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US election 2020: Economy, unemployment and the impact on polls
The US unemployment rate dropped to 7.9 per cent in early October. According to the country’s Labour Department, employers added just 661,000 jobs in September down from 1.5 million in August and 1.8 million in July.
Updated on Oct 19, 2020 09:29 PM IST
Hindustan Times, New Delhi | hindustantimes.com| Edited by Mallika Soni
US jobless claims fall below 1 million but remain high
For months, the unemployed had also been receiving the $600 a week in federal jobless aid on top of their state benefit. But the federal payment has expired, and negotiations in Congress to extend that benefit, likely at a lower level of payment, have collapsed in rancor.
Updated on Aug 13, 2020 07:48 PM IST
Washington | Associated Press | Posted by Kanishka Sarkar
1.4 million seek jobless aid as coronavirus keeps forcing layoffs
The continuing wave of job cuts is occurring against the backdrop of a spike in virus cases that has led many states to halt plans to reopen businesses and has caused millions of consumers to delay any return to traveling, shopping and other normal economic activity.
Published on Jul 30, 2020 06:40 PM IST
Washington | Associated Press| Posted by Susmita Pakrasi
US sees 1.54 million new jobless claims as coronavirus layoffs go on
Wall Street stocks plunged at the start of trading Thursday, reversing recent gains as traders became spooked by resurgent coronavirus cases in parts of the country and the new Labor Department data showing 1.54 million workers putting in new unemployment benefit claims last week.
Updated on Jun 11, 2020 09:31 PM IST
Washington | Agence France-Presse
2.4 million more Americans file for unemployment benefits
Donald Trump and his Republican allies have railed against China in effort to shift the blame the roiling epidemic in the United States and the severe toll it has taken on the economy.
Updated on May 21, 2020 09:28 PM IST
Hindustan Times, Washington | Yashwant Raj