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Former Labor Secretary Robert Reich expects unemployment to surpass levels during the Great Depression

  Former Labor Secretary Robert Reich says the best thing in the $2.2 trillion stimulus bill is the .....»»

Category: topSource: businessinsiderMar 31st, 2020

SURVIVING LAYOFFS: What you need to know before, during, and after cutbacks at your company to find a new job quickly

REUTERS/Susana Vera The US is seeing record levels of job loss. In April alone, Americans lost 20.5 million jobs, pushing the unemployment rate to 14.7%, the highest since the Great Depression, according to Labor Department data. If you've been lai.....»»

Category: topSource: businessinsiderMay 8th, 2020

The April 2020 jobs report was probably the worst on record

The April 2020 jobs report, which will be released by the Bureau of Labor Statistics this Friday, is expected to give a chilling account of the labor market, showing layoffs surged and unemployment rose to Great Depression levels last month......»»

Category: topSource: moneycentralMay 7th, 2020

This Is The Best American City To Find A Job

The COVID-19 pandemic caused unemployment levels not seen since the Great Depression, starting in April last year. By last month, the jobless figure had rebounded to 6.0%, still well above the 3.5%........»»

Category: blogSource: 247wallstApr 10th, 2021

Market Snapshot: Why the stock market keeps rallying as unemployment soars to Great Depression-era levels

Main Street thinks Wall Street is crazy. Wall Street thinks Main Street is going to be relatively OK......»»

Category: topSource: marketwatchMay 9th, 2020

Dow books 450 point gain as investors look past worst U.S. unemployment rate since the Great Depression

U.S. stocks ended sharply higher on Friday, contributing to substantial weekly gains, as investors shrugged off another round of dismal labor-market data and concentrated on the easing of lockdowns across the country. The S&P 500.....»»

Category: topSource: marketwatchMay 8th, 2020

Unemployment hits highest level since the Great Depression

The labor market has entered its darkest period since the Great Depression and many analysts believe it could take years to recover......»»

Category: topSource: moneycentralMay 8th, 2020

Unemployment hits highest level since the Great Depression

The labor market has entered its darkest period since the Great Depression and many analysts believe it could take years to recover......»»

Category: topSource: moneycentralMay 8th, 2020

U.S. unemployment rate soars to 14.7 percent, the worst since the Depression era

The labor market has entered its darkest period since the Great Depression and many analysts believe it could take years to recover......»»

Category: topSource: washpostMay 8th, 2020

Unemployment hits 14.7%, highest since Great Depression, as U.S. sheds 20.5 million jobs

The labor market has entered its darkest period since the Great Depression and many analysts believe it could take years to recover......»»

Category: topSource: moneycentralMay 8th, 2020

Dow falls 340 points as total jobless claims hit 30 million, likely bringing unemployment to Great Depression levels

U.S. stock-index benchmarks on Thursday fell at the open after a report on those seeking unempl.....»»

Category: topSource: marketwatchApr 30th, 2020

Trump economic adviser warns US GDP could plummet 30% this quarter as unemployment spikes to Great Depression levels

David McNew/Getty Images Trump's economic adviser Kevin Hassett told CNBC's "Squawk Box" on Monday: "You're looking at something like minus 20% to minu.....»»

Category: topSource: businessinsiderApr 27th, 2020

Economists think coronavirus could push unemployment above Great Depression levels. Here"s why the pain won"t be as prolonged this time.

Spencer Platt/Getty Images Bleak unemployment data and forwar.....»»

Category: topSource: businessinsiderApr 5th, 2020

Column: Could unemployment reach Great Depression levels? Yes, but ...

Without minimizing the scale of the economic plunge, it's proper to place comparisons between today's figures and economic situation and those of the Depression in perspective. In short: The differences are greater than the sim.....»»

Category: topSource: latimesApr 3rd, 2020

Economic Report: The soaring U.S. unemployment rate could approach Great Depression-era levels

The soaring U.S. unemployment rate might not match a Great Depression peak of 25%, but it could come uncomfortably close in the next few months......»»

Category: topSource: marketwatchApr 3rd, 2020

Second Great Depression Begins? Goldman Now Expects A Record 24% Crash In Q2 GDP; Sees 9% Unemployment

Second Great Depression Begins? Goldman Now Expects A Record 24% Crash In Q2 GDP; Sees 9% Unemployment On Wednesday we mused that a race had emerged between Goldman and JPMorgan over who can downgrade the US GDP growth rate the most. .....»»

Category: blogSource: zerohedgeMar 20th, 2020

Robert Reich rips Bezos over mansion with 25 bathrooms

Robert Reich served as labor secretary in the Clinton administration, where he was named by Time Magazine as one of.....»»

Category: topSource: moneycentralNov 6th, 2019

Robert Reich rips Bezos over mansion with 25 bathrooms

Robert Reich served as labor secretary in the Clinton administration, where he was named by Time Magazine as one of.....»»

Category: topSource: moneycentralNov 6th, 2019

The Margin: 25 bathrooms? Former Clinton labor secretary says Bezos’s mansion helps make case for soaking the rich

Robert Reich served as labor secretary in the Clinton administration, where he was named by Time Magazine as one of.....»»

Category: topSource: marketwatchNov 6th, 2019

Trump"s debt sales top crisis-era levels even as economy revs up

President Donald Trump’s debt sales will surpass levels last seen when the U.S. was digging out of its worst economic crisis since the Great Depression. The difference is, this time the economy is booming......»»

Category: topSource: moneycentralOct 31st, 2018

Trump"s debt sales top crisis-era levels even as economy revs up

President Donald Trump’s debt sales will surpass levels last seen when the U.S. was digging out of its worst economic crisis since the Great Depression. The difference is, this time the economy is booming......»»

Category: topSource: moneycentralOct 31st, 2018