More US jobs lost to coronavirus pandemic are disappearing permanently
Of the millions of workers furloughed between March and June, 22% have been permanently laid off, according to new payroll data.
Over 1M Americans won't receive Trump's $300 unemployment boost - here's why
About 6% of Americans collecting unemployment aid won't qualify to receive Trump's $300-a-week benefit. This is why.
Millions of jobs lost to coronavirus pandemic could take years to return
The IRS forecasts there will be about 229.3 million employee-classified jobs in the U.S. in 2021, a drop of roughly 38.9 million from pre-pandemic levels.
New York City is dead forever: Author
James Altucher on the economic ecosystem of New York City after coronavirus
Remote work is reshaping San Francisco, as tech workers flee and rents fall
Tech companies are giving their employees more freedom to work from anywhere.
Number of Americans filing for unemployment falls below 1M for first time since pandemic started
Economists surveyed by Refinitiv expected 1.12 million new claims.
Where are all of the jobs? These sectors hired the most workers in July
Leisure and hospitality accounted for the bulk of the hiring, adding 592,000 new positions.
Over 1.18M Americans filed for unemployment last week, lowest level since pandemic began
The weekly jobless figures from the Labor Department shed light on the job markets' slow recovery from the pandemic.
NBA pledges $300M toward economic development in Black communities
Dubbed the “NBA Foundation,” the initiative will support training and career opportunities high school and college-aged Black men and women.
Zuckerberg says Facebook work from home is indefinite, slams government's handling of coronavirus
Facebook CEO Mark Zuckerberg said Thursday that the company's work-from-home policy is indefinite.
Students opt for virtual career fairs, job recruitment, as colleges go remote
Handshake, the LinkedIn for college students, is offering a virtual platform that helps students find and land jobs as the workforce shifts to one that is primarily remote.
Unemployment claims rise for second straight week as coronavirus spike curbs recovery
The number of Americans applying for unemployment benefits remained historically high last week, the Labor Department said Wednesday.
Who is Amazon PR chief Jay Carney?
If Jay Carney, Amazon's head of public relations, seems like a familiar face to you, that shouldn't come as a surprise.
Chevron to improve diversity ratio amid company layoffs
Figures from the end of last year show that less than a quarter of Chevron’s U.S. executives and senior managers were female, and only 22% were from ethnic minorities.
US regulator gives banks more leeway to hire people with minor criminal records
The Federal Deposit Insurance Corporation’s new rule aims to reduce the hurdles for candidates with records of minor criminal offenses, typically those that carry a sentence of less than one year.
Coronavirus causing Americans to struggle with work-life balance
Roughly 33 percent of Americans revealed they are working longer hours than before, according to the data.
More than 1.4M Americans filed for unemployment benefits last week
It marks the 18th week in a row that initial claims came in above 1 million.
Nike cuts jobs, shakes up leadership in bid to boost digital sales
The company expects one-time termination costs related to the changes of $200 million to $250 million.
LinkedIn cuts 960 jobs as coronavirus pandemic puts the brakes on corporate hiring
Chief Executive Ryan Roslansky said the company would provide at least 10 weeks of severance pay as well as health insurance for a year for U.S. employees, and will hire for newly-created roles from laid-off staff.