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Tag Archives: unemployment

Jobless rate spikes to 14.7 percent, highest since Great Depression

The U.S. unemployment rate hit 14.7 percent 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 ...

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Fed’s odd dilemma: Low unemployment but pressure to do more

With the nation’s unemployment rate at its lowest point since human beings first walked on the moon, you might expect the Federal Reserve to be raising interest rates to keep the economy from overheating and igniting inflation. That’s what the ...

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Fed’s odd dilemma: Low unemployment but pressure to do more

With the nation’s unemployment rate at its lowest point since human beings first walked on the moon, you might expect the Federal Reserve to be raising interest rates to keep the economy from overheating and igniting inflation. That’s what the ...

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Job search still grim

Looking at the packed parking lot at the St. Charles County Workforce Development Department, you wouldn’t guess that initial claims for unemployment insurance in the United States have fallen steadily since the summer. And the unemployment rate in St. Charles ...

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