House of Representatives speaker Nancy Pelosi called the figure of 100,000  deaths related to Covid-19 “a scar on our nation”. Photograph: Shawn Thew/EPA

US president Donald Trump offered condolences to the families of those who have died from coronavirus, as America’s death toll from the pandemic passe(...)

Initial claims for state unemployment benefits totalled a seasonally adjusted 3.839 million for the week ended April 25th

Millions more Americans filed claims for unemployment benefits last week, suggesting that layoffs were spreading to industries that were not initially(...)

“The US economy is haemorrhaging jobs at a pace and scale never before recorded,” says Scott Anderson at Bank of the West in San Francisco. “It compares to a natural disaster on a national scale.” Photograph: Johannes Eisele/AFP

A record 26 million Americans sought unemployment benefits over the last five weeks, confirming that all the jobs created during the longest employmen(...)

St Louis federal reserve chair James Bullard has predicted the US unemployment rate may hit 30 per cent in the second quarter.

More than 22 million American have lost their jobs in the last four weeks as the coronavirus pandemic has swept across the US, according to government(...)

US Vice President Mike Pence follows US President Donald Trump as they arrive for the daily briefing on the novel coronavirus. Photograph: Jim Watson/AFP via Getty Images

US. inflation slowed sharply in March as the coronavirus helped push down fuel and other costs, while an underlying gauge of consumer prices posted th(...)

 New York governor Andrew Cuomo: “I’m not going to let people die because we didn’t redistribute ventilators.” Photograph: Cindy Schultz/The New York Times

New York governor Andrew Cuomo warned that New York was “in crisis” after the death toll in the state from coronavirus passed 3,000, more than doublin(...)

The closed Department of Labor  in New York. US unemployment claims reached a new high as the coronavirus pandemic closed businesses.  Photograph: Angela Weiss/AFP via  Getty Images

The number of Americans filing claims for unemployment benefits last week shot to a record high for a second week in a row - topping 6 million - as mo(...)

US president Donald Trump. The sudden stop of the US economy has several economists predicting gross domestic product will shrink in the second quarter by the most in quarterly records dating back to 1947.  Photograph: Bloomberg

The number of Americans filing for unemployment benefits surged to a record 3.28 million last week as businesses shuttered and laid off workers as par(...)

You don’t need to be an expert to predict the likely impact of confining consumers to their homes for an extended period. We’re already surrounded by empty shops and closed businesses

The economy we lived in last month has vanished. Full employment, budget surpluses, rainy day funds – forget them, they’re gone. The coronavirus has (...)

Visitors to the Department of Labor are turned away at the door by personnel due to closures over coronavirus concerns, Wednesday, March 18, 2020, in New York. Photo: AP Photo/John Minchillo)

The number of Americans filing for unemployment benefits surged by the most since 2012 to a two-and-a-half -year high last week, as companies in the s(...)

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