unemployment

Unemployment occurs when a person who is actively searching for employment is unable to find work. Unemployment Insurance is a joint state-federal program that provides cash benefits to eligible workers. The benefits partially replace wages to help unemployed workers meet their financial obligations while looking for work.

Source: usa.gov

December Jobs Report Shows Concerning Trend For SMBs
December Jobs Report Shows Concerning Trend For SMBs
January 08, 2021  |  Economy

Blip? Or the start of a troubling trend? On Friday (Jan 8), we saw a disruption in efforts by U.S. businesses to create jobs, months...

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NRF Economist: Expect ‘Meaningful Recovery’ And Sub-6 Pct Jobless Rate This Year 
NRF Economist: Expect ‘Meaningful Recovery’ And Sub-6 Pct Jobless Rate This Year 
January 08, 2021  |  Retail

The U.S. economy should see a “meaningful economy recovery” in 2021 as vaccines battle the pandemic and fresh government stimulus kicks in, according to Chief...

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US Nonfarm Jobs Fell In December By 140,000; Hospitality Posts Big Losses
US Nonfarm Jobs Fell In December By 140,000; Hospitality Posts Big Losses
January 08, 2021  |  Economy

The U.S. Bureau of Labor Statistics reported on Friday (Jan. 8) that the country lost 140,000 nonfarm jobs in December — putting an end to...

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Initial Jobless Claims Dip Slightly To 787K
Initial Jobless Claims Dip Slightly To 787K
January 07, 2021  |  Economy

Initial jobless claims for the week that ended Jan. 2 dropped 3,000 from the previous week’s revised level, for a total of 787,000, according to...

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ADP Report: 123K Private-Sector Jobs Lost Nov-Dec
ADP Report: 123K Private-Sector Jobs Lost Nov-Dec
January 06, 2021  |  Economy

Some 123,000 jobs were lost in the private sector November to December, according to the ADP National Employment Report for December, which was produced by...

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Pandemic Hackers Swiped $36 Billion From Unemployment Coffers
Pandemic Hackers Swiped $36 Billion From Unemployment Coffers
January 05, 2021  |  Security & Fraud

Federal and state governments are cracking down on unemployment after an estimated $36 billion was swiped, most of it relating to Pandemic Unemployment Assistance (PUA),...

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No Lapses Seen For Unemployment Benefits, Despite Congressional Delays
No Lapses Seen For Unemployment Benefits, Despite Congressional Delays
December 29, 2020  |  Economy

The U.S. Department of Labor (DOL) said it doesn’t anticipate any lapses in unemployment benefits, despite repeated delays by Congress in passing COVID-19 economic relief...

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New US Jobless Claims Slightly Down To 803,000
New US Jobless Claims Slightly Down To 803,000
December 23, 2020  |  Economy

Jobless claims are slightly down for the week ending Saturday (Dec. 19), with 803,000 initial claims, a decrease of 89,000 from the previous week’s revised...

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Jobless Claims Top Forecasts, Increasing To 885K
Jobless Claims Top Forecasts, Increasing To 885K
December 17, 2020  |  Economy

Initial jobless claims for the week that ended Dec. 12 were up 23,000, hitting a high of 885,000 versus 853,000 expected, the U.S Department of...

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