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

Jobless Claims Fall, But SMBs (And Jobs) Still Walk A Pandemic Tightrope
Jobless Claims Fall, But SMBs (And Jobs) Still Walk A Pandemic Tightrope
September 03, 2020  |  Economy

Trend — or more tightrope walking? The latest data on weekly jobless claims show a bit of improvement, but we’re not out of the woods...

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US Weekly Jobless Claims Drop To 881,000, Lowest Level Since Pre-Pandemic
US Weekly Jobless Claims Drop To 881,000, Lowest Level Since Pre-Pandemic
September 03, 2020  |  Economy

The number of Americans who filed for jobless claims fell to its the lowest number since the pandemic began in March, better than analysts’ expectations,...

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Hilton To Permanently Close Its Hotel In New York City’s Times Square
Hilton To Permanently Close Its Hotel In New York City’s Times Square
September 03, 2020  |  Economy

The Hilton Times Square is the latest victim of the coronavirus pandemic. In a filing with New York’s State Department of Labor, the managing director...

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Today In Payments: Walmart Debts $12.95 Membership, SEC Eyes Probe of Robinhood
Today In Payments: Walmart Debts $12.95 Membership, SEC Eyes Probe of Robinhood
September 01, 2020  |  News

In today’s top news, Walmart debuts its membership program, Walmart+, and the U.S. Securities and Exchange Commission (SEC) is eying a probe of Robinhood over...

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India’s GDP Shrinks 24 Pct In Second Quarter
India’s GDP Shrinks 24 Pct In Second Quarter
August 31, 2020  |  International

India’s gross domestic product (GDP) fell by 24 percent in the second quarter (Q2) as the pandemic took its toll on the nation’s economy, according...

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Consumer Spending: Running Dry …. Or Dry Powder?
Consumer Spending: Running Dry …. Or Dry Powder?
August 28, 2020  |  Consumer Finance

The consumer spending slowdown was due to happen, following the burst of activity and demand that had been hemmed in by the coronavirus. With a...

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U.S. Jobless Claims Exceed 1M Again, Number Down From Previous Week
U.S. Jobless Claims Exceed 1M Again, Number Down From Previous Week
August 27, 2020  |  Economy

The number of Americans who filed for jobless claims exceeded 1 million last week, but it was down slightly compared to the previous week, the...

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Republicans Ready A More Modest Stimulus Bill
Republicans Ready A More Modest Stimulus Bill
August 26, 2020  |  Economy

Republican lawmakers are aiming to release a narrower pandemic stimulus bill as soon as this week, CNBC reported. The GOP is considering a $500 billion...

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Consumer Switch To eCommerce Prompts UK Retailers To Slash Jobs
Consumer Switch To eCommerce Prompts UK Retailers To Slash Jobs
August 25, 2020  |  Economy

Retail employment in the U.K. has dropped 45 percent since May in the sharpest fall it has taken since the 2009 recession, the Confederation of...

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