffered its sharpest contraction in the first quarter since 2008, a 4.8% drop in the gross domestic product -- and that only accounts for the first two weeks of lockdowns.
Germany faces 'worst recession' in post-war history
A new survey appears to have found that millions of Americans left unemployed by coronavirus may be unable to receive benefits.
While many have used this revelation to attack the supposed generosity of unemployment benefits, in reality it exposes how 50 years of stagnant wages have created a perverse incentive system.
South Korea’s economy contracted by 1.3% in the first quarter as the pandemic hurt imports, jobs.
Bank of England warns of worst recession in centuries
Last week's filings pushed the five-week total to 26 million with little hope life will return to normal soon.
U.S. stocks rose on Thursday although millions of Americans filed for unemployment.
Central Banks in the Group of Seven nations are vastly expanding their balance sheets to ease the impact of the coronavirus pandemic.
A Harvard study indicates we need to be doing 5 million coronavirus tests a day by June to reopen the economy fully.
Protecting employee rights may become more important once the coronavirus crisis passes, revitalizing unionization pushes.
Sources within the WWE offices said there's a sense of "survivor's guilt" among remaining employees and anyone could be next.
The Chinese economy's first-ever contraction in history belies hopes of a rapid return to the growth path for the global economy.
U.S. stocks closed higher on Thursday although more than 5.2 million Americans filed for unemployment last week
The jobless rate in Australia is expected to more than double by mid-year
Some 5.245 million Americans filed unemployment claims last week, bringing the four week total to more than 22 million and wiping out all job gains since the Great Recession.