Jobs

Thirty percent of employers cut employee pay in response to the coronavirus pandemic, according to this survey.

Many employees in the health care and local government sectors will be able to get back to work, Scalia said.

The bid for Lucky includes $140.1 million in cash and a credit bid of $51.5 million by lenders.

The retail giant instituted the wage hike months of schedule.

Labor Secretary Eugene Scalia said he does not think that $600-a-week enhanced unemployment benefits are needed "going forward."

Boeing is moving forward with plans to cut about 10 percent of its workforce.

The program would help fill the hundreds of thousands of positions that will be needed in the coming years to develop the massive 2016 oil discovery in the Permian Basin, located in West Texas and New Mexico.

Top economist says the economy will be helped if Washington ends the coronavirus program that helps the unemployed

Some states have experienced a tidal wave of layoffs -- in May, 43 states set record jobless rate highs -- while the losses have been more tempered in other states.

The S&P 500 ended trading with a weekly gain of 4%

The layoffs are part of a previously announced plan to to reduce the workforce by 10 percent

The US unemployment rate dropped to 11.1 percent in June.