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Coronavirus crisis continues to batter the U.S. labor market, with millions more Americans expected to have filed for unemployment benefits. (AP Photo)

US weekly jobless benefits to stay elevated as coronavirus layoffs...

The economy lost a staggering 20.5 million jobs in April, the steepest plunge in payrolls since the Great Depression of...

14 May 2020 10:08 AM IST

Unionized hospitality workers wait in line in a basement garage to apply for unemployment benefits. (AP Photo)

US jobless claims remain high, second wave of layoffs blamed

From manufacturing, retail, information technology and oil and gas production, companies have announced job cuts

18 Jun 2020 10:53 AM IST