After a job drought that resulted in the highest unemployment levels since the Great Depression, the labor market is shaking off the pandemic’s effects, setting the stage for an economic revival in the coming months.

US unemployment claims at lowest level since pandemic began

The US economy collapsed in the midst of the coronavirus pandemic, suffering its worst drop on record while hopes for a recovery took another hit as job losses increased, according to government data released on Thursday.

US economy posts its worst drop on record, jobless claims rise

The US unemployment rate likely shot up to almost 20% in May, a new post World War Two record, with millions more losing their jobs, exposing the horrific human toll from the COVID-19 crisis.

COVID 19: US unemployment rate shot up by 20% in May as layoffs continue

The biggest job loss America history has revealed a deep gender bias, according a recent jobs report. In the United States, 20.5 million jobs were wiped out in April with unemployment rising to 14.

Gender bias revealed in worst US economic downturn since Great Depression

Millions more Americans filed claims for unemployment benefits last week, suggesting that layoffs were spreading to industries that were not initially directly impacted by business closures and disruptions related to the coronavirus.

US weekly jobless claims remain elevated as millions more seek benefits

The US Federal Reserve on December 11 held interest rates steady and signaled borrowing costs will not change anytime soon, with moderate economic growth and historically low unemployment expected to persist through the 2020 presidential election.

US fed keeps rates on hold, points to 'favorable' economic outlook next year

America's jobless rate tumbled in September to its lowest level in 50 years, which could help assuage fears of an economic slowdown, according to government data released Friday.

US unemployment falls to 50-year low of 3.5% in September

The US economic engine brushed past last month's Hurricane Michael to continue its robust job creation while giving workers a fat pay bump, the government reported Friday.

US adds 250,000 jobs in October; unemployment rate steady

The US jobless rate tumbled in September to its lowest level since December 1969, even as job creation slowed, likely due in part to Hurricane Florence, the government reported Friday.

US unemployment falls to 48-year low in September