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

PYMNTS Intelligence: Leveraging Instant Payroll to Improve Employee Satisfaction
PYMNTS Intelligence: Leveraging Instant Payroll to Improve Employee Satisfaction
July 14, 2023  |  Digital Payments

The age of the biweekly pay period seems to be drawing to a close, with workers increasingly preferring to receive their wages as they earn...

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All Else Equal, 75% of Millennials Would Favor Jobs Offering Instant Payroll
All Else Equal, 75% of Millennials Would Favor Jobs Offering Instant Payroll
July 13, 2023  |  Digital Payments

Payroll is one of the most critical functions of any workplace, ensuring that employees are paid on time and in the correct amounts. Delaying these...

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June Jobs Gain Lowest Since December 2020
June Jobs Gain Lowest Since December 2020
July 07, 2023  |  Economy

The unemployment situation changed little in June as the United States added 209,000 jobs. The unemployment rate stood at 3.6% — within the 3.4% to 3.7% range...

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Data Shows Take-Home Pay Is Dropping and so Are Consumers’ Work Days
Data Shows Take-Home Pay Is Dropping and so Are Consumers’ Work Days
June 30, 2023  |  Economy

Three key government-released metrics may together explain why consumers’ financial struggles may be more significant now than in previous economic downturns. The most headline-garnering is...

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New US Unemployment Claims Dip to Lowest Level Since 2021
New US Unemployment Claims Dip to Lowest Level Since 2021
June 29, 2023  |  Economy

After three weeks of increases, America’s unemployment numbers are trending down. Figures released Thursday (June 29) by the U.S. Department of Labor showed initial unemployment...

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Unemployment Claims Hit Highest Level Since October 2021
Unemployment Claims Hit Highest Level Since October 2021
June 08, 2023  |  Economy

U.S. unemployment claims reached an almost two-year high last week amid ongoing layoffs. Figures released Thursday (June 8) by the Department of Labor showed initial...

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Layoffs Rise 20% in May Led by Technology and Retail
Layoffs Rise 20% in May Led by Technology and Retail
June 01, 2023  |  Economy

There were 80,089 job cuts announced by United States-based employers in May, with the technology sector being hardest hit. The total number of job cuts announced in...

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Unemployment Numbers Drop Sharply Following Fraudulent Claims
Unemployment Numbers Drop Sharply Following Fraudulent Claims
May 18, 2023  |  Economy

Unemployment claims plummeted following the revelation that fraudulent claims had driven up recent figures. The sharp drop in weekly claims reported Thursday (May 18) by the U.S....

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Report: Remote Work Persists as Unemployment Stays Low
Report: Remote Work Persists as Unemployment Stays Low
May 16, 2023  |  Economy

Don’t write any obituaries for the age of remote work just yet. A report Tuesday (May 16) by The Wall Street Journal finds that getting...

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