Thursday’s Labor Department report marked the 10th straight week of declining claims.
Author archives: Carmen Reinicke
U.S. Weekly Jobless Claims Hit 2.4 Million, Bringing 9-week Total to Nearly 39 Million
It was the seventh week in a row that claims declined but remained historically elevated.
Unemployment Surged to 14.7 Percent in April
The U.S. lost a record 20.5 million jobs over the past month.
U.S. Weekly Jobless Claims Hit 6.6 Million
Record streak extends as coronavirus layoffs continue.
Tesla Slides After Walmart Sues the Company, Claiming Its Solar Panels Caught Fire
On Tuesday, Walmart sued Tesla’s solar-energy unit alleging that gross negligence by employees in installing solar panels lead to fires in seven stores.