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

Extension Of Unemployment Benefits Could Run Out In Weeks, Report Finds
Extension Of Unemployment Benefits Could Run Out In Weeks, Report Finds
August 12, 2020  |  Economy

An additional $400 a week in jobless benefits extended by President Donald Trump through an executive order may run out much sooner than anticipated, a...

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Companies See COVID-19 Furloughs Becoming Permanent
Companies See COVID-19 Furloughs Becoming Permanent
August 11, 2020  |  Economy

Some big companies that trimmed payrolls in recent months as what were billed at the time as emergency responses to COVID-19 are making the job...

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Execs Vow To Hire 100K Low-Income Minorities By 2030
Execs Vow To Hire 100K Low-Income Minorities By 2030
August 11, 2020  |  Personnel

The top executives of more than two dozen high profile companies have pledged to hire 100,000 people from New York’s minority communities by 2030. CNBC...

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US Spent $250B On Weekly Jobless Aid
US Spent $250B On Weekly Jobless Aid
August 10, 2020  |  Economy

The extra unemployment aid, totaling $600 a week for everyone who successfully filed for benefits, cost the federal government a total of $250 billion, The...

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US Unemployment Rate Drops To 10.2 Pct
US Unemployment Rate Drops To 10.2 Pct
August 07, 2020  |  Economy

The nation’s economy added 1.8 million jobs in July, slightly better than analysts’ expectations, while the unemployment rate fell to 10.2 percent, the U.S. Labor...

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Study: California Sees More Than Half Of Unemployment Applicants A Second Time
Study: California Sees More Than Half Of Unemployment Applicants A Second Time
August 06, 2020  |  Economy

Evidence of the U.S. economic recovery’s unpredictability in the wake of the coronavirus pandemic is on display in California. More than half, or 57 percent of the...

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US Jobless Claims Fall To 1.2M In Latest Week, But Top 55M Since Pandemic Began
US Jobless Claims Fall To 1.2M In Latest Week, But Top 55M Since Pandemic Began
August 06, 2020  |  Economy

The number of Americans who filed for unemployment benefits fell last week after two consecutive weeks of increases, the U.S. Department of Labor (DOL) reported...

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Poll: Almost Half Of Those Laid Off Doubt Jobs Will Return
Poll: Almost Half Of Those Laid Off Doubt Jobs Will Return
August 03, 2020  |  Economy

Almost half of furloughed workers in the U.S. don’t believe their jobs are coming back, according to a report from CNBC citing a poll from...

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Consumers Use Stimulus Money To Pay Down Credit Card Debt
Consumers Use Stimulus Money To Pay Down Credit Card Debt
August 02, 2020  |  Debt

With one in five workers collecting jobless benefits thanks to the pandemic, banks braced for increased credit card debt and delinquencies as families struggled to...

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