Employment remains below pre-pandemic levels, and as recently reopened businesses re-close, more job losses are on the way.
But the central bank is putting a stop to share buybacks and limiting bank dividends.
The U.S. unemployment rate fell to 13.3% in May, and 2.5 million jobs were added
Some have lost jobs since the April survey, others may not be counted as unemployed because they are not actively seeking work.
Our Marketplace-Edison Research Poll looks at how Americans are dealing with COVID-19.
With first-time jobless claims topping 30 million since mid-March, the Labor Department's April unemployment rate may under-count job loss.
Nearly one out of 10 people who had a job to go to before the pandemic don't have one now.
Today's jobs report breaks a more than 9-year streak of job gains.
Many companies are laying off workers. Weekly jobless claims will tell us how many people are now filing for state unemployment benefits.