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)

Healthcare, Leisure and Hospitality Lead Job Gains in August
Healthcare, Leisure and Hospitality Lead Job Gains in August
September 01, 2023  |  Economy

The U.S. economy added 187,000 jobs in August, with the healthcare and the leisure and hospitality sectors leading the way. The number of jobs added during the...

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Job Growth in U.S. Moves from ‘Exceptional’ to ‘Sustainable’
Job Growth in U.S. Moves from ‘Exceptional’ to ‘Sustainable’
August 30, 2023  |  Economy

American employers added fewer jobs than anticipated in August, according to new findings from ADP. The research group said in a news release Wednesday (Aug. 30) that private...

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Report: Payroll Revision Could Make 500,000 Jobs Vanish
Report: Payroll Revision Could Make 500,000 Jobs Vanish
August 22, 2023  |  Economy

America’s strong labor market might be somewhat weaker than anticipated. As Bloomberg News reported Tuesday (Aug. 22), government data released this week logging payroll growth for the...

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Bank Loan Losses Hit Three-Year High at $19 Billion
Bank Loan Losses Hit Three-Year High at $19 Billion
August 09, 2023  |  Banking

American banks reported nearly $19 billion in loan losses during the second quarter. As the Financial Times reported Wednesday (Aug. 9), the $18.9 loan-loss rate...

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Analysts: July Jobs Report Suggests Possibility of Economy’s Soft Landing
Analysts: July Jobs Report Suggests Possibility of Economy’s Soft Landing
August 04, 2023  |  Economy

Healthcare, social assistance, financial activities and wholesale trade led the country’s job gains in July. A total of 187,000 nonfarm payroll jobs were added during...

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Report: US Labor Market Remains Strong as Wage Growth Slows
Report: US Labor Market Remains Strong as Wage Growth Slows
August 02, 2023  |  Economy

American companies added 324,000 jobs last month, while wage growth slowed. That’s according to data published Wednesday (Aug. 2) by the ADP Research Institute. The bulk of the...

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Job Market Show Signs of Cooling as Worker Demand Dips
Job Market Show Signs of Cooling as Worker Demand Dips
August 01, 2023  |  Economy

In the middle of scorching summer hot weather, the job market seems to be cooling. American employers listed fewer job openings in June, a signal...

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25 States Experience Near-Record-Low Unemployment
25 States Experience Near-Record-Low Unemployment
July 21, 2023  |  Economy

Unemployment dropped in 11 states in June compared to the previous month, while remaining stable in the other 39 states and the District of Columbia....

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Amazon Pharmacy Division Lays Off ‘Small Number’ of Employees
Amazon Pharmacy Division Lays Off ‘Small Number’ of Employees
July 14, 2023  |  Personnel

Amazon laid off a “small number” of employees in its Pharmacy business Thursday (July 13). The layoffs come after the retail giant completed its largest job reduction in...

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