New unemployment benefit claims hit 3.8 million in a week 

More than 30 million Americans have now lost their jobs in the six weeks since the coronavirus outbreak began as the US economy slides further into a crisis that is becoming the most devastating since the 1930s.  There were 3.8 million new claims for unemployment benefits filed last week, according to the latest Labor Department figures … Read more

UK unemployment increased to 1.36million before coronavirus struck

Unemployment increased by 22,000 leaving 1.36million Britons out of work in three months before coronavirus hit By Mark Duell for MailOnline Published: 07:16 BST, 21 April 2020 | Updated: 07:17 BST, 21 April 2020 Unemployment increased by 22,000 to 1.36 million in the three months to February, before the coronavirus pandemic gripped the UK, official … Read more

Sony scaling back PlayStation 5 launch shipments as coronavirus shutdowns drive unemployment

Sony considers scaling back PlayStation 5 launch and shipping up to two million fewer consoles as it fears demand will be lower amid coronavirus pandemic Sony is considering scaling back its plans for the PlayStation 5 launch The company is planning to ship between five million and 6.5 million consoles That would be one to … Read more

New unemployment claims reach 5.2 million in a week

The coronavirus outbreak has thrown at least 22 million Americans out of work in four weeks as tough measures to control the coronavirus outbreak decimates 13.5 percent of the US workforce and 10 years of job growth. There were 5.2 million new claims for unemployment benefits filed last week, according to the latest Labor Department figures released on Thursday. … Read more

New US unemployment claims reach record 6.6 million in a week

Coronavirus leaves at least 10% of the American workforce unemployed in three weeks: 6.6 million file new claims in a week bringing the total out of work to 16 million By Emily Crane For Dailymail.com Published: 13:40 BST, 9 April 2020 | Updated: 13:57 BST, 9 April 2020 At least 10 percent of American workers … Read more

US unemployment claims soar to 6.6million

Ten million Americans are now jobless amid coronavirus pandemic after record 6.6million new unemployment claims are filed in one week – after 3.3million last week The number of Americans filing claims for unemployment benefits last week have shot to 6.6 million  Initial claims for unemployment benefits rose to 6.65 million in the latest week, according … Read more

Bars, restaurants and stores are boarded up as three million prepare to file for unemployment

ALABAMA Gov. Kay Ivey issued statewide shutdowns of all beaches, child care facilities, dine-in restaurants and other services effective 5pm March 19.  All public schools are closed until April 6.  This extended previous rules closing day cares, senior centers and on-site restaurant dining across six counties and banning public gatherings of more than 25 people … Read more

Trump promises cash, saying ‘money is coming’ as unemployment is predicted to hit 20 per cent

Donald Trump promised Wednesday morning that ‘money will soon be coming’ to relieve those who are unable to work due to the coronavirus crisis. ‘For the people that are now out of work because of the important and necessary containment policies, for instance the shutting down of hotels, bars and restaurants, money will soon be … Read more