Actor Kevin Spacey has broken his silence over sex assault allegations, comparing being shunned by the film industry to those who are out of work as a result of the coronavirus crisis. The 60-year-old American Beauty star has not appeared in a professional movie or series since accusations of abuse were made by several men. "I don't think it will come as a surprise for anyone to say that my world completely changed in the fall of 2017,” he said in comments made during an interview for the German business conference Bits & Pretzels podcast. “My job, many of my relationships, my standing in my own industry were all gone in just a matter of hours.” The former House of Cards lead, who was dropped by the show after allegations surfaced, has largely kept a low profile since the allegations were made. He was also removed from the film All the Money in the World, which had to be reshot with actor Christopher Plummer. Spacey has always denied the claims, several of which date back several decades. “While we may have found ourselves in similar situations, albeit for very different reasons and circumstances, I still believe that some of the emotional struggles are very much the same," he said. “And so I do have empathy for what it feels like to suddenly be told that you can't go back to work or that you might lose your job and that it's a situation that you have absolutely no control over.” At the end of the podcast interview, Spacey added: “I was so busy defining myself by what I did or what I was trying to do, that when it all stopped I had no idea what to do next. All I knew how to do was act, I was born to do it. “I don’t want to sugarcoat this devastating time that we’re in, I am hoping that I can encourage you to see an opportunity in all of this and turn this into a positive.”

The once-acclaimed actor then admitted he felt lost when the #MeToo movement turned his life upside down.

Compared to the Great Recession, fewer male and blue-collar workers have lost jobs, while women, Latinos, African Americans and young workers have been hit hardest.

Coronavirus unemployment hits a broad swath of industries across California.

Australia's troubled second airline, which saw its cash flow collapse because of tough coronavirus travel restrictions, appoints accounting firm Deloitte to act as administrator after the Federal Government rejected calls to bail it out.

The COVID-19 pandemic resulted in a 5.5 per cent slump in jobs in the first week after extensive business shutdowns and social-distancing limits were introduced to contain the virus, new ABS figures show.

New data shows how hard the impact of the coronavirus has been on women's jobs as a leading economist worries about the long-term impact for women in the workforce.

Rent is traditionally due on the first of the month, and with each passing month more tenants are becoming late on their payments.

The number of Americans who have lost their jobs during the coronavirus pandemic could be even bleaker than official government data suggests.

Private payrolls hemorrhaged more than 20 million jobs in April as companies sliced workers amid a shutdown that took most of the U.S. economy offline, according to a report Wednesday from ADP.

Gregory Daco of Oxford Economics says he expects the U.S. unemployment rate to go up to 17% in April, reflecting a loss in income that will weigh on consumer spending and subsequent economic recovery.

A conversation about the latest market-moving news, including the upcoming jobs report.

Chris Payne of Peninsula Real Estate Management says the real problem in the GCC is not unemployment, but population shrinkage, as expats will be the first to be furloughed in an economic downturn.

Stocks rose even after the ugliest monthly jobs report ever as investors bet the worst of the coronavirus and its economic impact has passed.

The most Americans in history lost their job in April, but markets are moving higher. Here's why.

The number of continuing jobless claims rose to a greater-than-expected 22.6 million last week, signaling April job losses over 20 million.

Stocks were up today despite a record drop in payrolls. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Brian Kelly and Jeff Mills.

The US and Europe have taken different approaches to tackling pandemic-induced unemployment but which is best long term?

In two, terrible, months the coronavirus pandemic has driven unemployment in the US to levels unseen since the 1930s Great Depression. Did it have to be this way?

Covid-19 has cost more than 33 million Americans their jobs in the last seven weeks – 10% of the entire US population. The official unemployment rate had shot up from 4.4% to 14.7% on Friday – a figure that probably wildly underestimates the true scale of job losses.

Marc Morial, former mayor of New Orleans and CEO and president of the National Urban League, discusses the worst U.S. jobs loss since the end of World War II and the groups that are struggling the most.

Jeremy Siegel, finance professor at the University of Pennsylvania's Wharton School, joins "Squawk Box" to discuss the April jobs numbers and what the data means for the U.S. economy.

Jan Hatzius of Goldman Sachs joins "Squawk on the Street" to discuss the latest jobs number, which saw the unemployment rate soar to 14.7 percent.

Five-point plan to protect renters comes as poll shows 1.7 million people fear unemployment

Labour is calling on the government to draw up emergency measures to protect renters beyond June as polling shows up to 1.7 million people in the private sector fear that they will lose their jobs this summer.

Dire economic forecasts released this week, including a Bank of England warning that the country faces its worst recession in 300 years, has prompted Labour to rapidly escalate its call for current protections for the rented sector, like the three-month ban on evictions in England and Wales, to be extended.

Plane maker’s chief warns aerospace industry in ‘gravest crisis’ as group swings to quarterly loss amid aviation collapse

Let's take a look at why the SaaS cohort is the apple of Wall Street's eye.

Let's take a look at why the SaaS cohort is the apple of Wall Street's eye.

Let's take a look at why the SaaS cohort is the apple of Wall Street's eye.

'It's totally expected, there's no surprise," President Donald Trump said during a call-in interview on 'Fox & Friends' Friday when asked about April unemployment figures.

US stock market ended sharply higher on Friday (8 May) despite grim monthly jobs report as investors bet the worst of the coronavirus crisis has passed. Investors also hoped for an eventual reopening of the economy.

April’s jobs report shows record-high job losses and unemployment, low-risk businesses in California reopen for curbside pickup today, and testing will increase at the White House. WSJ’s Jason Bellini has the latest on the pandemic. Photo: John Locher/Associated Press

Spacey said that he could relate to the impact coronavirus had on people's lives thanks to his own experience of sudden unemployment after sexual harassment allegations.

The virus has continued to spread across the nation, with nearly 1.3 million people infected so far and more than 77,000 dead.

There is bad news everywhere amid Covid 19 crisis which has led most employed to fret about job loss or salary cuts. Various industries hit the most including aviation has announced no pay-outs for April, May month. At the same time,

The Dow Jones Industrial Average rose 455.43 points, or 1.91%, to 24,331.32, the SP 500 gained 48.61 points, or 1.69%, to 2,929.8 and the Nasdaq Composite added 141.66 points, or 1.58%, to 9,121.32.

As many parts of the world's biggest economy begin to reopen after weeks of stay-at-home orders that slowed the spread of the coronavirus but gutted jobs, Americans should not expect a quick return to growth, U.S. Federal Reserve officials said on Friday.

The U.S. government reported more catastrophic economic fallout from the coronavirus crisis on Friday as the pandemic pierced the very walls of the White House and California gave the green light for its factories to restart after a seven-week lockdown.

The latest figures from the Labor Department released on Friday showed the U.S. economy losing 20.5 million jobs in April, the steepest plunge in payrolls since the Great Depression. Colette Luke has more.

Stocks on Wall Street jumped Friday despite historic job losses suffered by the economy. Fred Katayama reports.

The latest figures from the Labor Department released on Friday showed the U.S. economy losing 20.5 million jobs in April, the steepest plunge in payrolls since the Great Depression. Colette Luke has more.

Stocks on Wall Street jumped Friday despite historic job losses suffered by the economy. Fred Katayama reports.

The U.S. government reported more catastrophic economic fallout from the coronavirus crisis on Friday as the pandemic pierced the very walls of the White House and California gave the green light for its factories to restart after a seven-week lockdown.

The U.S. government reported more catastrophic economic fallout from the coronavirus crisis on Friday as the pandemic pierced the very walls of the White House and California gave the green light for its factories to restart after a seven-week lockdown.

About Rs 10 lakh crore worth of output is gone for good while job losses are estimated to have crossed 140 million.

Worries about job losses are the highest in the country as 86 per cent being worried about losing their jobs and livelihood post-COVID-19 lockdowns. In comparison, this is only 31 per cent in Britain, 33 per cent in Australia and 41 per cent in the US and a high 71 per cent Hongkongers fear job loses, says the survey.

The Labor Department's closely watched monthly employment report on Friday also showed the unemployment rate surging to 14.7% last month, shattering the post-World War Two record of 10.8%