[WASHINGTON] US unemployment is rising at a jarring rate, with data released Thursday showing 17 million people have lost their jobs since mid-March as officials scramble to apply a tourniquet to...

[LONDON] The world's workers are reeling from the initial shock of the coronavirus recession, with job losses and welfare claims around the globe already running into the millions this week. As...

LATEST US DATA

THE US economy shed jobs in March, abruptly ending a historic 113 straight months of employment growth as stringent measures to control the novel coronavirus pandemic shuttered businesses and...

[WASHINGTON] The US economy shed jobs in March, abruptly ending a historic 113 straight months of employment growth as stringent measures to control the novel coronavirus pandemic shuttered...

[WASHINGTON] The generous US unemployment benefits rolled out to blunt the economic harm caused by the coronavirus could have an unintended effect: it may actually be an incentive for companies to...

[ATLANTA] Federal Reserve Bank of St Louis President James Bullard predicted the US unemployment rate may hit 30 per cent in the second quarter because of shutdowns to combat the coronavirus, with...

VIRUS OUTBREAK: LATEST US DATA

US EMPLOYERS maintained a robust pace of hiring in February, giving the economy a strong boost as it confronts the novel coronavirus outbreak that has stoked financial market fears of a recession...

[WASHINGTON] US employers maintained a robust pace of hiring in February, giving the economy a strong boost as it confronts the coronavirus outbreak that has stoked financial market fears of a...

[WASHINGTON] America's solid job creation continued in December but at a slower pace while wages cooled off, according to the closely-watched government report released Friday.

WALL STREET INSIGHT

US STOCKS snapped back last week after a brutal selloff, even as economic data went from bad to worse. The rationale was that weakening economic data could spur the Federal Reserve and...