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

Consumer Switch To eCommerce Prompts UK Retailers To Slash Jobs

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  |  Economy

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. For those companies...

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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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Kudlow Promises New Jobless Aid, Says Economy Is On ‘Self-Sustaining Recovery’
Kudlow Promises New Jobless Aid, Says Economy Is On ‘Self-Sustaining Recovery’
August 19, 2020  |  Economy

White House economic advisor Larry Kudlow said the economy is rebounding “very, very strongly” and would continue to do so, Reuters reported. Kudlow said he...

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Revised Data Shows US Jobs Down 173,000 Through March
Revised Data Shows US Jobs Down 173,000 Through March
August 19, 2020  |  Economy

Job growth in the United States was apparently weaker in the year through March, with the number of new workers added to payrolls revised down...

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Navigating the COVID-19 Pandemic: How Consumers Are Reorganizing Their Lives In The Wake Of The Outbreak
Navigating the COVID-19 Pandemic: How Consumers Are Reorganizing Their Lives In The Wake Of The...
August 18, 2020  |  Economy

PYMNTS introduced a survey to a census-balanced panel of 2,128 U.S. consumers on Friday, March 6. Our goal was to determine a baseline for consumers’...

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