US unemployment rate drops to 13.3% in May

courtneyk/iStockBy CATHERINE THORBECKE, ABC News (WASHINGTON) -- The U.S. unemployment rate fell to 13.3% in May, slightly below the April high of 14.7%, according to data released Friday by the U.S. Bureau of Labor Statistics.The U.S. economy added 2.5 million... Read More.

Nearly 1.9M US workers file jobless claims

courtneyk/iStockBy CATHERINE THORBECKE, ABC News (NEW YORK) -- Another 1.9 million Americans filed for unemployment insurance last week, the Department of Labor said Thursday. The coronavirus pandemic has pushed unemployment in the U.S. to its highest rate since the Great... Read More.