*The unemployment situation is definitely bleak. Per the latest figures released today, the US economy lost an incredible 20.5 million jobs in April. That figure represents the steepest decline since ...

Discover how the Great Recession caused shifts in structural unemployment, transforming job markets and leaving lasting economic impacts beyond cyclical trends.

The coronavirus crisis has sent the U.S. unemployment rate surging to 14.7%, a level last seen when the country was in the throes of the Depression and President Franklin D. Roosevelt was assuring ...

The U.S. unemployment rate hit 14.7% in April, the highest rate since the Great Depression, as 20.5 million jobs vanished in the worst monthly loss on record. The figures are stark evidence of the ...

WASHINGTON (AP) — The U.S. unemployment rate hit 14.7% in April, the highest rate since the Great Depression, as 20.5 million jobs vanished in the worst monthly loss on record. The figures are stark ...

U.S. unemployment dropped unexpectedly in May to 13.3% as reopened businesses began recalling millions of workers faster than economists had predicted, triggering a rally Friday on Wall Street and ...

The Great Depression is remembered as the worst recession in modern U.S. history. By the end of 1932, the Great Depression had impacted roughly 60 million people. Some, including middle-class families ...

An interesting historical artefact has provided a heartwarming look into how real people faced the struggles of the Great ...

If the stress of trade wars starts to pressure the U.S. economy, one of the first signs is likely to be an increase in layoffs and unemployment. Yet so far there's no evidence the labor market is ...