American workers continued to hit the unemployment line in large numbers last week, with 898,000 new claims filed for jobless benefits. Economists surveyed by Dow Jones had been looking for 830,000. The total for the week ended Oct. 10 was the highest number since Aug. 22 and another sign that the labor market continues to struggle to get back to its pre-coronavirus pandemic mark as cases rise and worries increase over a renewed wave in the fall and winter. The number represented a gain of 53,000 from the previous week’s upwardly revised total of 845,000.

Walt Disney Co. said it would lay off about 28,000 employees at its domestic theme parks, making the announcement shortly after the state of California signaled that Disneyland Resort would likely have to remain closed for the foreseeable future due to Covid-19 concerns.

Businesses in many states are likely to face tax increases as early as next year to replenish depleted trust funds that pay unemployment benefits. Workers may also face cuts in unemployment benefits.

After the failed talks of stimulus negotiators between the Republican and Democratic highest officials, Congress would reportedly act on the second round of the stimulus payment next month.

Worries of a K-shaped recovery are growing in the alphabet-obsessed economics profession. That would entail continued growth, but split sharply between industries and economic groups. 

The state is reconsidering its policy after a hacker released a script that automatically submits junk data to its 'COVID-19 fraud' website, which allows employers to report workers who refuse to work during the pandemic.

Another 3.84 million Americans filed for unemployment benefits last week. The report comes on the heels of worse-than-expected GDP data for the first quarter. Allianz Chief Economic Adviser Mohamed El-Erian joins Yahoo Finance’s On The Move panel to weigh in on why he says there is more pain to come and how the U.S. can avoid the mistakes of the last recession.

Delays in unemployment benefits also indirectly affect other In New Jersey, a 60-year-old programming language became the scapegoat for years of neglect after the state's unemployment website struggled to handle the flood of unemployment claims spurred by coronavirus lockdowns.

In September 2006, Nouriel Roubini told the International Monetary Fund what it didn’t want to hear. Standing before an audience of economists at the organization’s headquarters, the New York University professor warned that the U.S. housing market would soon collapse — and, quite possibly, bring the global financial system down with it.

It’s a nice, rosy notion, but one that would strike anyone most workers as wishful—maybe the job losses incurred because of the coronavirus shutdown were largely temporary, and will come roaring back as soon as the economy ‘reopens.’ The reality is a lot more harsh. As weekly jobless claims skyrocket past 30 million in just a matter of weeks, a new study from the Becker-Friedman Institute at the University of Chicago offers a sobering assessment of the extent of permanent damage to the job market.

Weekly jobless claims stayed above 1 million for the 13th consecutive week as the coronavirus pandemic continued to hammer the U.S. economy. First-time claims totaled 1.5 million last week, higher than the 1.3 million that economists surveyed by Dow Jones had been expecting. The government report’s total was 58,000 lower than the previous week’s 1.566 million, which was revised up by 24,000.

Uber on Thursday said it would let drivers across the state of California set their own rates as a function of the company’s price “multiplier” — used in Uber’s so-called “surge” pricing. The move builds on a pricing experiment that began in January in Sacramento, Santa Barbara and Palm Springs. Previously, drivers had no ability to set their own rates, which was one of the primary critiques of proponents of AB5, the state law that took effect at the beginning of the year.

"The cliff is totally visible in front of us": The future is grim if Congress doesn’t act on the economy. The country is ambling toward a cliff, putting millions of Americans’ lives and livelihoods in danger and all but ensuring prolonged economic distress nationwide. It didn’t have to be this way. Yet here we are, unable to shake out of it.

Black and Hispanic households in greatest danger as evictions loom. Days from the end of enhanced unemployment benefits and a federal eviction moratorium, 24 million Americans say they have little to no chance of being able to pay next month’s rent, a U.S. Census Bureau survey shows.

The pandemic’s resurgence, coupled with dire warnings about a likely second wave, now seems to be halting in its tracks the economy’s very strong bounce from its second-quarter collapse.

Economists are worried that the tepid recovery in the US job market could run out of steam this fall should coronavirus cases surge again just as federal stimulus money runs out.

Americans were starting to fall off the rolls of unemployment. But Thursday's claims report shows the drop-off hasn't just stalled out — the trend continues to reverse course.

Hospitals are buying up medical practices at a feverish pace. According to data from the American Hospital Association, the number of physicians employed by hospitals grew by 34 percent between 2000 and 2010, and the pace shows no signs of slackening. In reviewing its data for the past decade, a large physician recruiting firm found that in 2004 only 11 percent of physician searches were conducted by hospitals, but by 2013 that figure had risen to 63 percent.

More than 10 million working-age men are not working, and the majority of them are not looking for work, according to a congressional analysis of Labor Department statistics that provides context for the decreasing official unemployment rate. The number of men out of the labor force is higher than it has ever been since records began being kept in 1955.

The employment of the future is here, and it's terrific for everyone except the people doing the work. TaskRabbit, which lets you outsource the things you don't want to do to people who need money, is at the forefront of this chore revolution, and it's already making some lives harder.