Global unemployment rate peaks in 90 years due to pandemic

Last year, the pandemic dealt an “unprecedented” blow to the global economy, destroying the equivalent of 225 million full-time jobs, the UN said. The BBC writes about it. The crisis caused an 8,8% reduction in working hours. This is four times more than ...

'Terrible despair': due to the pandemic, US residents are starving en masse and stealing food in stores

Retailers and US police departments report an increase in theft of essential items such as food and hygiene products, writes The Washington Post. At the start of the pandemic, Joo Park noticed disturbing changes in the market he operates near downtown Washington: ...

Millions of Americans will soon lose unemployment benefits: what's next

According to a new analysis, about 12 million unemployed people in the United States will lose their unemployment benefits the day after Christmas. According to experts, the reduction of benefits can lead many families to poverty, creating obstacles to economic recovery, writes CBS News. Two key government ...

10 US regions with the highest unemployment rate

The number of jobs lost due to the coronavirus continues to rise. And the last weekly total number of Americans who applied for unemployment benefits again surpassed 880. According to the latest figures, the total number of jobless claims is almost 60 million. About it…

Additional $ 600 Unemployment Loss Canceled: Many Cannot Live On Remaining Benefits

Unemployment checks have dropped significantly for millions of Americans after the expiration of the $ 600-a-week federal aid policy, CNBC writes. Some US residents are left with benefits of only $ 5 a week. Part-time workers, workers with ...

Half of jobs lost during a pandemic may not recover

Nearly half of all jobs lost during the coronavirus pandemic may not recover after incidence rates decline, Fool.com writes. The COVID-19 outbreak has clearly hit the US economy, plunging it into a deep recession and causing a skyrocket ...

4,8 million new jobs: June US unemployment decline surpasses all expectations

The US unemployment rate fell to 11,1% in June as businesses shut down by the pandemic earlier this year recruited millions of workers. Writes about this Fox Business. In a report released Thursday, July 2, the Department of Labor said that ...

What are the options for health insurance for those who have lost their jobs

Tens of millions of Americans have added to unemployment lists in recent months as the COVID-19 pandemic has caused an unprecedented contraction in the nation's economy - meaning many workers are likely to have lost their health insurance as well. About this and not only Fox Business. More than 50% of Americans receive ...

Coronavirus unemployment benefits will no longer be paid: what's next

Supplementary unemployment benefits in the amount of $ 600 per week will stop being paid at the end of July. Democrats want to extend payments next year, but Republicans appear to be strongly blocking such an extension. But legislators on both sides of the political spectrum have different ideas, such ...

The total number of unemployed in the United States set a historical record

During the last reporting period, the number of new applications for unemployment benefits amounted to 3 million. Thus, the total number of people who lost their jobs due to the pandemic reached 36,5 million, writes CNBC. 2,981 million new applications for unemployment benefits filed ...

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