Tens of thousands of U.S. medical workers are suddenly out of work as casualties of measures to prioritize coronavirus patients at hospitals and of the economic troubles the crisis is creating.

Stocks fell Friday following the latest grim reading of the coronavirus outbreak’s economic toll

With coronavirus deaths surging in New York, the governor announced Friday he will use his authority to seize ventilators and protective gear from private hospitals and companies that aren’t using them, complaining that states are competing against each other for vital equipment in eBay-like bidding wars. “If they want to sue me for borrowing their excess ventilators to save...

6.6 million people applied for unemployment benefits last week shattering the previous record of 3.3 million from the week before.

The biggest U.S. mall owner, Simon Property Group, has furloughed about 30% of its workforce, CNBC has learned, as the company copes with all of its properties being temporarily shut because of the coronavirus pandemic. The furloughs impact full- and part-time workers, at its Indianapolis headquarters and at its malls and outlet centers across the U.S., a person familiar with the situation...

If you find yourself out of a job due the coronavirus crisis, money may be tight, but it’s especially important now to try to make sure you have health insurance. There are different rules that apply when it comes to maintaining health coverage, depending on whether you’re furloughed — let go temporarily — or you’re terminated through a layoff....

Millions of Americans already have lost their jobs due to the coronavirus crisis and the worst of the damage is yet to come, according to a Federal Reserve estimate. Economists at the Fed’s St. Louis district project total employment reductions of 47 million, which would translate to a 32.1% unemployment rate, according to a recent analysis of how bad things…

Nearly 3.3 million Americans applied for unemployment benefits last week — almost five times the previous record set in 1982 — amid a widespread economic shutdown caused by the coronavirus. The surge in weekly applications was a stunning reflection of the damage the viral outbreak is inflicting on the economy. Filings for unemployment aid generally reflect the pace of layoffs….

Nearly 3.3. million Americans filed jobless claims last week, a dire snapshot of just how quickly the coronavirus pandemic has devastated the nation’s businesses and workers.

New unemployment benefit claims are rising to levels unseen in recent U.S. history as a result of coronavirus concerns

When the damage the coronavirus inflicts on the U.S. jobs market becomes clearer, it could be unlike anything the country has ever seen. Judging by numerous forecasts from economists, the avalanche of furloughs will easily break the record for most in a single month. Upcoming weekly jobless claims will shatter the standards set even during the worst points of...

Applications for jobless benefits are surging in some states as coronavirus concerns shake the U.S. economy

The U.S. Department of Labor says jobless claims spiked to 281,000 last week after companies began layoffs to deal with issues stemming from the coronavirus pandemic.