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

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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US Jobless Claims Rise Along With Labor Costs
US Jobless Claims Rise Along With Labor Costs
May 04, 2023  |  Economy

U.S. unemployment claims climbed last week — as did the cost of labor — as productivity fell. That’s according to government data released Thursday (May...

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McDonald’s Lays off Hundreds of Corporate Employees Amid Restructuring
McDonald’s Lays off Hundreds of Corporate Employees Amid Restructuring
April 07, 2023  |  Personnel

A weeklong, multipart series of layoffs and other changes reportedly impacted hundreds of McDonald’s employees. As part of its restructuring, the quick-service restaurant (QSR) chain...

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Lingering Pandemic-Related Trends Contribute to Labor Shortage
Lingering Pandemic-Related Trends Contribute to Labor Shortage
April 05, 2023  |  Economy

Americans are still working less than they did before the pandemic. The percentage of Americans working remains a percentage point lower than it was in...

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