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

No Lapses Seen For Unemployment Benefits, Despite Congressional Delays

No Lapses Seen For Unemployment Benefits, Despite Congressional Delays
No Lapses Seen For Unemployment Benefits, Despite Congressional Delays
December 29, 2020  |  Economy

The U.S. Department of Labor (DOL) said it doesn’t anticipate any lapses in unemployment benefits, despite repeated delays by Congress in passing COVID-19 economic relief...

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New US Jobless Claims Slightly Down To 803,000
New US Jobless Claims Slightly Down To 803,000
December 23, 2020  |  Economy

Jobless claims are slightly down for the week ending Saturday (Dec. 19), with 803,000 initial claims, a decrease of 89,000 from the previous week’s revised...

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Jobless Claims Top Forecasts, Increasing To 885K
Jobless Claims Top Forecasts, Increasing To 885K
December 17, 2020  |  Economy

Initial jobless claims for the week that ended Dec. 12 were up 23,000, hitting a high of 885,000 versus 853,000 expected, the U.S Department of...

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Deep Dive: How Tapping Instant Payments For Disbursements Can Help State, Federal Agencies Foster Financial Security
Deep Dive: How Tapping Instant Payments For Disbursements Can Help State, Federal Agencies Foster Financial...
December 17, 2020  |  Disbursements

Consumers in the U.S. are still reeling from the lasting financial impacts brought about by the first months of the pandemic. Sweeping unemployment, rising medical...

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Fed Expects GDP To End Year Slightly Higher; Predicts 4.2 Pct Growth In 2021
Fed Expects GDP To End Year Slightly Higher; Predicts 4.2 Pct Growth In 2021
December 16, 2020  |  Economy

The Federal Reserve has upped its expectations for the end-of-year forecast, now predicting that the real gross domestic product (GDP) will fall by only 2.4...

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How Government Agencies Can Find A Disbursement Method Middle Ground
How Government Agencies Can Find A Disbursement Method Middle Ground
December 16, 2020  |  Disbursements

"The check is in the mail" is little help to the one in three Americans who've faced a loss of income since the pandemic began,...

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Mastercard: Global Economic Outlook Depends On Multi-Speed Recovery
Mastercard: Global Economic Outlook Depends On Multi-Speed Recovery
December 14, 2020  |  Economy

In some ways, there was only one global story that mattered this year. The pandemic was the common element in every economic look back or...

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U.S. Initial Jobless Claims Rise To 853,000 Along With Increasing COVID-19 Cases
U.S. Initial Jobless Claims Rise To 853,000 Along With Increasing COVID-19 Cases
December 10, 2020  |  Economy

An increasing number of Americans were forced out of work as new coronavirus cases reached record-breaking levels. New jobless claims surged 137,000 over last week’s...

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