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One For The History Books: 14.7% Unemployment, 20.5 Million Jobs Wiped Away

Updated at 11:43 a.m. ET The Labor Department delivered a historically bad employment report Friday, showing 20.5 million jobs lost last month as the nation locked down against the coronavirus. The jobless rate soared to 14.7% — the highest level since the Great Depression. The highest monthly job loss before this was 2 million in 1945, as the nation began to demobilize after World War II. The worst monthly job loss during the Great Recession was 800,000 in March 2009. Loading... Don't see the graphic above? Click here. Unemployment was 4.4% in March as the coronavirus began to take hold in the U.S. It approached 25% during the Great Depression and remained elevated until World War II. Loading... Don't see the graphic above? Click here. The carnage was felt across industries in April. With most travel shut down, leisure and hospitality jobs fell by 7.6 million. The retail and health care sectors each dropped by 2.1 million. Manufacturing lost 1.3 million and government jobs fell by 980




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Women Bear The Brunt Of Coronavirus Job Losses

Very briefly, at the end of 2019 and the start of 2020, there were slightly more women on American nonfarm payrolls than men. That's no longer true. The historically disastrous April jobs report shows that the brunt of job losses fell on women. Women now account for around just under half — 49% — of American workers, and they accounted for 55% of the increase in job losses last month. One way of looking at why that matters that is to look at the gap that opened up between women's and men's unemployment last month. The below chart shows women's unemployment rate minus men's unemployment rate since 2007. Usually, the line bumps around near or just below zero — meaning men's unemployment is usually near or slightly higher than women's. But that spike on the far right shows how women's unemployment leapt to be 2.7 points higher than men's in April. Women had an unemployment rate of 16.2% to men's 13.5% last month. That's uncommon for a recession. The below chart is a longer view, and the




job

Help me apply to jobs (New York, NY)

I have some mental illness/executive function/autism issues that make applying to jobs a particularly excruciating and time consuming, and I need someone to help look through listings, customize my resumes and cover letters and send them out.

We would meet at a cafe for a few hours each week to coordinate and figure out a strategy and a weekly schedule, and depending on what makes sense at the time, either we'd crank through applications together, or you'd go off and work through them on your own.

I can pay $40/hr plus a $500 bonus if one of the applications you work on leads to me accepting a job.




job

Jetzt erfasst die Corona-Krise auch Akademiker-Jobs

Die Corona-Krise verschont keinen – auch nicht die vermeintlich sicheren Jobs von Hochschulabsolventen. Experten befürchten, dass fast 13 Millionen Arbeitsplätze von Akademikern in Europa wackeln. Das Risiko ist aber extrem ungleich verteilt.




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Auf Jobsuche in der Corona-Krise – das müssen Sie beachten

Arbeitssuche ist zermürbend, die Corona-Krise verschärft das Problem noch. Die Arbeitsämter sind zwar geschlossen, doch der Betrieb läuft und auch die Fristen gelten weiterhin. Was Ihnen in dieser Situation an staatlicher Hilfe zusteht.




job

One For The History Books: 14.7% Unemployment, 20.5 Million Jobs Wiped Away

Updated at 11:43 a.m. ET The Labor Department delivered a historically bad employment report Friday, showing 20.5 million jobs lost last month as the nation locked down against the coronavirus. The jobless rate soared to 14.7% — the highest level since the Great Depression. The highest monthly job loss before this was 2 million in 1945, as the nation began to demobilize after World War II. The worst monthly job loss during the Great Recession was 800,000 in March 2009. Loading... Don't see the graphic above? Click here. Unemployment was 4.4% in March as the coronavirus began to take hold in the U.S. It approached 25% during the Great Depression and remained elevated until World War II. Loading... Don't see the graphic above? Click here. The carnage was felt across industries in April. With most travel shut down, leisure and hospitality jobs fell by 7.6 million. The retail and health care sectors each dropped by 2.1 million. Manufacturing lost 1.3 million and government jobs fell by 980




job

Week In Politics: U.S. Jobs Report, DOJ Drops Criminal Case Against Michael Flynn

Copyright 2020 NPR. To see more, visit https://www.npr.org.




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How to Interview for a Job

From a Views and Brews recorded live at the Cactus Cafe KUT’s Rebecca McInroy talks with Dr. Art Markman and Dr. Bob Duke about the psychology behind how to interviewing for a job.




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Episode 0x12: Karen's New Job; Supreme Court on Patents

Karen announces her new job, and Bradley and Karen discuss the recent USA Supreme Court decisions on patents.

Be sure to make sure you're subscribed to feeds available on faif.us if you haven't already!

Show Notes:

Segment 0 (00:37)

Segment 1 (28:58)


Send feedback and comments on the cast to <oggcast@faif.us>. You can keep in touch with Free as in Freedom on our IRC channel, #faif on irc.freenode.net, and by following Conservancy on on Twitter and and FaiF on Twitter.

Free as in Freedom is produced by Dan Lynch of danlynch.org. Theme music written and performed by Mike Tarantino with Charlie Paxson on drums.

The content of this audcast, and the accompanying show notes and music are licensed under the Creative Commons Attribution-Share-Alike 4.0 license (CC BY-SA 4.0).




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Episode 0x1A: Comments on Jobs

Bradley and Karen discuss the various news and comments on Steve Jobs' death and his legacy, and their own thoughts on the issue.

Show Notes:

Segment 0 (00:36)

  • Bradley still hasn't made the blog post he keeps saying he'll make about one year at Conservancy. (01:30
  • Bradley mentioned the character Cat from Red Dwarf's obsession with “shiny things” in the episode Waiting for God. (20:23)
  • Segment 1 (21:12)

Segment 1 (33:40)


Send feedback and comments on the cast to <oggcast@faif.us>. You can keep in touch with Free as in Freedom on our IRC channel, #faif on irc.freenode.net, and by following Conservancy on on Twitter and and FaiF on Twitter.

Free as in Freedom is produced by Dan Lynch of danlynch.org. Theme music written and performed by Mike Tarantino with Charlie Paxson on drums.

The content of this audcast, and the accompanying show notes and music are licensed under the Creative Commons Attribution-Share-Alike 4.0 license (CC BY-SA 4.0).





job

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job

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job

Is this the most coronavirus-proof job in the world?


It’s hard to think of a job title more pandemic-proof than “superstar livestreamer.” Social distancing? Ben Lupo has been doing that since he went pro, three years ago.




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Fraudsters are faking Washington unemployment claims amid coronavirus joblessness surge


As Washington grapples with a tsunami of legitimate unemployment claims — more than 100,000 last week — the state also is seeing a rise in attempts by fraudsters to siphon off a portion of the benefits.




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‘Wealth work’ captures only part of the stark jobs divide


The rich are employing more people to cater to their desires. But that's only part of a tidal wave of change coming to the workforce.




job

The complex and explosive debate about immigration, wages and jobs


Immigration is good for the economy — that's the big picture. It doesn't mean some Americans aren't hurt in their paychecks and opportunities.




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Coronavirus unemployment: Bartenders, dental assistants top list of Washington’s hardest-hit jobs


About 14,800 initial unemployment claims by bartenders were filed from March 8 through April 25, which closely matches the number of people estimated to work as bartenders in Washington in the second quarter of 2020.




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Oregon Lottery cutting jobs, pay amid coronavirus pandemic


PORTLAND, Ore. (AP) — Oregon Lottery officials will slash 60 jobs and furlough most other workers in response to a budget gap that comes in the wake of the coronavirus pandemic and state stay-home order. The cuts come six weeks after Oregonians last gambled on video lottery machines, which bring in the majority of the […]




job

Fraudsters are faking Washington unemployment claims amid coronavirus joblessness surge


As Washington grapples with a tsunami of legitimate unemployment claims — more than 100,000 last week — the state also is seeing a rise in attempts by fraudsters to siphon off a portion of the benefits.




job

Fraudsters are faking Washington unemployment claims amid coronavirus joblessness surge


As Washington grapples with a tsunami of legitimate unemployment claims — more than 100,000 last week — the state also is seeing a rise in attempts by fraudsters to siphon off a portion of the benefits.




job

Boeing will cut more than 15% of jobs in commercial jet division, CEO Calhoun says


Boeing will trim its total workforce by 10% to cope with the sharp aviation downturn that pushed it to a $641 million first-quarter loss.




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GE to slash 13,000 jobs in aviation amid air travel plunge


For GE, the stress on a key business threatens a broader turnaround effort as CEO Larry Culp attempts to pull the company from one of the deepest slumps in its history.




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10 takeaways from the worst jobs report in US history


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 shedding of more than 20 million jobs, by far the worst one-month […]




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Trump says ‘no rush’ on more aid as jobless crisis grows


WASHINGTON (AP) — President Donald Trump says he’s in “no rush” to negotiate another financial rescue bill, even as the government reported that more than 20 million Americans lost their jobs last month due to economic upheaval caused by the coronavirus. The president’s low-key approach came Friday as the Labor Department reported the highest unemployment […]




job

Fraudsters are faking Washington unemployment claims amid coronavirus joblessness surge


As Washington grapples with a tsunami of legitimate unemployment claims — more than 100,000 last week — the state also is seeing a rise in attempts by fraudsters to siphon off a portion of the benefits.




job

Why journalists at The Inlander didn’t jump for joy when a federal loan saved their jobs


Journalists at The Inlander, Spokane's alt-weekly, surprised their boss when they learned a federal loan would put their newsroom back together. Here's why.




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Stocks rise on hopes that awful jobs report marks the bottom


As bad as the April jobs report was, it wasn’t quite as bad as analysts were expecting, which sent stocks and bond yields rising early Friday.




job

Coronavirus unemployment: Bartenders, dental assistants top list of Washington’s hardest-hit jobs


About 14,800 initial unemployment claims by bartenders were filed from March 8 through April 25, which closely matches the number of people estimated to work as bartenders in Washington in the second quarter of 2020.




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ADP: More than 20 million jobs vanished in April


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 scale of job losses that left no part of the […]




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Small businesses cut jobs while waiting for government loans


NEW YORK (AP) — While thousands of small businesses waited for coronavirus relief money to arrive, they were shutting down and laying off workers. Two reports issued this week shed light on the crisis that business owners have been struggling through since the coronavirus hit. On Wednesday, payroll provider ADP said its small business customers […]




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Life in a pandemic: job cuts, Peloton sales, homemade bread


The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to central governments, the work place and the spread of the virus. ________________________ JOB LOSSES: The pandemic jolted the global economy and millions of jobs have been lost. Those cuts continue daily. — A […]




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With layoffs high but slowing, can US job market rise up?


WASHINGTON (AP) — Since its record-setting peak five weeks ago, the number of laid-off U.S. workers applying for jobless benefits, while still extraordinarily high, has steadily slowed. The trend suggests that the grimmest period of layoffs that began after businesses suddenly shut down in March has passed. Yet the economy — and tens of millions […]




job

Coronavirus unemployment: Bartenders, dental assistants top list of Washington’s hardest-hit jobs


About 14,800 initial unemployment claims by bartenders were filed from March 8 through April 25, which closely matches the number of people estimated to work as bartenders in Washington in the second quarter of 2020.




job

Fraudsters are faking Washington unemployment claims amid coronavirus joblessness surge


As Washington grapples with a tsunami of legitimate unemployment claims — more than 100,000 last week — the state also is seeing a rise in attempts by fraudsters to siphon off a portion of the benefits.




job

One For The History Books: 14.7% Unemployment, 20.5 Million Jobs Wiped Away

U.S. employers shed a record number of jobs in April, as the unemployment rate climbed to the highest since the Great Depression. The coronavirus crisis has locked down much of the economy.




job

Women Bear The Brunt Of Coronavirus Job Losses

Before the coronavirus crisis, there were briefly more women on American payrolls than men. That's no longer true. Women accounted for 55% of the increase in job losses last month.




job

U.S. Stocks May Open Higher Despite Record Job Losses

Stocks are likely to move higher at the start of trading on Friday, extending the strong upward move seen in the previous session. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 277 points.




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U.S. Stocks Move Mostly Higher As Traders Shrug Off Record Jobs Losses

Following the notable advance seen in the previous session, stocks are seeing further upside in morning trading on Friday. With the continued upward move, the tech-heavy Nasdaq has reached its best intraday level in over two months.




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U.S. Stocks Rally As Traders Seem Unconcerned By Record Job Losses

After moving significantly higher early in the session, stocks saw some further upside over the course of the trading day on Friday. The major averages added to the gains posted in the previous session, with the tech-heavy Nasdaq reaching its best closing level in well over two months.




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U.S. Stocks Turning In Lackluster Performance Following Dismal Jobs Data

Following the advance seen in the previous session, stocks have shown a lack of direction over the course of the trading day on Wednesday. The major averages have spent the day bouncing back and forth across the unchanged line.




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U.S. Private Sector Employment Plunges By More Than 20 Million Jobs In April

Private sector employment nosedived in the month of April, according to a report released by payroll processor ADP on Wednesday. The report said private sector employment plunged by 20.236 million jobs in April after slumping by a revised 149,000 jobs in May.




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Traders Seem To View Dismal Jobs Data As Old News

The major U.S. index futures are currently pointing to a higher opening on Friday, with stocks likely to extend the strong upward move seen in the previous session.




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Asian Markets Rise Ahead Of U.S. Jobs Data

Asian stock markets are higher on Friday following the positive cues overnight from Wall Street on upbeat corporate earnings results and continued optimism about easing COVID-19 restrictions. A continued decrease in the number of new jobless claims in the U.S. also boosted sentiment. Investors now look ahead to the release of the U.S. jobs data for April later today.