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US has half a million fewer jobs than believed after big government revision

There were 501,000 fewer jobs created from April 2018 to March 2019. Jobs in retail, hospitality and professional services wer.....»»

Category: topSource: usatodayAug 21st, 2019

Economic Report: U.S. created 501,000 fewer jobs since 2018 than previously reported, new figures show

Turns out hiring wasn’t quite as strong in 2018 and early 2019 as the government initially reported — by about a half-million jobs. The U.S. economy had about 501,000 fewer jobs as of March 2019.....»»

Category: topSource: marketwatchAug 22nd, 2019

NewsWatch: U.S. created 500,000 fewer jobs since 2018 than previously reported, new figures show

Turns out hiring wasn’t quite as strong in 2018 and early 2019 as the government initially reported — by about a half-million jobs. The U.S. economy had about 501,000 fewer jobs as of March 2019.....»»

Category: topSource: marketwatchAug 21st, 2019

Economic Report: U.S. created 500,000 fewer jobs since 2018 than previously reported, new figures show

Turns out hiring wasn’t quite as strong in 2018 and early 2019 as the government initially reported — by about a half-million jobs. The U.S. economy had about 501,000 fewer jobs as of March 2019.....»»

Category: topSource: marketwatchAug 21st, 2019

Apple sells fewer than 500,000 smartphones in China in February amid coronavirus

Apple sold fewer than half a million smartphones in China in February, government data showed on Monday, as the coronavirus outbreak halved demand for all such devices......»»

Category: topSource: reutersMar 9th, 2020

Capitol Report: The U.S. created 514,000 fewer jobs in 2018-19 than originally reported — here’s what that means

The U.S. economy created about a half-million fewer jobs in 2019 and 2018 than it first appeared, but it doesn’t mean the labor market isn’t strong. It is......»»

Category: topSource: marketwatchFeb 7th, 2020

Moscow is annoyed that East European governments no longer turn a blind eye to assassinations by "Unit 29155"

The diplomatic expulsions mean fewer jobs can be taken by Russian intelligence officers working undercover. Russia's President Putin has made the government of Czechia unhappy. Reuters Russia is outraged at Czechia's expuls.....»»

Category: topSource: businessinsiderApr 28th, 2021

These 12 charts tell the story of jobs in America since the pandemic hit. There"s tragedy - and hope.

There were about 9.5 million fewer jobs last month than in February 2020, and the unemployment r.....»»

Category: smallbizSource: nytMar 11th, 2021

"We have a lot to do, and we need to get it done" — Allegheny Conference outlines progress and priorities at annual meeting

With 85,000 fewer jobs and unemployment at 6.1%, the 10-county Pittsburgh region remains in the grips of the pandemic, but still attracted some $500 million in investment last year......»»

Category: topSource: bizjournalsJan 28th, 2021

Trump will have the worst jobs record in modern U.S. history. It’s not just the pandemic.

The U.S. has three million fewer jobs than it did when Trump took office. Economists blame both the pandemic and the president's ineffective response to it......»»

Category: topSource: washpostJan 8th, 2021

Economic Report: Almost 37 million Americans have applied for jobless benefits, but it appears less than two-thirds are getting them

We still don’t know how many Americans are getting unemployment benefits after losing their jobs in the coronavirus crisis, but it’s probably fewer than two-thirds of the nearly 37 million who have applied......»»

Category: topSource: marketwatchMay 14th, 2020

Capitol Report: Treasury says Paycheck Protection Program loans below $2 million typically won’t face audits

Updated guidance from the U.S. government suggests that about half of the PPP loans given to public companies don’t need to be returned......»»

Category: topSource: marketwatchMay 13th, 2020

Explainer: Why 14.7% unemployment rate doesn"t capture the true state of the coronavirus economy

The U.S. economy shed 20.5 million jobs in April, and the unemployment rate rose to 14.7%, a government report Friday showed......»»

Category: topSource: reutersMay 8th, 2020

Treasury yields rise after record drop in April nonfarm payrolls

Treasury yields rose after the release of the official jobs report. The U.S. economy shed a record 20.5 million jobs in April, but fewer than.....»»

Category: topSource: marketwatchMay 8th, 2020

Explainer: Why Friday"s U.S. jobless figures won"t capture the true state of the coronavirus economy

The U.S. economy is expected to have shed 22 million jobs in April, tripling the nationwide unemployment rate to 16%, when new government data is published Friday morning......»»

Category: topSource: reutersMay 8th, 2020

US stocks trade mixed as economic-reopening hope offsets dismal jobs report

Getty Images / Xinhua News Agency US stocks traded mixed on Wednesday amid continued efforts by the US government to reopen the economy. Investors looked past a dismal report from ADP showing that US companies lost 20.2 million jobs in April. .....»»

Category: topSource: businessinsiderMay 6th, 2020

Coronavirus mortgage bailout program grows again as more homeowners delay payments

Applications to the government's mortgage bailout program have been swelling at a rate of about half a million a week......»»

Category: realestateSource: cnbcMay 1st, 2020

Economic Report: U.S. jobless claims climb 3.8 million in late April to push coronavirus total to 30 million

Some 3.8 million workers who just lost their jobs applied last week for unemployment benefits, bringing a record number of layoffs during the coronavirus crisis to about 30 million in a month and a half......»»

Category: topSource: marketwatchApr 30th, 2020

NewsWatch: U.S. jobless claims climb 3.8 million in late April to push coronavirus total to 30 million

Some 3.8 million workers who just lost their jobs applied last week for unemployment benefits, bringing a record number of layoffs during the coronavirus crisis to about 30 million in a month and a half......»»

Category: topSource: marketwatchApr 30th, 2020

Around half of all US workers can earn better pay collecting unemployment than getting regular salaries from their current jobs

Associated Press Around half of all US workers can earn more money collecting unemployment instead of their current jobs. The federal government ramped up unemployment benefits by $600 a week .....»»

Category: topSource: businessinsiderApr 28th, 2020

Hawaiian Airlines receives first installment of PSP money, to issue U.S. government warrants to buy stock

Hawaiian Airlines parent Hawaiian Holdings Inc. disclosed Tuesday that it received on April 22 the first installment of the Payroll Support Program under the CARES Act of $146 million. That is half of the expected total of $2.....»»

Category: topSource: marketwatchApr 28th, 2020