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After a horrific month in which nearly 21 million Americans lost their jobs, why is the stock market still going up?

Lucas Jackson/Reuters Friday's jobs report showed that more than 20 million Americans lost their j.....»»

Category: topSource: businessinsiderMay 11th, 2020

Here Is The Real April Jobs Report: 42 Million Unemployed, 25.5% Unemployment Rate

Here Is The Real April Jobs Report: 42 Million Unemployed, 25.5% Unemployment Rate Friday's job report - .....»»

Category: blogSource: zerohedgeMay 10th, 2020

‘The floor was taken out from under them’: April’s massive job losses are hitting these Americans more than others

The economy lost 20.5 million jobs last month, according to the jobs report......»»

Category: topSource: marketwatchMay 9th, 2020

"Like nothing that has ever been seen before": Here"s what 4 economists said about Friday"s April jobs report

Reuters Friday's April nonfarm payroll report from the Labor Department was dismal — the US economy lost a record 20.5 million jobs, and the unemployment rate surged to 14.7%. "The size of the devast.....»»

Category: topSource: businessinsiderMay 9th, 2020

San Diego Unemployment Rate Nearly 27%, Breaking County Record Set During Great Depression

San Diego Unemployment Rate Nearly 27%, Breaking County Record Set During Great Depression With the worst jobs report in history under our belt, which saw a record 20.5 million jobs lost in April, an.....»»

Category: blogSource: zerohedgeMay 8th, 2020

‘The floor was taken out from under them.’ April’s massive job losses are hitting these Americans more than others

The economy lost 20.5 million jobs last month, according to the jobs report......»»

Category: topSource: marketwatchMay 8th, 2020

Silver lining in jobs report: 78% say layoff is temporary

The economy lost a record 20.6 million jobs in April, but 78.3% of those worker see their layoffs as temporary......»»

Category: topSource: moneycentralMay 8th, 2020

Gold futures fall for the session, edge higher for the week

Gold futures settled with a loss on Friday, pressured as U.S. benchmark stock indexes climbed despite data showing a loss of more than 20 million U.S. jobs in April. June gold fell $11.90, or 0.7%, to settle at $1,713.90 .....»»

Category: topSource: marketwatchMay 8th, 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

Bond Report: Treasury yields rise as job losses surge to record 20.5 million in April

U.S. Treasury yields rise Friday after the jobs report shows record job losses as companies lay off employees and cut costs in efforts to see through the current economic downturn......»»

Category: topSource: marketwatchMay 8th, 2020

Economic Report: Great Depression 2020? The unofficial U.S. jobless rate is at least 20%—or worse

The U.S. unemployment rate exploded to 14.7% in April after more than 20 million jobs were lost to the coronavirus, but that is just the official number. The real jobless rate was at least 20%......»»

Category: topSource: marketwatchMay 8th, 2020

A record 88,300 truck drivers lost their jobs in April

The April jobs report revealed that the US lost a record 20.5 million jobs. Truck drivers saw record losses, too......»»

Category: topSource: moneycentralMay 8th, 2020

Wall Street rises on better-than-feared jobs report, easing Sino-U.S. tension

U.S. stock markets gained on Friday after data showed the economy lost fewer jobs in April than feared due to the coronavirus crisis, adding to optimism from an easing in friction between Washington and Beijing......»»

Category: topSource: reutersMay 8th, 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

Dow rises 300 points as economic-reopening hope offsets historic job losses

Lucas Jackson/Reuters US stocks rose Friday as positive signs that the economy will reopen soon offset a dismal April jobs report.  The report showed that the US economy lost a record 20.5 million job.....»»

Category: topSource: businessinsiderMay 8th, 2020

The 20.5 Million April Jobs Lost May Still Be Worse in the Jobs Market Carnage

Everyone knew it was going to be a ghastly jobs number, but there may be some decent news in the report......»»

Category: blogSource: 247wallstMay 8th, 2020

Worst Jobs Report In History: 20.5 Million Jobs Lost As Unemployment Rate Hits Record 14.7%

Worst Jobs Report In History: 20.5 Million Jobs Lost As Unemployment Rate Hits Record 14.7% .....»»

Category: blogSource: zerohedgeMay 8th, 2020

Economic Report: Coronavirus costs the U.S. 20.5 million jobs in April as unemployment soars to 14.7%

The coronavirus pandemic destroyed 20.5 million jobs in April, driving the unemployment rate to a post Word War Two high of 14.7% as the United States faced its biggest economic crisis in almost a century......»»

Category: topSource: marketwatchMay 8th, 2020

U.S. unemployment rate skyrockets to 15%

The national unemployment rate skyrocketed to 14.7 percent last month, the result of the loss of 20.5 million jobs because of the Covid-19 pandemic. This morning’s report from the U.S. Bureau of Labor Statistics is the first detailed accounting o.....»»

Category: topSource: bizjournalsMay 8th, 2020

Horrific jobless numbers as nation"s unemployment soars

More than 20 million jobs were lost in April as the coronavirus pandemic has wreaked havoc on the nation’s economy. The national unemployment rate skyrocketed to 14.7 percent, according to federal data released Friday. In all, 20.5 million nonf.....»»

Category: topSource: bizjournalsMay 8th, 2020