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  • This Essential Worker Is Busier Than Ever Without Leaving Her House

    This Essential Worker Is Busier Than Ever Without Leaving Her House

    As the coronavirus crisis stresses almost every facet of American life, we’re featuring the stories of people who are struggling to stay afloat, finding unexpected financial opportunities or simply changing the way they’re thinking about money, the economy and our country’s social safety net. To do that, we need your help — we want to […] More

  • Nearly 20 Percent Of The U.S. Labor Force Has Filed For Unemployment Since Mid-March

    Nearly 20 Percent Of The U.S. Labor Force Has Filed For Unemployment Since Mid-March

    Now in its seventh week, the U.S. unemployment crisis continues to deepen. According to Thursday’s data release from the Department of Labor, 3.8 million more Americans filed for unemployment insurance during the week ending April 25. Although that represents the fourth consecutive week of decline in seasonally adjusted initial claims, the number remains historic. (Remember, […] More

  • Have States With Lockdown Protests Been Hit Harder By Unemployment?

    Have States With Lockdown Protests Been Hit Harder By Unemployment?

    Thursday’s unemployment numbers — 4.4 million initial claims filed for the week ending April 18, according to the Department of Labor — followed the general trend we’ve seen the past few weeks. After spiking to 6.9 million for the week ending on March 28, the number of new seasonally adjusted claims has gone down each […] More

  • He Works In A Grocery Store, But He’s Still Losing Hours

    He Works In A Grocery Store, But He’s Still Losing Hours

    As the coronavirus crisis stresses almost every facet of American life, we’re featuring the stories of people who are struggling to stay afloat, finding unexpected financial opportunities or simply changing the way they’re thinking about money, the economy and our country’s social safety net. To do that, we need your help — we want to […] More

  • At Least 22 Million Americans Are Out Of A Job — And We Haven’t Hit Bottom

    At Least 22 Million Americans Are Out Of A Job — And We Haven’t Hit Bottom

    It says something about the astonishing recent run of job losses in the U.S. that Thursday’s number from the Department of Labor — 5.2 million seasonally adjusted initial unemployment claims filed from April 5 through 11 — counts as a two-week decrease. In the prior week, 6.6 million Americans had filed for unemployment insurance; the […] More

  • More Than 16 Million Americans Have Lost Their Jobs In The Past Three Weeks

    More Than 16 Million Americans Have Lost Their Jobs In The Past Three Weeks

    The coronavirus’s record-breaking run of bad economic news continues unabated. Thursday’s numbers from the Department of Labor reported that 6.6 million Americans filed initial claims for unemployment insurance, roughly the same as last week (which was revised to 6.9 million) and about double the previous week’s tally of 3.3 million. Add it up, and over […] More

  • Unemployment Filings Hit 6.6 Million, Doubling Last Week’s Record High

    Last week saw record-high unemployment numbers — an astronomical 3.3 million Americans filed initial claims between March 15 and March 21. But today’s data from the Department of Labor painted a much, much bleaker picture for the job market. During the week ending on March 28, 6.6 million more people filed for unemployment insurance, double […] More

  • Unemployment Is Spiking, But Some Companies Are Actually Hiring

    Unemployment Is Spiking, But Some Companies Are Actually Hiring

    Though initial data about the coronavirus’s effect on the United States job market is historically dire, not all sectors of the economy are hurting in equal measure. As a few of my colleagues wrote about last week, workers in the food and service industries (particularly in restaurants) are at a heightened economic risk during this […] More