New jobless claims see unexpected rise, surpassing pre-COVID record

Initial jobless claims for the week ending March 27 rose to 719,000, a number that surpassed the pre-coronavirus record, just one week after filings hit a pandemic low. Continue reading

Employment falls for first time in a decade, full picture yet to emerge

The real estate sector lost 3,400 jobs in the first two weeks of March. The numbers don’t reflect 10 million claims filed over the past two weeks. Continue reading