unemployment benefits

IRS Says US Unemployment Comp Hit $405B During Pandemic
IRS Says US Unemployment Comp Hit $405B During Pandemic
November 20, 2022  |  Economy

Unemployment compensation in the U.S. jumped by 1,794% between 2019 and 2020 as Americans were hit by a wave of layoffs during the COVID-19 pandemic....

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Synchrony CEO Warns Of US Credit Card Default Crisis
Synchrony CEO Warns Of US Credit Card Default Crisis
July 27, 2020  |  Debt

Two leading executives in the store credit card industry said they are nervous that when the federal $600-a-week bump for recipients of state unemployment benefits...

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Data: Laid-Off Workers Eligible For More Jobless Benefits Than Wages
Data: Laid-Off Workers Eligible For More Jobless Benefits Than Wages
July 08, 2020  |  Economy

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...

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Another 1.5M Americans File For Unemployment As Pandemic’s Job Losses Top 44M
Another 1.5M Americans File For Unemployment As Pandemic’s Job Losses Top 44M
June 11, 2020  |  Economy

Another 1.5 million Americans applied for unemployment benefits over the past week, bringing the total jobs lost since the pandemic began to more than 44 million —...

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The (Unemployment) Check Is In the Mail, But The Wait Might Be Long
The (Unemployment) Check Is In the Mail, But The Wait Might Be Long
June 02, 2020  |  Digital Payments

The unemployment check is in the mail … or perhaps it’s even not on its way yet. Bloomberg reported on Tuesday (June 2) that a...

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