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

White House Nixes Unemployment Benefits Extension
White House Nixes Unemployment Benefits Extension
July 20, 2020  |  Economy

The President Donald Trump administration has shot down propositions to continue the $600-a-week jobless benefits that have buoyed Americans as unemployment reached record highs due...

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Retail Recovery Veils Serious Headwinds
Retail Recovery Veils Serious Headwinds
July 17, 2020  |  Retail

Despite some positive key performance indicators delivered this week, the U.S. retail and economic recovery is still facing serious headwinds. The positive news came in...

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Weekly US Jobless Claims Again Exceed 1M
Weekly US Jobless Claims Again Exceed 1M
July 16, 2020  |  Economy

For the 17th consecutive week, the number of Americans who filed for unemployment benefits exceeded 1 million. The U.S. Department of Labor (DOL) reported Thursday...

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Fed’s Brainard: Economic Recovery So Far Could Be Temporary
Fed’s Brainard: Economic Recovery So Far Could Be Temporary
July 14, 2020  |  Economy

Federal Reserve Governor Lael Brainard said the road to recovery for the U.S. economy won’t be an easy one, according to The Wall Street Journal...

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Economists Say 68 Pct Of Unemployed Workers Collected More Than Their Regular Wages
Economists Say 68 Pct Of Unemployed Workers Collected More Than Their Regular Wages
July 12, 2020  |  Economy

In three weeks, the $600 federal jobless benefit that has been added to the state’s unemployment checks will end. These payments have put $18 billion...

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Another 1.3M Americans File Jobless Claims; COVID-Related Total Now Stands At 49M+
Another 1.3M Americans File Jobless Claims; COVID-Related Total Now Stands At 49M+
July 09, 2020  |  Economy

The U.S. Labor Department (DOL) reported Thursday (July 9) that another 1,314,000 American filed initial claims for jobless benefits last week, bringing the total number...

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Data: Laid-Off Workers Eligible For More Jobless Benefits Than Wages
Data: Laid-Off Workers Eligible For More Jobless Benefits Than Wages
July 08, 2020  |  Economy

According to a recent National Bureau of Economic Research (NBER) survey, two-thirds of unemployed workers in the U.S. after the CARES Act could have received...

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Rocky Road Confronts Digital (And Hesitant) Consumer For Rest Of 2020
Rocky Road Confronts Digital (And Hesitant) Consumer For Rest Of 2020
July 08, 2020  |  Economy

For the digital consumer — for the U.S. economy — a recovery is in the cards, yes. But it will take a while. Much longer...

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COVID-19 Benefits Aid Nontraditional Workers
COVID-19 Benefits Aid Nontraditional Workers
July 07, 2020  |  Economy

The COVID-19 economic crisis seems to be exposing gaping holes in the U.S safety net. A case in point: some 12.9 million Americans are collecting...

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