Layoffs

File = This May 7, 2020 file photo, Josh Rosenthal holds a " closed until everyone is safe" sign as he sits in Creek Tea in Salt Lake City. Rosenthal, said the disruption caused by COVID-19 proved to be too much. He's closing his store. Many businesses have been given the green light to reopen, but owners are finding it's not that simple and many may not be able to weather the storm brewed up by COVID-19. (AP Photo/Rick Bowmer)
May 08, 2020 - 7:27 pm
WASHINGTON (AP) — The coronavirus crisis has sent U.S. unemployment 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 Americans that the only thing to fear was fear itself. And because of government errors and...
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Euro Treasures Antiques owner Scott Evans poses next to a "thank You" sign Friday, May 8, 2020, in Salt Lake City. Evans is closing his art and antique store after 40 years. With a drastic drop in customers due to COVID-19 concerns and shelter-in-place orders, Evans says it was no longer cost effective to stay open. (AP Photo/Rick Bowmer)
May 08, 2020 - 5:38 pm
BALTIMORE (AP) — Brutal. Horrific. Tragic. Choose your description. The April jobs report showed, in harrowing detail, just how terribly the coronavirus outbreak has pummeled the U.S. economy. Most obviously, there's the 14.7% unemployment rate, the highest since the Great Depression. And the...
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FILE - In this May 7, 2020, file photo, a pedestrian walks by The Framing Gallery, closed due to the COVID-19 pandemic, in Grosse Pointe, Mich. 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 damage the coronavirus has done to a now-shattered economy. (AP Photo/Paul Sancya, File)
Associated Press
May 08, 2020 - 9:06 am
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 evidence of the damage the coronavirus has done to a now-shattered economy. The losses, reported by...
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FILE - In this April 30, 2020 file photo, a man writes information in front of Illinois Department of Employment Security in Chicago. U.S. businesses cut an unprecedented 20.2 million jobs in April, an epic collapse with coronavirus outbreak closing the offices, factories, schools, construction sites and stores that propel the U.S. economy. The Wednesday, May 6, report from payroll company ADP showed the tragic depth and scale of job losses that left no part of the world’s largest economy unscathed.  (AP Photo/Nam Y. Huh, File)
Associated Press
May 07, 2020 - 6:14 am
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 the worst U.S. economic catastrophe in decades. Roughly 33.5 million people have now filed for jobless aid in the seven weeks since the...
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A man walks by a closed store during the COVID-19 in Chicago, Thursday, April 30, 2020. Another 3.8 million people filed claims for jobless benefits last week, according to the Labor Department. While that's down from the previous week's 4.4 million, a staggering 30.3 million have applied for unemployment in the six weeks since the coronavirus began taking a wrecking ball to the U.S. job market. (AP Photo/Nam Y. Huh)
May 06, 2020 - 2:26 pm
WASHINGTON (AP) — The economic catastrophe caused by the viral outbreak likely sent the U.S. unemployment rate in April to its highest level since the Great Depression and caused a record-shattering loss of jobs. With the economy paralyzed by business closures, the unemployment rate likely jumped...
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FILE - In this Feb. 22, 2018, file photo Airbnb co-founder and CEO Brian Chesky speaks during an event in San Francisco. In a world where social distancing has become a part of life and people are staying home in hopes of avoiding the coronavirus, companies that have built their business on the sharing economy are struggling. Ride-hailing companies are laying off thousands of employees as their once-loyal customers stay indoors. Those who venture out fear infection, and try to limit contact with others to minimize risk. And home-sharing apps such as Airbnb are slashing staff as the thought of opening living spaces to strangers begins to feel like an anachronism. (AP Photo/Eric Risberg, File)
May 06, 2020 - 1:24 pm
NEW YORK (AP) — In a world where the coronavirus pandemic has turned social distancing into a new way of life, companies whose business models bank on people's willingness to share their personal space are now struggling. Uber said Wednesday it's cutting 3,700 full-time workers, or about 14% of its...
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FILE - In this Wednesday, April 15, 2020, file photo, an Illinois Department of Employment Security office is closed in Chicago. At least a half-dozen states, including Illinois, already have notified the federal government that they could need to borrow billions of dollars to pay unemployment benefits because their own trust funds are running out of money. Though the shortfalls won't prevent unemployed workers from getting government aid, the federal loans could lead to higher taxes for businesses in future years to repay the debt. (AP Photo/Nam Y. Huh, File)
May 06, 2020 - 6:24 am
BALTIMORE (AP) — U.S. businesses cut an unprecedented 20.2 million jobs in April, an epic collapse with coronavirus outbreak closing the offices, factories, schools, construction sites and stores that propel the U.S. economy. The Wednesday report from payroll company ADP showed the tragic depth and...
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The marquee at the Palace Station Hotel & Casino displays a message after the resort closed as a result of the coronavirus continuing to spread across the United States on March 18, 2020 in Las Vegas, Nevada.
Ethan Miller/Getty Images
Paul Ihander
May 01, 2020 - 4:49 pm
Station Casinos notified team members through a letter Friday about impending layoffs due to the extended state shutdown.
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A humanoid robot Pepper wearing a face mask greets Tokyo Gov. Yuriko Koike at the lobby of a hotel for the new coronavirus COVID-19 patients with mild symptoms during a media preview in Tokyo Friday, May 1, 2020. Prime Minister Shinzo Abe said Thursday he planned to extend a state of emergency beyond the scheduled end of May 6 because infections are spreading and hospitals are overburdened. (AP Photo/Eugene Hoshiko)
May 01, 2020 - 10:52 am
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the global economy, the work place and the spread of the virus. ________________________ AIRLINES: The aviation industry is teetering on the edge as travel...
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House Speaker Nancy Pelosi of Calif. adjusts her face mask during a news conference on Capitol Hill Thursday, April 30, 2020, in Washington. (AP Photo/Manuel Balce Ceneta)
April 30, 2020 - 8:19 pm
WASHINGTON (AP) — House Speaker Nancy Pelosi said Thursday that state and local governments are seeking up to $1 trillion for coronavirus costs, a stunning benchmark for the next aid package that's certain to run into opposition from Senate Republicans. Pelosi acknowledged the federal government...
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