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

Goldman: US Unemployment Rate Could Hit 25 Pct
Goldman: US Unemployment Rate Could Hit 25 Pct
May 14, 2020  |  Economy

Goldman Sachs’ forecast for the nation’s unemployment rate rose by 10 percent, as the bank now predicts at least a 25 percent unemployment rate due...

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Fed’s Powell Expects Substantial Recovery Post-COVID
Fed’s Powell Expects Substantial Recovery Post-COVID
May 13, 2020  |  Economy

Federal Reserve Board Chairman Jerome Powell said that while Washington’s nearly $3 trillion economic response to the coronavirus is on target, it will likely not...

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Google, Amazon Tech Help States Handle Jobless Claim Boom
Google, Amazon Tech Help States Handle Jobless Claim Boom
May 12, 2020  |  Google

Help is on the way for beleaguered states facing a record number of jobless claims. Get the Full Story Complete the form to unlock this...

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Deep Dive: How Automation Can Improve The Invoicing Experience During The COVID-19 Pandemic
Deep Dive: How Automation Can Improve The Invoicing Experience During The COVID-19 Pandemic
May 12, 2020  |  Gig Economy

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Crisis Puts Homeownership On Hold For Millennials
Crisis Puts Homeownership On Hold For Millennials
May 11, 2020  |  Real Estate

It could be the perfect time for millennials to stop throwing their money away on rent and buy a home — or not. At 3.26...

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Today In Payments: Mastercard Expands Commitment To Connect 1B People; Digital Car Buying Platform Vroom To Test June IPO
Today In Payments: Mastercard Expands Commitment To Connect 1B People; Digital Car Buying Platform Vroom...
May 11, 2020  |  News

In today’s top news, Mastercard vows to connect 1 billion people to the digital economy by 2025, and Vroom is looking at filing an initial...

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Mnuchin: Not Reopening Risks Irreversible Economic Damage
Mnuchin: Not Reopening Risks Irreversible Economic Damage
May 10, 2020  |  Economy

The U.S. still hasn’t seen its highest level of unemployment due to the global coronavirus pandemic, but the economy will turn around, Treasury Secretary Steven...

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As China’s Unemployment Rises, Consumer Spending Headwinds?
As China’s Unemployment Rises, Consumer Spending Headwinds?
May 08, 2020  |  International

You’d be forgiven for being preoccupied with headlines and news stories focused on surging U.S. employment. Get the Full Story Complete the form to unlock...

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For SMBs, What Comes Next After The (Terrible) Unemployment Report?
For SMBs, What Comes Next After The (Terrible) Unemployment Report?
May 08, 2020  |  Economy

The number we’ll remember — 14.7 percent, the headline number for April U.S. unemployment — is the one we hope is a peak. But there are...

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