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

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
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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Jobless Claims Slightly Dip To 712,000 As Coronavirus Cases Surge
Jobless Claims Slightly Dip To 712,000 As Coronavirus Cases Surge
December 03, 2020  |  Economy

Initial jobless claims for the week ending Nov. 28 dipped to 712,000, down 75,000 from the previous week’s revised level even as states renewed lockdown...

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ADP: Private Sector Jobs Up, But Short Of November Forecasts
ADP: Private Sector Jobs Up, But Short Of November Forecasts
December 02, 2020  |  Economy

Jobs in the private sector across all industries went up by a lower-than-expected 307,000 last month, missing forecasts of 410,000 by economists and below October’s...

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GAO: Labor Department’s Weekly Unemployment Numbers ‘Flawed’
GAO: Labor Department’s Weekly Unemployment Numbers ‘Flawed’
November 30, 2020  |  Economy

Unemployment figures released by the U.S. Department of Labor (DOL) have been inaccurate and payments have been too low for some recipients, according to a...

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Study: New COVID Restrictions Could Permanently Close A Third Of US Restaurants
Study: New COVID Restrictions Could Permanently Close A Third Of US Restaurants
November 29, 2020  |  Economy

Some U.S. chefs and industry advocates fear new rules to stem the spread of COVID-19 could be the final straw, the Financial Times (FT) reported....

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Household Income Down But Consumer Spending Up For Sixth Consecutive Month
Household Income Down But Consumer Spending Up For Sixth Consecutive Month
November 25, 2020  |  Economy

Consumer spending in the U.S. rose 0.5 percent in October while household income declined 0.7 percent, according to a report released by the Bureau of Economic Analysis...

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Jobless Claims Up With Another 778K People Filing For Unemployment
Jobless Claims Up With Another 778K People Filing For Unemployment
November 25, 2020  |  Economy

New jobless claims were up 778,000 for the week ending Nov. 21, an increase of 30,000 over the previous week, which was revised up by 6,000...

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Weekly U.S. Jobless Claims Rise Slightly To 742,000 Even As Many Face Losing Benefits
Weekly U.S. Jobless Claims Rise Slightly To 742,000 Even As Many Face Losing Benefits
November 19, 2020  |  Economy

New jobless claims ticked upwards last week, with 742,000 people filing for benefits while COVID-19 cases continued to accelerate in the U.S.   Get the Full...

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