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.

What to make of May's U.S. jobs report
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Andy Challenger of Challenger, Gray & Christmas joins GDC to provide his take on the U.S. jobs report for May.

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.

Job advice for graduates entering the workforce during COVID-19
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Cathy Doederlein from Northern Illinois University dishes out some great advice for job hunting during these unprecedented times.

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.

Street vendors struggle during coronavirus pandemic
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They're a beautiful and delicious part of Chicago's diverse ethnicity. Street vendors have served up food and more to so many. Now with the pandemic, they have fallen on hard times.

Tips for job searching during the pandemic
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James Hornick, partner at Hirewell, dishes out some tips for successfully job huntin during the COVID-19 pandemic.

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.

36 million have sought US unemployment aid since virus hit

Nearly 3 million laid-off workers applied for U.S. unemployment benefits last week as the viral outbreak led more companies to slash jobs even though most states have begun to let some businesses reopen under certain restrictions.