Christopher Rugaber, Author at Providence Business News

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1.9 million seek jobless aid even as reopenings slow layoffs

Coronavirus 06/04/2020

WASHINGTON (AP) – Nearly 1.9 million people applied for United States unemployment benefits last week, the ninth straight decline since applications spiked in mid-March,...

U.S. UNEMPLOYMENT claims increased by 2.1 million last week. / AP FILE PHOTO/ELAINE THOMPSON

41 million have lost jobs since virus hit, but layoffs slow

Economic Activity 05/28/2020

WASHINGTON (AP) – Roughly 2.1 million people applied for United States unemployment benefits last week, a sign that companies are still slashing jobs in...

FEDERAL RESERVE Chariman Jerome Powell said that the Fed's lending programs for medium-sized businesses and state and local governments would begin operating by June 1. / AP FILE PHOTO/JACQUELYN MARTIN

Fed’s Powell says new lending programs to launch by June 1

Coronavirus 05/19/2020

WASHINGTON (AP) – Federal Reserve Chair Jerome Powell said Tuesday that the Fed's lending programs for medium-sized businesses and state and local governments would...

NEARLY 3 Million Americans filed for unemployment last week. / AP FILE PHOTO/NAM Y. HUH

36M have sought U.S. unemployment aid since virus hit

Coronavirus 05/14/2020

WASHINGTON (AP) – Nearly 3 million laid-off workers applied for United States unemployment benefits last week as the viral outbreak led more companies to...

THE U.S. JOBLESS rate increased to 14.7% in April. / AP FILE PHOTO/PAUL SANCYA

U.S. jobless rate spikes to 14.7%, highest since Great Depression

Coronavirus 05/08/2020

WASHINGTON (AP) – The United States unemployment rate hit 14.7% in April, the highest rate since the Great Depression, as 20.5 million jobs vanished...

U.S. JOBLESS CLAIMS rose nearly 3.2 million last week. / AP FILE PHOTO/ PAUL SANCYA

33 million have sought U.S. unemployment aid since virus hit

Coronavirus 05/07/2020

WASHINGTON (AP) – Nearly 3.2 million laid-off workers applied for unemployment benefits last week as the business shutdowns caused by the viral outbreak deepened...

STILL WAITING: Musician Sasha McVeigh poses at her home in Springfield, Tenn. McVeigh had been working steadily in Nashville until the city shut down music clubs in mid-March because of the new coronavirus pandemic. Since then, she’s applied for unemployment benefits but so far has not received anything. / AP FILE PHOTO/MARK HUMPHREY

Jobless aid remains out of reach for many

Coronavirus 05/01/2020

WASHINGTON – Like many Americans cooped up during the virus outbreak, Jeff Kardesch of Austin, Texas, is spending a lot of time on social...

ROUGHLY 30.3 MILLION Americans have filed for jobless claims over a six week period ending last week. / AP FILE PHOTO/TONY DEJAK

30 million have sought U.S. unemployment aid since virus hit

Coronavirus 04/30/2020

WASHINGTON (AP) – More than 3.8 million laid-off workers applied for unemployment benefits last week as the United States economy slid further into a...

U.S. JOBLESS CLAIMS totaled 4.4 million las week. / AP FILE PHOTO/NAM Y. HUH

26M have sought U.S. jobless aid since virus hit

Coronavirus 04/23/2020

WASHINGTON (AP) – More than 4.4 million laid-off workers applied for U.S. unemployment benefits last week as job cuts escalated across an economy that...