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 Top Forecasts, Increasing To 885K

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

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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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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JOLTS: Little Change In Job Openings, New Hires Amid Slowing Labor Market
JOLTS: Little Change In Job Openings, New Hires Amid Slowing Labor Market
December 09, 2020  |  Economy

The Job Openings and Labor Turnover Survey (JOLTS) indicates that the number of new job openings was largely unchanged at 6.7 million positions on Oct....

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Retroactive Jobless Payments A Sticking Point In Coronavirus Stimulus Talks
Retroactive Jobless Payments A Sticking Point In Coronavirus Stimulus Talks
December 07, 2020  |  Economy

Lawmakers on both sides of the aisle continue to haggle over what should be in the next coronavirus stimulus bill, with the question of whether...

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