People are quitting their jobs in record numbers, led by the restaurant, bar and retail sectors, according to the Tuesday (Oct. 12) Job Openings and Labor Turnover Survey (JOLTS) report by the Bureau of Labor Statistics. The U.S. Labor Department said 4.3 million people quit...
In some ways, there was only one global story that mattered this year. The pandemic was the common element in every economic look back or for that matter, any look forward. But regardless of what country is being discussed, there were some common themes this...
“Worst quarter ever.” It sounds like a bit of hyperbole, but that’s an accurate description of the quarter that started in March and ended in June as COVID-19 was raging. Figures out Thursday from the Bureau of Economic Analysis showed that the U.S. economy contracted by...
St. Louis Federal Reserve President James Bullard put in a vote of confidence for the U.S. economy on Wednesday (July 8), saying that the unemployment rate could fall as low as 7 percent by the end of 2020, according to CNBC. The unemployment rate is...
December 14, 2020
In some ways, there was only one global story that mattered this year. The pandemic was the common element in every economic look back or for that matter, any look forward. But regardless of what country is being discussed, there were some common themes this year within the pandemic. That theme has been called the […]
May 27, 2022
Fraudsters bilked about $163 billion from the unemployment system during the COVID-19 pandemic, according to the semiannual report to Congress by the Office of Inspector General for the U.S. Department of Labor covering the six months between Oct. 1, 2021, and March 31, 2022. The estimate came from the Employment and Training Administration, which estimated […]
October 12, 2021
People are quitting their jobs in record numbers, led by the restaurant, bar and retail sectors, according to the Tuesday (Oct. 12) Job Openings and Labor Turnover Survey (JOLTS) report...
July 09, 2020
St. Louis Federal Reserve President James Bullard put in a vote of confidence for the U.S. economy on Wednesday (July 8), saying that the unemployment rate could fall as low...
July 08, 2020
According to a recent National Bureau of Economic Research (NBER) survey, two-thirds of unemployed workers in the U.S. after the CARES Act could have received compensation that was better than...
