Thursday's report from the Labor Department showed that jobless claims rose by 9,000 from the previous week. Though the pace of layoffs has eased since the year began, they remain high by historical standards.
With the floodgates set to open on another round of unemployment aid, states are being hammered with a new wave of fraud as they scramble to update security systems and block scammers who already have siphoned billions of dollars from pandemic-related jobless programs.
How Chicago’s day laborers, many of whom are undocumented, are finding — and not finding — work during the coronavirus pandemic.
Applications for benefits declined 111,000 from the previous week to a seasonally adjusted 730,000, the Labor Department said Thursday. It is the lowest figure since late November.
Federal Reserve Chair Jerome Powell underscored the U.S. economy’s ongoing weakness Tuesday in remarks that suggested that the Fed sees no need to alter its ultra-low interest rate policies anytime soon.
The latest COVID-19 relief bill could come up for a vote in Congress as early as next week, but a key Democratic priority might be on the chopping block. We explore the potential impact of raising the minimum wage.
The industrial community once marked by steel mills is now lined with other plants, and the proposed opening of a metal scrapping company has become a point of controversy on the Southeast Side and across the city.
Before the virus erupted in the United States last March, weekly applications for unemployment benefits had never topped 700,000, even during the Great Recession of 2008-2009.
The lack of affordable and nutritious food in North Chicago has made the city a food desert, but soon it'll get its first full-service grocery store in 20 years.
The turnaround in total wages underscores how disproportionately America's job losses have afflicted workers in lower-income occupations rather than in higher-paying industries, where employees have actually gained jobs as well as income since early last year.
Chinatown celebrations for the Lunar New Year look different amid the COVID-19 pandemic. In a normal year, festivities include a parade, banquets and family meals spanning from the eve of the Chinese New Year until 15 days after. This year, nearly all celebrations will be virtual.
The airline said it will help electric-aircraft startup Archer develop an aircraft capable of helicopter-style, vertical takeoffs and landings. Archer hopes to deliver its first aircraft in 2024, if it wins certification from the Federal Aviation Administration.
The numbers point to a still-elevated number of layoffs. Before the virus erupted in the United States in March, weekly applications for jobless aid had never topped 700,000, even during the Great Recession.
House Democrats muscled past Republicans on portions of President Joe Biden’s pandemic plan, including a proposed $130 billion in additional relief to help the nation’s schools reopen and a gradual increase of the federal minimum wage to $15 an hour.
Latino communities have been at a heightened risk of infection and death throughout the COVID-19 pandemic. But the coronavirus has not only endangered their health, it’s also harming their finances and making them more likely to lose their homes.