The spike in coronavirus cases in parts of the U.S. came as no surprise to many public health experts. Arizona, Texas, and Florida are three states, in particular, that reopened their economies sooner than others are seeing record numbers of hospitalizations and cases. “We’ve seen a roughly 300% increase in the number of cases statewide, […]
More than three months into the COVID-19 crisis in the U.S., countless Americans are still unemployed. Thursday’s release of the weekly initial jobless claims data could show another week of claims exceeding 1 million. Economist surveyed by Bloomberg predict another...
A handful of recent economic data pointed toward a quicker-than-expected recovery, and the weekly initial jobless claims report Thursday will provide investors with additional clues on the state of the U.S. labor market. Another 1.29 million Americans are expected to...
On the heels of the blowout May jobs report, market participants will get another update on how the U.S. Labor Market is faring amid the ongoing COVID-19 crisis with the weekly jobless claims report Thursday morning. An additional 1.55 million Americans are expected...
Since the coronavirus crisis – and accompanying recession – began three months ago. Congress has responded by ushering in a range of changes to the social safety net on things from unemployment insurance to paid family leave. The catch is that nearly all of these...
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