Minnesota’s unemployment rate increased to 8.1 percent in April, the first full month impacted by coronavirus restrictions.
Between March and April, the state’s unemployment rate jumped from 2.9 percent to 8.1 percent. Nationally, the unemployment rate rose from 4.4 percent in March to 14.7 percent in April.
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The Great Awakening.
History books tell us “The Great Awakening” was (according to Wikipedia), “The First Great Awakening (sometimes Great Awakening) or the Evangelical Revival was a series of Christian revivals that swept Britain and its Thirteen Colonies between the 1730s and 1740s. The revival movement permanently affected Protestantism as adherents strove to renew individual piety and religious devotion. The Great Awakening marked the emergence of Anglo-American evangelicalism as a trans-denominational movement within the Protestant churches. In the United States, the term Great Awakening is most often used, while in the United Kingdom, it is referred to as the Evangelical Revival.”
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More than 40,000 filed for unemployment insurance in Minnesota, bringing the state total to nearly 700,000, according to recent data.
Data from the U.S. Department of Labor showed that 40,427 people filed for unemployment insurance benefits in the week ending May 9. That number is down a little more than 1,000 applicants from the week prior.
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New jobless claims continued their COVID-19 surge last week, driving the total number of those filing for unemployment benefits to more than 36 million over the past two months.
Even as many states across the country began easing restrictions and slowly reopening their economies, 2.98 million Americans filed for new unemployment benefits for the week ending May 9, according to data released Thursday by the U.S. Department of Labor.
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President Donald Trump may prohibit some temporary workers from entering the U.S. in an executive order later this month, the Wall Street Journal reported Friday.
Trump’s anticipated order, much like his recent immigration ban, is meant to help mitigate the spread of coronavirus while protecting U.S. workers amid a monumental downturn in the economy, the WSJ reported.
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A Republican lawmaker put forward an amendment Thursday that would suspend Gov. Tim Walz’s salary during the course of his peacetime emergency declaration.
The move is the latest escalation in a battle between Republican and Democratic lawmakers over the best course of action in addressing the coronavirus pandemic. House Minority Leader Kurt Daudt (R-Crown) announced last weekend that he would block a public works bill from being passed until Walz agreed to relinquish his emergency powers.
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25.4 million Americans have lost their jobs since February through mid-April, the Bureau of Labor Statistics reports — 17.3 million who are unemployed, and another 8.1 million who have left the labor force completely — in response to the Chinese coronavirus pandemic as Americans sit home and wait it out.
Although the Bureau tabulates a reported unemployment rate of 14.7 percent, if you count the 8.1 million who left the labor force, too, plus the 5.8 million who were already unemployed, and the number looks more like 18.9 percent.
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The U.S. economy lost 20.5 million jobs in April, while the unemployment rate rose to 14.7%, according to Department of Labor data released Friday.
Total non-farm payroll employment fell by 20.5 million in April, according to the Bureau of Labor Statistics report, and the number of unemployed persons rose by 15.9 million to 23.1 million.
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More than 600,000 Minnesotans have filed for unemployment since the beginning of the coronavirus pandemic.
According to the Department of Employment and Economic Development (DEED), the state has had 633,405 applications for unemployment insurance since March 16. That number represents a little more than 20 percent of the state’s workforce, Fox 9 reported Wednesday.
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by Robert Romano The unemployment rate will likely continue rising as the spread between the 10-year treasury on one side, and the 2-year and 3-month treasuries on the other, continue rising over the next weeks and months, an analysis of interest rates over the past four recession shows, according to…
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A group of small business owners described the devastating economic impact of Minnesota Gov. Tim Walz’s stay-at-home order in a recently released video.
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Minnesota has now seen more unemployment applications during the coronavirus pandemic than during the “Great Recession,” the state’s chief economic commissioner revealed Thursday.
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Minnesota has seen 464,513 new applications for unemployment insurance since the beginning of the coronavirus pandemic.
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JPMorgan economists expect the second quarter to be a bad one, with 25 million jobs lost and a sizable chunk taken out of the country’s gross domestic product as the coronavirus pandemic hits its stride.
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Minnesota has seen 385,318 new applications for unemployment insurance since the beginning of the coronavirus pandemic, Department of Employment and Economic Development (DEED) Commissioner Steve Grove said Thursday.
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The U.S. economy lost 701,000 jobs in March, while the unemployment rate rose to 4.4%, according to the Department of Labor data released Friday.
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A progressive group in Minnesota wants state and national lawmakers to pass a “stronger unemployment insurance package” that includes benefits for illegal immigrants.
TakeAction Minnesota, a progressive community organizing group, released a list of policy proposals that it would like to see included in any stimulus package passed in response to the coronavirus pandemic.
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By a vote of 96-0, the U.S. Senate has passed a $2.2 trillion legislative package, by far the largest in U.S. history, to keep tens of millions of Americans on payroll and expand unemployment benefits to those who are laid off while the country waits out the deadly Chinese coronavirus that poses additional risk to seniors and those with underlying conditions.
That way, when the virus passes, those businesses, particularly the 30 million small businesses that are struggling most of all right now, but also critical industries, will be able to rapidly reopen and we can get back to our lives.
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Minnesota has seen 182,000 workers apply for unemployment insurance since the beginning of the coronavirus pandemic, Department of Employment and Economic Development (DEED) Commissioner Steve Grove said Thursday.
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Nearly 3.3 million Americans filed unemployment claims last week, a record number as businesses were forced to shut down to help slow the spread of the novel coronavirus.
The U.S. Department of Labor reported Thursday that 3.28 million claims were filed in the week that ended March 21. That marked an increase of more than 3 million claims over the week prior, when 282,000 claims were filed.
The previous high in a single week, according to the department, was in October 1982, when about 695,000 claims were filed. The nearly 3.3 million claims filed last week is nearly five times the prior record.
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The U.S. economy added 273,000 jobs in February, while the unemployment rate was almost unchanged at 3.5%, according to Department of Labor data released Friday.
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What ever happened to that imminent recession the mainstream media was reporting?
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Minneapolis-St. Paul was the only Metropolitan Statistical Area to lose jobs on the year, according to numbers released by the Department of Employment and Economic Development (DEED).
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The anti-Trump talking-down-the-economy crowd has America already in a recession, with POLITICO’s Morning Money leading its Thursday morning news with, “…manufacturing in recession and capital expenditures dropping, the strong consumer is the final leg holding up the U.S. economy. But the length of the workweek dipped in July, often a leading signal that employers are cutting back. A sharp slowdown in job creation could follow.”
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The U.S. economy added 130,000 jobs in August, while the unemployment rate remained at 3.7%, according to Department of Labor data released Friday.
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You might have noticed some alarmist reporting from Marketwatch and the Drudge Report implying the economy lost 500,000 jobs last year.
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The U.S. economy added 164,000 jobs in July, while the unemployment rate remained at 3.7%, according to Department of Labor data released Friday.
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by Mary Margaret Olohan The U.S. economy added 75,000 jobs in May, while the unemployment rate remained at 3.6 percent, according to Department of Labor data released Friday. Economists predicted 180,000 jobs would be added and that wage growth would rise to about 3.2%, according to The Wall Street…
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by Henry Rodgers The total number of workers claiming unemployment insurance fell to the lowest level in 50 years, the Department of Labor reported Thursday. The number of applications claiming unemployment insurance benefits dropped by 10,000, bringing the number of applicants to 202,000, the lowest recorded number since Dec.…
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Minnesota’s Department of Employment and Economic Development, or DEED, released its monthly jobs report Thursday, and the results weren’t good for Gov. Tim Walz’s first full month in office. According to the report, Minnesota lost 8,800 seasonally adjusted jobs in February, and the unemployment rate climbed from 3 percent to…
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by Tim Pearce Roughly 2.4 percent of the Americans in the workforce quit their jobs in the past year, the fastest rate since 2001, according to the Bureau of Labor Statistics (BLS). The BLS’s most recent version of the Job Openings and Labor Turnover Survey (JOLTS) found that an…
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by Ramon Taylor Brandy Corwin likes that she can now wear makeup and nice clothes to work. That is because she is no longer working on the assembly line at the General Motors plant in Fort Wayne, Indiana. “I was laid off multiple times, and having a family, you can’t…
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by Rick Manning The incredibly positive economic data that keeps coming out from both private and public sector sources leads to one overriding question: Will the Trump economic detractors ever get tired of being wrong? Over the course of the past six months, we have heard how tariffs against the…
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Tennessee’s unemployment rates remain low and the state added 45,000 jobs the past year, the National Federation of Independent Business said. According to the March 2018 numbers from the Tennessee Department of Labor and Workforce Development, 82 of the state’s 95 counties saw lower unemployment rates that month than they…
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