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

India’s GDP Shrinks 24 Pct In Second Quarter
India’s GDP Shrinks 24 Pct In Second Quarter
August 31, 2020  |  International

India’s gross domestic product (GDP) fell by 24 percent in the second quarter (Q2) as the pandemic took its toll on the nation’s economy, according...

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Consumer Spending: Running Dry …. Or Dry Powder?
Consumer Spending: Running Dry …. Or Dry Powder?
August 28, 2020  |  Consumer Finance

The consumer spending slowdown was due to happen, following the burst of activity and demand that had been hemmed in by the coronavirus. With a...

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U.S. Jobless Claims Exceed 1M Again, Number Down From Previous Week
U.S. Jobless Claims Exceed 1M Again, Number Down From Previous Week
August 27, 2020  |  Economy

The number of Americans who filed for jobless claims exceeded 1 million last week, but it was down slightly compared to the previous week, the...

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Republicans Ready A More Modest Stimulus Bill
Republicans Ready A More Modest Stimulus Bill
August 26, 2020  |  Economy

Republican lawmakers are aiming to release a narrower pandemic stimulus bill as soon as this week, CNBC reported. Get the Full Story Complete the form...

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Consumer Switch To eCommerce Prompts UK Retailers To Slash Jobs
Consumer Switch To eCommerce Prompts UK Retailers To Slash Jobs
August 25, 2020  |  Economy

Retail employment in the U.K. has dropped 45 percent since May in the sharpest fall it has taken since the 2009 recession, the Confederation of...

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Navigating The COVID-19 Pandemic: How The Paycheck-To-Paycheck Economy Is Beginning To Buckle
Navigating The COVID-19 Pandemic: How The Paycheck-To-Paycheck Economy Is Beginning To Buckle
August 24, 2020  |  Coronavirus

The World Health Organization’s (WHO’s) March 11 announcement labeling the COVID-19 outbreak a pandemic marked the end of business as usual in the United States....

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23 States To Add $300 To Weekly Jobless Benefit Checks
23 States To Add $300 To Weekly Jobless Benefit Checks
August 23, 2020  |  Economy

Nearly half of the nation’s states have been given the green light to issue $300 in federal weekly jobless benefits to help replace lost wages...

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Weak Jobless Claims Report Shows US Recovery Remains Uneven
Weak Jobless Claims Report Shows US Recovery Remains Uneven
August 20, 2020  |  Economy

Staggered reopenings. Tourism booms that might prove temporary. Each U.S. business vertical hard-hit by the pandemic has been impacted in different ways. Get the Full...

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US Jobless Claims Back Above 1M
US Jobless Claims Back Above 1M
August 20, 2020  |  Economy

Despite predictions that the number of Americans seeking jobless benefits would drop for the second consecutive week, more than 1 million laid-off employees requested benefits last week,...

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