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

Employers Add 467K Jobs Despite Omicron’s Shadow

Employers Add 467K Jobs Despite Omicron’s Shadow
Employers Add 467K Jobs Despite Omicron’s Shadow
February 04, 2022  |  Economy

Economists and analysts preparing for a gloomy jobs report got a surprise when payroll employment rose by 467,000 in January, and the unemployment rate was...

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Key US Delivery Hub Suffering Labor Shortage
Key US Delivery Hub Suffering Labor Shortage
December 22, 2021  |  Economy

Louisville, Kentucky — which was a major delivery hub for U.S. carriers even before the COVID-19 pandemic turbo-charged online shopping — is suffering a severe...

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New Jobless Claims Beat Forecasts, Hit 52-Year Low
New Jobless Claims Beat Forecasts, Hit 52-Year Low
December 09, 2021  |  Economy

Initial unemployment filings fell to 184,000 in the week ended Dec. 4, a decrease of 43,000 from the prior week’s upwardly revised level. This is...

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Payroll Growth Slowed in November as Omicron Threat Looms
Payroll Growth Slowed in November as Omicron Threat Looms
December 03, 2021  |  Economy

Job growth slowed in November, posting the smallest increase this year with 210,000 jobs added after October’s upwardly revised 546,000 new positions, the Bureau of...

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US Jobless Claims Drop 71K to 199K
US Jobless Claims Drop 71K to 199K
November 24, 2021  |  Economy

U.S. jobless claims fell to their lowest level in 52 years, dropping to 199,000 for the week ending Nov. 20, the Labor Department announced Wednesday...

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US Adds 531K New Jobs as Unemployment Drops 4.6%
US Adds 531K New Jobs as Unemployment Drops 4.6%
November 05, 2021  |  Economy

Hiring bounced back last month, with the Friday (Nov. 5) Employment Situation Report from the Bureau of Labor Statistics showing 531,000 new jobs added, beating the...

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New Jobless Claims Drop for the First Time in 4 Weeks
New Jobless Claims Drop for the First Time in 4 Weeks
October 07, 2021  |  Economy

New jobless claims for the week ending Oct. 2 dropped 38,000 to 326,000 compared to the previous week’s level of 364,000, according to the Thursday...

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New Jobless Claims Up for Third Consecutive Week
New Jobless Claims Up for Third Consecutive Week
September 30, 2021  |  Economy

The number of new jobless claims inched up again for the third week in a row, hitting 362,000 for the week ending Sept. 25, up...

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