The Unemployment Rate Is Probably Around 13 Percent

It’s almost certainly at its highest level since the Great Depression. Here’s how we estimated it. The jobless rate today is almost certainly higher than at any point since the Great Depression. We think it’s around 13 percent and rising at a speed unmatched in...

Filing for unemployment benefits? Read this first

(CNN) — Unemployment benefits are becoming a financial lifeline for millions of Americans after their employers shut their doors to help stem the spread of the coronavirus. The growing tsunami of layoffs has overwhelmed state unemployment systems as a record...

US Job Advertisements Crater During Second Half of March

Demand for US jobs among Russell 3000 companies fell dramatically during the last two weeks of March as companies began taking actions as a result of Covid-19. This is according to labor market intelligence firm Greenwich.HR, which tracks hiring and pay behaviors. ‘In...

10 Products to Get You Through Working From Home

A large portion of the American workforce is working from home these days. For some, that’s no problem and it’s business as usual. For others, it’s tough to be as productive as you once were. Given that we may be working from home for quite some...

USA Today publisher unveils employee pay cuts, furloughs

USA Today publisher Gannett announced a series of pay cuts and mandatory furloughs on Monday in the latest economic fallout from the coronavirus crisis. Gannett executives will take a 25 percent pay cut and CEO Paul Bascobert will forgo his salary entirely until the...