1.5 million more laid-off workers seek unemployment benefits
About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, evidence that many Americans are still losing their jobs even as the economy appears to be slowly recovering with more businesses partially reopening.
Economist: Chicago's COVID-19 shutdown was too broad
A professor at the University of Chicago claims the city could have saved the same number of lives from the coronavirus with a smaller shutdown that would have killed far fewer jobs.
US employers laid off 7.7 million workers in April
U.S. employers laid off 7.7 million workers in April _ a sign of just how deep the economic hole is after the closure of thousands of offices, restaurants, stores and schools during the pandemic.
BP to cut 10,000 jobs worldwide amid COVID-19 pandemic
Chief Executive Bernard Looney said that the cuts will affect office-based roles in BP’s global workforce of 70,000 people and come mostly this year.
Brookfield Zoo cuts 56 positions as facilities remain closed
Brookfield Zoo is cutting 56 full time positions as its facilities remain closed.
Despite global reopening push, some jobs are gone for good
Factories and stores are reopening, economies are reawakening – but many jobs just aren’t coming back.
US unemployment drops unexpectedly to 13.3% amid outbreak
The U.S. unemployment rate fell unexpectedly in May to 13.3% — still on par with what the nation witnessed during the Great Depression — as states loosened their coronavirus lockdowns and businesses began recalling workers.
1.9 million seek jobless aid even as reopenings slow layoffs
Nearly 1.9 million people applied for U.S. unemployment benefits last week, evidence that many employers are still cutting jobs even as the gradual reopening of businesses has slowed the pace of layoffs.
US private sector lost 2.7M jobs in May
Private employers slashed 2.7 million jobs in May as the coronavirus-induced lockdown devastated the U.S. economy and labor market, according to the ADP National Employment Report released Wednesday.
Amazon says most of its pandemic hires can remain as full-time employees
Amazon will convert 125,000 of the 175,000 temporary roles hired since March to permanent jobs if employees would like to stay at Amazon long term.
41 million have lost jobs since virus hit, but layoffs slow
About 41 million people have now applied for aid since the virus outbreak intensified in March, though not all of them are still unemployed.
Taco Bell announces plans to hire 30,000 employees this summer
Irvine-based Taco Bell Corp. announced Thursday that the company, together with its franchisees and licensees, plans to hire at least 30,000 employees this summer while continuing to adhere to strict safety measures to protect its restaurant teams against the coronavirus.
Nearly 39 million have sought US jobless aid since virus hit
Roughly 38.6 million people have now filed for jobless aid since the coronavirus forced millions of businesses to close their doors and shrink their workforces, the Labor Department said Thursday.
Adler Planetarium lays off 120 employees due to pandemic
The planetarium had 308 employees when it filed its 2018 federal taxes, according to The Chicago Tribune.
Office Depot closing stores, laying off 13,000 workers
Office Depot announced a restructuring plan that includes closing stores and laying off about 13,100 employees by 2023.
Make $15 an hour: Activists connecting Chicago youth with summer jobs
With so many out of work, activists are doing what they can to make sure Chicago’s young people will have jobs this summer.