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

Goldman Sachs: Unemployment Could Remain High For Next 2 Years
Goldman Sachs: Unemployment Could Remain High For Next 2 Years
May 27, 2020  |  Economy

High unemployment could remain a constant for the next two years as people struggle to find jobs, according to Goldman Sachs. The numbers could remain...

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Related Co Chair: Many SMB Retail, Restaurants ‘Don’t Have The Wherewithal To Reopen’
Related Co Chair: Many SMB Retail, Restaurants ‘Don’t Have The Wherewithal To Reopen’
May 27, 2020  |  Retail

Stephen Ross, chairman of Related Cos., said bankruptcy could be the future for many retailers as the effects of the pandemic continue to play out....

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Uber, Lyft Drivers File Unemployment Lawsuit In NY
Uber, Lyft Drivers File Unemployment Lawsuit In NY
May 26, 2020  |  Legal

Four Uber and Lyft drivers are suing the state of New York over what they say is a failure to pay their unemployment during the...

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US Economy Shows Signs Of Restart As Shutdowns End
US Economy Shows Signs Of Restart As Shutdowns End
May 26, 2020  |  Economy

Economists are beginning to forecast that the worst damage of the coronavirus pandemic is over, according to The Wall Street Journal on Monday (May 25),...

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A Month Into Reopening And Georgia Jobs Have Yet To Return
A Month Into Reopening And Georgia Jobs Have Yet To Return
May 25, 2020  |  Economy

Two out of five people in Georgia — 40.3 percent of its workforce — have filed for unemployment since the state reopened its economy on...

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JPMorgan Chase Forecasts Minimum 10 Pct Unemployment Up To Q1 2021
JPMorgan Chase Forecasts Minimum 10 Pct Unemployment Up To Q1 2021
May 22, 2020  |  Economy

As they lowered their 2021 growth outlook and forecast an unemployment rate at 10 percent at a minimum through the first quarter of that year,...

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Data Breaches Impact Unemployment Benefit Applicants In Four States
Data Breaches Impact Unemployment Benefit Applicants In Four States
May 22, 2020  |  Security & Fraud

Unemployed workers in at least four states who are coping with layoffs from the impact of the coronavirus now have another worry, NBC News reported....

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China Drops GDP Target Due To Economic Instability
China Drops GDP Target Due To Economic Instability
May 22, 2020  |  International

The world’s second-largest economy is opting not to set any economic growth forecasts due to the continued economic uncertainty triggered by the global coronavirus pandemic....

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New U.S. Unemployment Claims Add Another 2.4M As Pandemic’s Total Job Losses Near 39M
New U.S. Unemployment Claims Add Another 2.4M As Pandemic’s Total Job Losses Near 39M
May 21, 2020  |  Economy

The number of workers who filed jobless claims fell slightly again last week, but the coronavirus crisis has put 38.6 million Americans on unemployment insurance...

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