Truthout
Unemployment
COVID Aid Has Been Too Small to Pull Millions of Families Out of Severe Hardship
There is an undeniable need for further government aid just to ensure that tens of millions of families can get by.
Trump Is the First President to Leave Office With a Loss of Jobs Since Hoover
The unemployment rate fell to 6.3 percent, but job growth is still weak.
Plunge in Restaurant Jobs Due to COVID Leads to First Job Loss Since April
The pain from the recession is heavily concentrated among the long-term unemployed.
Companies Took $1.8 Billion to Save Jobs and Laid Off 90,000 Workers Anyway
Businesses that don’t rehire all their workers may have to pay back the loans plus 1 percent interest.
Ever-Growing Millions of Americans Face Eviction and Hunger. Will Congress Act?
Absent quick congressional action amid a worsening pandemic, millions of Americans are staring into an economic abyss.
Unemployment Falls to 6.9 Percent — But Don’t Expect Improvements to Last
With COVID-19 numbers hitting new records almost daily, the future is anything but certain when it comes to employment.
Capitalism Made Women of Color More Vulnerable to the COVID Recession
One in nine Black and Latina women age 20 and over became unemployed last month.
Economy Adds an Abysmal 661,000 Jobs as Further Layoffs Loom
The large jump in long-term unemployment and people leaving the labor force are ominous signs for the future.
Official Statistics Show Wage Growth, But That’s Due to Low-Wage Job Losses
A study by the Federal Reserve Bank of San Francisco says the recent spike in wage growth is an “illusion.”
Less Than Half of Jobs Lost at Start of Pandemic Have Been Recovered
The economic downturn continues to hit the most disadvantaged groups hardest.