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 Fall in Face of Ongoing Layoffs
Jobless Claims Fall in Face of Ongoing Layoffs
February 22, 2024  |  Economy

New Department of Labor data shows a drop in initial applications for unemployment in the United States. Unemployment claims fell by 12,000 to 201,000 for...

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Fed Finds Consumers Optimistic About Credit but Not Inflation
Fed Finds Consumers Optimistic About Credit but Not Inflation
February 12, 2024  |  Economy

U.S. consumers are feeling more optimistic about their financial conditions and access to credit. That’s according to the January 2024 Survey of Consumer Expectations, released Monday...

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US Job Openings Flat as Fewer Workers Quit
US Job Openings Flat as Fewer Workers Quit
January 30, 2024  |  Economy

If you’re hesitating about leaving your job, you aren’t alone these days. Data released Tuesday (Jan. 30) in the U.S. Bureau of Labor Statistics’ monthly Job...

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Unemployment Claims Fall With Fewer Layoffs in Transportation, Warehousing
Unemployment Claims Fall With Fewer Layoffs in Transportation, Warehousing
January 18, 2024  |  Economy

The number of initial claims for unemployment benefits filed during the week ended Saturday (Jan. 13) was the lowest since Sept. 24, 2022. The number...

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Initial Claims for Unemployment Drop by 18,000
Initial Claims for Unemployment Drop by 18,000
January 04, 2024  |  Economy

The number of initial claims for unemployment insurance dropped to 202,000 during the week ended Saturday (Dec. 30). That total was 18,000 less than the...

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Jobless Claims Creep up for Second Consecutive Week
Jobless Claims Creep up for Second Consecutive Week
December 28, 2023  |  Economy

Unemployment claims keep climbing, although some economists are still reportedly confident in the labor market. Figures released Thursday (Dec. 28) by the U.S. Department of...

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Weekly Jobless Claims Rise Less Than Economists Expected 
Weekly Jobless Claims Rise Less Than Economists Expected 
December 21, 2023  |  Economy

The number of initial claims for unemployment insurance rose by 2,000 during the week ended Dec. 16.  There were 205,000 initial claims filed that week,...

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CFPB: US Bank Illegally Blocked Workers From Unemployment Benefits
CFPB: US Bank Illegally Blocked Workers From Unemployment Benefits
December 19, 2023  |  CFPB

America’s consumer watchdog said U.S. Bank wrongly kept workers from unemployment benefits during the pandemic. As such, the Consumer Financial Protection Bureau ordered the bank...

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Gen Z Alone in Reporting Improved Finances This Year
Gen Z Alone in Reporting Improved Finances This Year
December 08, 2023  |  Consumer Finance

The unemployment rate is at pre-pandemic levels and inflation has dropped from 9.1% in July 2022 to 3.2% in October 2023, according to the Bureau...

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