Jobs and No Jobs in June of 2026, and Beyond
The Unemployment Report from the National Jobs for All Network for June 2026
Seven banks were taken over by the FDIC on Thursday, six of them based in Illinois. A total of 52 banks have failed so far in 2009, an average of 2 each week.
Today's bank failures cost the FDIC over $300 million.
According to a report in February, up to 1,000 banks may fail in the next 3-5 years.