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

Jobless Claims Below 800,000 For Fourth Consecutive Week

Jobless Claims Below 800,000 For Fourth Consecutive Week
Jobless Claims Below 800,000 For Fourth Consecutive Week
March 18, 2021  |  Economy

Spring weather, loosening COVID-19 restrictions and a fresh round of stimulus helped keep new jobless claims below 800,000 for the fourth week in a row,...

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Chinese Post-Pandemic Economy Continues Rebounding
Chinese Post-Pandemic Economy Continues Rebounding
March 15, 2021  |  Cross-border Payments

China’s post-pandemic economy is showing signs of dramatic recovery for the first two months of this year, with key indicators up after a full year...

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New Unemployment Claims Drop For Third Consecutive Week
New Unemployment Claims Drop For Third Consecutive Week
March 11, 2021  |  Economy

New jobless claims dropped to new lows for the third consecutive week as coronavirus cases continue falling and vaccine rollout gains momentum. Get the Full...

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Senate Stamps COVID Relief; House To Vote On Tuesday
Senate Stamps COVID Relief; House To Vote On Tuesday
March 07, 2021  |  Economy

The Senate has passed the $1.9 trillion coronavirus aid bill touted by President Joe Biden, and it will now go back to the House, where...

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COVID-19 Relief: Senate Dems Trim Unemployment, Reject Minimum Wage Hike
COVID-19 Relief: Senate Dems Trim Unemployment, Reject Minimum Wage Hike
March 05, 2021  |  Economy

Senate Democrats agreed to reel in jobless benefits and back off from a minimum wage hike in the $1.9 trillion COVID-19 pandemic relief package, The...

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New Unemployment Claims Up Slightly Over Previous Week
New Unemployment Claims Up Slightly Over Previous Week
March 04, 2021  |  Economy

New jobless claims for the week ending Feb. 27 came in at 745,000, up from last week’s revised level of 736,000, according to the Thursday...

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EU May Face Recession As Employment, Retail Numbers Stay Weak
EU May Face Recession As Employment, Retail Numbers Stay Weak
March 02, 2021  |  Europe

The eurozone, facing high unemployment rates in an attempt to keep the pandemic contained, has economists convinced a double-dip economic recession is coming, the Financial...

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Jobless Claims Drop Below 800,000
Jobless Claims Drop Below 800,000
February 25, 2021  |  Economy

New jobless claims dropped below 800,000 for the first time during the pandemic, and although numbers are still way above normal levels, they are better...

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