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

Kudlow Slams $600-A-Week Extra Jobless Benefits, Says Trump Might OK Back-To-Work Bonus
Kudlow Slams $600-A-Week Extra Jobless Benefits, Says Trump Might OK Back-To-Work Bonus
June 15, 2020  |  Economy

White House Economic Adviser Larry Kudlow said in a CNN interview that the $600-a-week funds that Americans receive on top of regular unemployment benefits might...

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Fed’s Kaplan: Unemployment Rate May Stay As High As 8 Pct
Fed’s Kaplan: Unemployment Rate May Stay As High As 8 Pct
June 14, 2020  |  Economy

In an interview with “Face the Nation,” Dallas Federal Reserve President Robert Kaplan said he expects some recovery in the unemployment rate this year, although...

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US Household Net Worth Drops Record 6.5 Pct In Q1
US Household Net Worth Drops Record 6.5 Pct In Q1
June 14, 2020  |  Economy

Stimulus payments to taxpayers totaling $267 billion was not enough to avoid a decline in household net worth in the first quarter on 2020, the...

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Another 1.5M Americans File For Unemployment As Pandemic’s Job Losses Top 44M
Another 1.5M Americans File For Unemployment As Pandemic’s Job Losses Top 44M
June 11, 2020  |  Economy

Another 1.5 million Americans applied for unemployment benefits over the past week, bringing the total jobs lost since the pandemic began to more than 44 million —...

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Mnuchin: PPP Kept ‘Tens Of Millions’ Employed
Mnuchin: PPP Kept ‘Tens Of Millions’ Employed
June 10, 2020  |  Economy

The Paycheck Protection Program (PPP) has supported over three-quarters of the small- to medium-sized business (SMB) payroll in 50 states, Treasury Secretary Steven Mnuchin said...

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Fed Expects 6.5 Pct Drop In GDP This Year
Fed Expects 6.5 Pct Drop In GDP This Year
June 10, 2020  |  Economy

The Federal Reserve Board and the Federal Open Market Committee (FOMC) have released economic projections for the next few years, showing that the gross domestic...

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Discover: 80 Pct Of Cardholders In Forbearance Paid On Accounts
Discover: 80 Pct Of Cardholders In Forbearance Paid On Accounts
June 10, 2020  |  Payment Methods

Roger Hochschild, chief executive officer for Discover, said most of their customers no longer have trouble with making payments, Bloomberg reported. Get the Full Story...

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Behind The Euphoric May Jobs Report Are Some Troubling Signs
Behind The Euphoric May Jobs Report Are Some Troubling Signs
June 08, 2020  |  Economy

After the euphoria, perhaps a reckoning. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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