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

Gig Workers Unemployment Benefits A Question Mark
Gig Workers Unemployment Benefits A Question Mark
April 02, 2020  |  Gig Economy

Gig economy workers, despite being included in the federal stimulus for economic recovery from the coronavirus, now face uncertainty over how they’ll get any of...

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CBO Expects GDP To Fall 7 Pct. In Q2
CBO Expects GDP To Fall 7 Pct. In Q2
April 02, 2020  |  Coronavirus

The Congressional Budget Office (CBO) is anticipating a grim second quarter this year as the economy sputters amid coronavirus-related layoffs and business closures, CBO director...

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‘Mom-and-Pop’ Landlords Lack Cash, Credit To Cover Unpaid Rents
‘Mom-and-Pop’ Landlords Lack Cash, Credit To Cover Unpaid Rents
April 02, 2020  |  Coronavirus

As millions of people lose paychecks amid the coronavirus pandemic, some 48 million renters have missed their April 1 payments, causing financial trouble for mom-and-pop...

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Today In Payments: Apple Eases Streaming App Commissions; Softbank Abandons WeWork Deal
Today In Payments: Apple Eases Streaming App Commissions; Softbank Abandons WeWork Deal
April 02, 2020  |  News

In today’s top news, Apple will end its practice of taking a commission from streaming platforms operating on its devices, and Softbank pulled out of...

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Can Stimulus Funds Battle Back The Main Street Cash Crunch?
Can Stimulus Funds Battle Back The Main Street Cash Crunch?
April 02, 2020  |  Economy

By the numbers the news is not bright this week — pretty much no matter where one looks as the coronavirus pandemic continues. Unemployment filings have...

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Unemployment Data Shows Darkening Coronavirus Clouds For SMBs
Unemployment Data Shows Darkening Coronavirus Clouds For SMBs
April 02, 2020  |  Economy

These are the kinds of records that no one wants to see broken. And yet, as the coronavirus pandemic keeps decimating businesses, particularly smaller ones,...

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US Jobless Claims Hit Record 6.6M Amid COVID-19 Pandemic
US Jobless Claims Hit Record 6.6M Amid COVID-19 Pandemic
April 02, 2020  |  Economy

In another sign that the nation’s economy is suffering amid the COVID-19 pandemic, the number of new jobless claims reached record levels last week, double...

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Boston Fed Chief Rosengren Expects Jobless Rate To ‘Rise Dramatically’
Boston Fed Chief Rosengren Expects Jobless Rate To ‘Rise Dramatically’
April 01, 2020  |  Economy

Boston Federal Reserve President Eric Rosengren said on Wednesday (April 1) that despite the best efforts of politicians and central bankers to contain COVID-19’s economic...

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Survey: 46 Pct Of Americans Are At High Risk Of Layoffs
Survey: 46 Pct Of Americans Are At High Risk Of Layoffs
April 01, 2020  |  Coronavirus

More than 66 million jobs across fields such as retail, food service and sales are at a high risk of layoffs because of the coronavirus‘...

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