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Representational Image. (Photo: Pixabay0

Photos reveal, recognise black work camps during Depression

Photographs from designated black camps are far less common than from white camps.

8 April 2018 11:33 AM IST

Hundreds of Austalians queue up outside an Australian welfare centre in Meblourne. AFP Photo

Australians queue up for help as unemployment fears grow

Prime Minister Scott Morrison warned the coronavirus pandemic would cause an economic crisis akin to the Great...

23 March 2020 11:36 AM IST

Asian shares make cautious gains; oil, gold prices hit record levels as more countries reopen their economies. (AP Photo)

Asian shares make cautious gains; oil and gold jump

Oil prices reached their highest since March as demand picked up as countries around the world eased travel restrictions

18 May 2020 9:16 AM IST

Coronavirus deals U.S. job losses of 20.5 million. (AFP Photo)

US economy lost a staggering 20.5 million jobs, historic unemployment...

Though millions of Americans continue to file claims for unemployment benefits, April could mark the trough in job...

10 May 2020 9:02 AM IST

The U.S. unemployment rate hit 14.7% in April, the highest rate since the Great Depression, as 20.5 million jobs vanished in the worst monthly loss on record. The figures are stark evidence of the damage the coronavirus has done to a now-shattered economy. (AP)

US unemployment surges to a Depression-era level

US Labor Department says that 20.5 million jobs vanished in April in the worst monthly loss on record triggered by...

9 May 2020 11:08 AM IST