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

Deep Dive: How Tapping Instant Payments For Disbursements Can Help State, Federal Agencies Foster Financial Security
Deep Dive: How Tapping Instant Payments For Disbursements Can Help State, Federal Agencies Foster Financial...
December 17, 2020  |  Disbursements

Consumers in the U.S. are still reeling from the lasting financial impacts brought about by the first months of the pandemic. Sweeping unemployment, rising medical...

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Fed Expects GDP To End Year Slightly Higher; Predicts 4.2 Pct Growth In 2021
Fed Expects GDP To End Year Slightly Higher; Predicts 4.2 Pct Growth In 2021
December 16, 2020  |  Economy

The Federal Reserve has upped its expectations for the end-of-year forecast, now predicting that the real gross domestic product (GDP) will fall by only 2.4...

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How Government Agencies Can Find A Disbursement Method Middle Ground
How Government Agencies Can Find A Disbursement Method Middle Ground
December 16, 2020  |  Disbursements

"The check is in the mail" is little help to the one in three Americans who've faced a loss of income since the pandemic began,...

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Mastercard: Global Economic Outlook Depends On Multi-Speed Recovery
Mastercard: Global Economic Outlook Depends On Multi-Speed Recovery
December 14, 2020  |  Economy

In some ways, there was only one global story that mattered this year. The pandemic was the common element in every economic look back or...

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U.S. Initial Jobless Claims Rise To 853,000 Along With Increasing COVID-19 Cases
U.S. Initial Jobless Claims Rise To 853,000 Along With Increasing COVID-19 Cases
December 10, 2020  |  Economy

An increasing number of Americans were forced out of work as new coronavirus cases reached record-breaking levels. New jobless claims surged 137,000 over last week’s...

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JOLTS: Little Change In Job Openings, New Hires Amid Slowing Labor Market
JOLTS: Little Change In Job Openings, New Hires Amid Slowing Labor Market
December 09, 2020  |  Economy

The Job Openings and Labor Turnover Survey (JOLTS) indicates that the number of new job openings was largely unchanged at 6.7 million positions on Oct....

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Retroactive Jobless Payments A Sticking Point In Coronavirus Stimulus Talks
Retroactive Jobless Payments A Sticking Point In Coronavirus Stimulus Talks
December 07, 2020  |  Economy

Lawmakers on both sides of the aisle continue to haggle over what should be in the next coronavirus stimulus bill, with the question of whether...

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November Jobless Rate Falls To 6.7 Pct, But US Adds Disappointing 245,000 Nonfarm Jobs
November Jobless Rate Falls To 6.7 Pct, But US Adds Disappointing 245,000 Nonfarm Jobs
December 04, 2020  |  Economy

The U.S. Bureau of Labor Statistics reported on Friday (Dec. 4) that America added 245,000 nonfarm jobs in November — a continued improvement since the pandemic...

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Census Data: About A Third of Americans Expect Job Losses, Less Pay Or Evictions 
Census Data: About A Third of Americans Expect Job Losses, Less Pay Or Evictions 
December 03, 2020  |  Economy

Data from the Census Bureau’s latest survey indicates that about a third of Americans are anticipating further job loss, pay cuts and evictions due to...

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