US UNEMPLOYMENT CLAIMS GO UP TO 861,000

Highlights

• The Labor Department on Thursday said that applications from laid-off workers jumped 13,000 from the previous week, which was revised sharply higher 

• Before the first case of the virus was reported in the month of March last year in the United Sta...

MORE AMERICANS CONTINUE TO FILE NEW CLAIMS FOR UNEMPLOYMENT BENEFITS

Highlights –

• More Americans continue to file new claims for unemployment benefits.
• The U.S is struggling with a setback in the job market due to the pandemic.
• Claims for unemployment benefits have now risen to more than 1 million mark...

US WORKERS WILL BE ELIGIBLE FOR $400/WEEK OF ADDITIONAL UNEMPLOYMENT BENEFITS

Highlights

• Trump’s move is part of several other measures directed to address the economic damage caused by the Covid-19
• It represents a midpoint between the two positions

In the US, a huge number of workers are displaced by th...

NEW CLAIMS FILED BY AMERICANS FOR UNEMPLOYMENT BENEFITS OBSERVE A RISE

Highlights

• Last week, initial weekly jobless claims came in at 1.434 million
• It was roughly in line with expectations

The Labor Department reported on Thursday that last week the number of Americans who filed new claims for unemploym...

TEXAS: BAYLOR SCOTT AND WHITE HEALTH LAY OFF 1,200 EMPLOYEES

Highlights:

• Baylor Scott and White Health in Dallas is one of the largest non-profit systems in Texas
• With a fall in patients seeking care in the non-profit, it is not laying off 1,200 employees
• The employees shall be paid through till June 7 2020

GET READY FOR ANOTHER GREAT DEPRESSION AS U.S. JOBLESS RATE GOES UP TO 14.7%

Highlights

• Nearly 20.5 million people lost their jobs in the month of April

• Over 33 million Americans have filed for first-time unemployment benefits in last seven weeks

• The U.S. government has announced COVID-19 relief package worth $3.1 trillio...

GET READY FOR AMERICA’S BIGGEST RENT STRIKE IN DECADES

Highlights

• Around 30 million Americans have filed for unemployment benefits is last six weeks

• If the estimations prove accurate, it will be biggest rent strike since year 1930

The streets of America will see thousands of it’s residents taking part...