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

Mnuchin: Not Reopening Risks Irreversible Economic Damage
Mnuchin: Not Reopening Risks Irreversible Economic Damage
May 10, 2020  |  Economy

The U.S. still hasn’t seen its highest level of unemployment due to the global coronavirus pandemic, but the economy will turn around, Treasury Secretary Steven...

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As China’s Unemployment Rises, Consumer Spending Headwinds?
As China’s Unemployment Rises, Consumer Spending Headwinds?
May 08, 2020  |  International

You’d be forgiven for being preoccupied with headlines and news stories focused on surging U.S. employment. After all, we’re at levels not seen in decades...

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For SMBs, What Comes Next After The (Terrible) Unemployment Report?
For SMBs, What Comes Next After The (Terrible) Unemployment Report?
May 08, 2020  |  Economy

The number we’ll remember — 14.7 percent, the headline number for April U.S. unemployment — is the one we hope is a peak. But there are...

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Optimism Remains Despite Record Jobless Numbers
Optimism Remains Despite Record Jobless Numbers
May 08, 2020  |  Economy

Despite Friday’s (May 8) grim unemployment report, which revealed that the number of Americans who have lost their jobs has quadrupled since February, there is...

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Jobless Rate Hits 14.7 Pct; 20.5M Nonfarm Jobs Lost
Jobless Rate Hits 14.7 Pct; 20.5M Nonfarm Jobs Lost
May 08, 2020  |  Economy

The latest jobless report illustrates the devastation caused by COVID-19, as the U.S. Bureau of Labor Statistics released the worst unemployment numbers in the nation’s history....

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Unemployment Filings Top 3.1M Across US
Unemployment Filings Top 3.1M Across US
May 07, 2020  |  Economy

As the coronavirus pandemic continues to cripple the U.S. economy, another 3.169 million people filed for unemployment benefits in the week ending May 2. Total...

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Today In Payments: Investigators Question Wells Fargo Over PPP Loans; Visa Leads Latest Funding For FinTech Nium
Today In Payments: Investigators Question Wells Fargo Over PPP Loans; Visa Leads Latest Funding For...
May 06, 2020  |  News

In today’s top news, officials are investigating wells Fargo regarding its management of Paycheck Protection Program (PPP) loans, and Visa led the latest funding round...

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ADP’s Massive Job Loss Tally Underscores Main Street Lending Urgency
ADP’s Massive Job Loss Tally Underscores Main Street Lending Urgency
May 06, 2020  |  Economy

The pandemic has spared no one on Main Street – the fallout has touched everyone, from the smallest of storefronts to the largest of mid-sized...

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US Jobs Report Shows 11M Jobs Lost At SMBs
US Jobs Report Shows 11M Jobs Lost At SMBs
May 06, 2020  |  Economy

COVID-19 continues to take its toll on the nation’s workforce as the number of private-sector jobs fell by a record 20.2 million from March to...

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