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: Economy Will Come ‘Roaring Back’
Mnuchin: Economy Will Come ‘Roaring Back’
March 18, 2020  |  Economy

U.S. Treasury Secretary Steven Mnuchin said on Wednesday (March 18) that the country won’t see Depression-like unemployment levels, walking back his previously reported comments that...

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Treasury Secretary Warns Of Depression-Like Unemployment Levels
Treasury Secretary Warns Of Depression-Like Unemployment Levels
March 18, 2020  |  Coronavirus

Treasury Secretary Steven Mnuchin said the U.S. unemployment rate could soar to 20 percent if Congress fails to pass a $1 trillion coronavirus stimulus package,...

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Today In Payments: COVID-19 Restrictions Put Half Of US Jobs At Risk; Finablr On Verge Of Collapse
Today In Payments: COVID-19 Restrictions Put Half Of US Jobs At Risk; Finablr On Verge...
March 17, 2020  |  News

In today’s top news, experts say 50 percent of people could lose their jobs due to current restrictions in place to prevent the spread of...

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COVID-19 Restrictions Put Half Of US Jobs At Risk
COVID-19 Restrictions Put Half Of US Jobs At Risk
March 17, 2020  |  Coronavirus

As the U.S. hunkers down indoors to control the spread of the coronavirus, people are starting to fret about their jobs, with experts saying some...

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Coronavirus Triggers Historic Crumbling Of China’s Economy
Coronavirus Triggers Historic Crumbling Of China’s Economy
March 16, 2020  |  Coronavirus

Economic damage in China is worse than anticipated — factory production experienced its fastest downward spiral in 30 years, according to the National Bureau of Statistics...

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US Created 273K Jobs in Feb. Despite Coronavirus Fears
US Created 273K Jobs in Feb. Despite Coronavirus Fears
March 06, 2020  |  Economy

The U.S. economy created a hefty 273,000 nonfarm jobs in February and the unemployment rate fell to 3.5 percent from January’s 3.6 percent, as the...

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Job Growth Continues For Tenth Consecutive Year
Job Growth Continues For Tenth Consecutive Year
January 10, 2020  |  Economy

The U.S. economy continues its upward trajectory with 145,000 jobs added in December. This makes for a decade of steady payroll growth, which is the...

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Unemployment Claims Fell 13K Week Before Holiday
Unemployment Claims Fell 13K Week Before Holiday
December 26, 2019  |  Economy

The number of people in the U.S. who are filing for unemployment continues to fall, according to a report by Reuters. For the week ending...

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NJ: Uber Owes $650M In Taxes After Misclassifying Drivers
NJ: Uber Owes $650M In Taxes After Misclassifying Drivers
November 15, 2019  |  Taxes

New Jersey’s Department of Labor and Workforce Development claims that Uber owes the state around $650 million in unemployment and disability insurance taxes because it...

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