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

New Unemployment Claims Down 48K To 709K

New Unemployment Claims Down 48K To 709K
New Unemployment Claims Down 48K To 709K
November 12, 2020  |  Economy

Another 709,000 Americans filed for first-time unemployment benefits the week ending Nov. 7, a decrease of 48,000 over the prior week. Get the Full Story...

READ MORE >
Unemployment Drops To 6.9 Pct As Economy Adds 638K Jobs
Unemployment Drops To 6.9 Pct As Economy Adds 638K Jobs
November 06, 2020  |  Economy

The nation’s unemployment rate continued to drop in October, falling to 6.9 percent as employment rose by 638,000. In September, the unemployment rate was 7.9...

READ MORE >
US Jobless Claims Down Slightly Despite COVID Uptick
US Jobless Claims Down Slightly Despite COVID Uptick
November 05, 2020  |  Economy

In the week ending Oct. 31 jobless claims were 751,000, dropping 7,000 from the previous week’s revised level, the U.S. Department of Labor (DOL) reported...

READ MORE >
US Jobless Claims Hit Lowest Level Since Pandemic Began
US Jobless Claims Hit Lowest Level Since Pandemic Began
October 29, 2020  |  Economy

Seasonally adjusted initial unemployment claims dipped to 751,000 the week ending Oct. 24, some 40,000 lower than the previous week’s revised levels, according to the...

READ MORE >
California Freezes Unemployment Debit Cards Over Purported Fraud 
California Freezes Unemployment Debit Cards Over Purported Fraud 
October 26, 2020  |  Fraud Attack

California officials have frozen about 350,000 unemployment debit cards over purported fraud, according to an AP report on Monday (Oct. 26). Get the Full Story...

READ MORE >
Uber, Lyft Lose AB5 Appeal In California
Uber, Lyft Lose AB5 Appeal In California
October 23, 2020  |  Ridesharing

Silicon Valley rideshare giants Uber and Lyft must abide by a California Court of Appeals’ decision that they can no longer classify their drivers as...

READ MORE >
Initial Jobless Claims Fall to 787,000
Initial Jobless Claims Fall to 787,000
October 22, 2020  |  Economy

U.S. initial claims for unemployment insurance fell in the week ended Oct. 17 to, declining 55,000 from the week prior to hit a seasonally adjusted...

READ MORE >
HSBC To Eliminate As Many As 300 UK Commercial Banking Jobs
HSBC To Eliminate As Many As 300 UK Commercial Banking Jobs
October 21, 2020  |  Personnel

HSBC will be restructuring its commercial banking business in Britain which will result in 300 job cuts, according to Reuters. Get the Full Story Complete...

READ MORE >
Lower US Jobless Rate Hides Those Who Quit Looking For A Job, Data Shows
Lower US Jobless Rate Hides Those Who Quit Looking For A Job, Data Shows
October 21, 2020  |  Economy

Many unemployed U.S. workers simply gave up trying to find work in September after months of the coronavirus pandemic and ensuing recession, the Wall Street...

READ MORE >