Jobs

The "golden arches" is one of many companies that have boosted pay for employees as a thank you for working throughout the harrowing pandemic while residents worldwide were ordered to stay home.

The leisure and hospitality sector saw the biggest plunge, as expected.

A bankruptcy filing would cap a long decline for the iconic 118-year-old department store chain, which has struggled with a nearly $4 billion debt load and competition from e-commerce firms.

In the seven weeks since the nation's economy came to a near standstill, more than 33 million Americans have filed for first-time unemployment benefits.

The paralyzed U.S. economy, and the tidal wave of layoffs, pushed the unemployment rate to the highest level since record-keeping began in 1948.

Most states typically provide 26 weeks of unemployment benefits, but in response to the pandemic, states will be allowed to provide 13 additional weeks of federally funded assistance.

Investors brace for historically negative jobs report