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

Boston Fed Study Ties Kids to Consumption During Economic Downturns

Boston Fed Study Ties Kids to Consumption During Economic Downturns
Boston Fed Study Ties Kids to Consumption During Economic Downturns
December 06, 2022  |  Economy

Despite the holiday cheer, American consumers are growing increasingly anxious about the economy. It’s gotten to the point where even those consumers whose wages and...

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US Adds 261K Jobs in October, Lower Than the Year’s Monthly Average
US Adds 261K Jobs in October, Lower Than the Year’s Monthly Average
November 04, 2022  |  Retail

The U.S. economy added 261,000 non-farm jobs in October, below the average monthly job growth of 407,000 that has been recorded so far this year,...

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Softening September Job Gains Led by Healthcare, Hospitality
Softening September Job Gains Led by Healthcare, Hospitality
October 07, 2022  |  Economy

While overall job gains softened in September, non-farm employment rebounded to pre-pandemic levels from August, up 263,000 from 315,000, with the biggest gains in healthcare,...

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Study Shows Digital Engagement of US Consumers Linked to Employment Status
Study Shows Digital Engagement of US Consumers Linked to Employment Status
October 03, 2022  |  Connected Economy

A strong labor market is a hallmark of a healthy economy. Consumers who are gainfully employed have more freedom to spend and spree, driving commerce...

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US Adds 528K Jobs, Exceeds Expectations
US Adds 528K Jobs, Exceeds Expectations
August 05, 2022  |  Economy

The United States added 528,000 jobs last month, far exceeding forecasts of 250,000 and beating June’s upwardly revised 398,000, the Bureau of Labor Statistics (BLS)...

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Small Business Confidence Hits All-Time Low as Headwind Fatigue Sets In
Small Business Confidence Hits All-Time Low as Headwind Fatigue Sets In
July 13, 2022  |  SMBs

We learned how resilient small and medium-sized businesses (SMBs) were during the pandemic, but their optimism is waning right now as inflation and recessionary clouds...

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Business Services Posts Big Gains Amid Continuing Job Market Growth
Business Services Posts Big Gains Amid Continuing Job Market Growth
July 08, 2022  |  Economy

The professional and business services sector posted the biggest gains last month, adding 74,000 jobs to the overall 372,000 in new openings, while the unemployment...

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US Jobless Claims Remain Near Historic Low
US Jobless Claims Remain Near Historic Low
June 23, 2022  |  Economy

Unemployment claims fell last week, remaining near their record low level, an indication of a tight American labor market even amid the threat of a...

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