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

Permanent US Job Losses Over Last 6 Months Rose Fastest In 50 Years

Permanent US Job Losses Over Last 6 Months Rose Fastest In 50 Years
Permanent US Job Losses Over Last 6 Months Rose Fastest In 50 Years
October 04, 2020  |  Economy

As the pandemic continues, so does the lagging economy — and a spate of now permanent layoffs, CNN reported. Get the Full Story Complete the...

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Lack Of Federal Aid Could Contribute To More Layoffs
Lack Of Federal Aid Could Contribute To More Layoffs
October 02, 2020  |  Economy

The inability of lawmakers and the White House to pass a new stimulus relief package has fueled layoffs as companies say they can’t afford payroll,...

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US Jobless Claims Fall To 837,000 But Remain At Historically High Levels
US Jobless Claims Fall To 837,000 But Remain At Historically High Levels
October 01, 2020  |  Economy

The number of Americans who applied for jobless benefits fell slightly last week as the nation’s employers continue to cut large numbers of workers amid...

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Another 870,000 Americans File Jobless Claims
Another 870,000 Americans File Jobless Claims
September 24, 2020  |  Economy

The U.S. Department of Labor (DOL) reported on Thursday (Sept. 24) that the number of Americans who filed for jobless claims in the week ended...

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California Freezes Jobless Claims As Anti-Fraud Efforts Trigger Massive Backlog
California Freezes Jobless Claims As Anti-Fraud Efforts Trigger Massive Backlog
September 21, 2020  |  Cybersecurity

California is putting all new unemployment benefits claims on hold for the next two weeks as it tries to sort out an epic backlog affecting...

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Fed Chair: Labor Market Recovery Has Long Way To Go
Fed Chair: Labor Market Recovery Has Long Way To Go
September 17, 2020  |  Economy

Federal Reserve Board Chairman Jerome Powell said the U.S. labor market has a long way to go to meet the central bank’s maximum employment goal....

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Stimulus Bill Fails To Advance In Senate
Stimulus Bill Fails To Advance In Senate
September 10, 2020  |  Economy

A stalemate over the future of coronavirus stimulus will continue as of Thursday (Sept. 10) as the Senate failed to pass a Republican plan to...

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US Jobless Claims Hold Steady At 884K
US Jobless Claims Hold Steady At 884K
September 10, 2020  |  Economy

First-time jobless claims held steady last week, the U.S. Department of Labor (DOL) reported on Thursday (Sept. 10). Get the Full Story Complete the form...

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