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

Could Mixed Inflation Expectations Predict A Spending Slowdown?
Could Mixed Inflation Expectations Predict A Spending Slowdown?
July 08, 2024  |  Economy

A bumpy but generally downward path for inflation — and the prices paid for all manner of goods — may pressure consumers to pull back...

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Insured Unemployment Number Reaches Highest Level Since 2021
Insured Unemployment Number Reaches Highest Level Since 2021
June 27, 2024  |  Economy

The number of people receiving unemployment benefits reached its highest level in over two years. The insured unemployment number for the week ended June 15...

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Yellen: US Labor Market Has Become ‘More Normal’
Yellen: US Labor Market Has Become ‘More Normal’
June 13, 2024  |  Economy

America’s job market is starting to resemble its pre-pandemic self, says Treasury Secretary Janet Yellen. Speaking to CNBC Thursday (June 13), Yellen also noted that cooling...

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Initial Unemployment Claims Increase by 8,000 as Labor Market Cools
Initial Unemployment Claims Increase by 8,000 as Labor Market Cools
June 06, 2024  |  Economy

The number of initial claims for unemployment insurance increased by 8,000 during the week ended Saturday (June 1), showing that the labor market is returning...

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Job Creation Slows Amid Big Cuts in Manufacturing
Job Creation Slows Amid Big Cuts in Manufacturing
June 05, 2024  |  Economy

Job creation in the U.S. is demonstrating signs of slowing as wages remain flat. That’s according to the monthly report on private sector employment released...

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Consumers Increasingly Expect Growth in Public Assistance Programs
Consumers Increasingly Expect Growth in Public Assistance Programs
May 28, 2024  |  Consumer Insights

Consumers are more likely to expect an expansion of public assistance programs than they were a year ago. Among the programs about which they have...

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Initial Unemployment Claims Fall as Americans Seek Side Hustles
Initial Unemployment Claims Fall as Americans Seek Side Hustles
May 23, 2024  |  Economy

Initial unemployment claims continued their decline last week, the largest consecutive drop since September. New claims fell by 8,000 to 215,000 for the week ending May 18,...

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Labor Dept Reports Initial Jobless Claims Drop by 10K
Labor Dept Reports Initial Jobless Claims Drop by 10K
May 16, 2024  |  Economy

The number of initial claims for unemployment insurance dropped by 10,000 during the week ended Saturday (May 11), reversing about half of the increase that...

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Initial Claims for Unemployment Unchanged, Signaling ‘Fairly Tight’ Labor Market
Initial Claims for Unemployment Unchanged, Signaling ‘Fairly Tight’ Labor Market
May 02, 2024  |  Economy

The number of initial claims for unemployment insurance held steady during the week ending on Saturday (April 27). The total of 208,000 initial claims was...

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