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

Economists Say 68 Pct Of Unemployed Workers Collected More Than Their Regular Wages

Economists Say 68 Pct Of Unemployed Workers Collected More Than Their Regular Wages
Economists Say 68 Pct Of Unemployed Workers Collected More Than Their Regular Wages
July 12, 2020  |  Economy

In three weeks, the $600 federal jobless benefit that has been added to the state’s unemployment checks will end. These payments have put $18 billion...

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Another 1.3M Americans File Jobless Claims; COVID-Related Total Now Stands At 49M+
Another 1.3M Americans File Jobless Claims; COVID-Related Total Now Stands At 49M+
July 09, 2020  |  Economy

The U.S. Labor Department (DOL) reported Thursday (July 9) that another 1,314,000 American filed initial claims for jobless benefits last week, bringing the total number...

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Data: Laid-Off Workers Eligible For More Jobless Benefits Than Wages
Data: Laid-Off Workers Eligible For More Jobless Benefits Than Wages
July 08, 2020  |  Economy

According to a recent National Bureau of Economic Research (NBER) survey, two-thirds of unemployed workers in the U.S. after the CARES Act could have received...

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Rocky Road Confronts Digital (And Hesitant) Consumer For Rest Of 2020
Rocky Road Confronts Digital (And Hesitant) Consumer For Rest Of 2020
July 08, 2020  |  Economy

For the digital consumer — for the U.S. economy — a recovery is in the cards, yes. But it will take a while. Much longer...

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COVID-19 Benefits Aid Nontraditional Workers
COVID-19 Benefits Aid Nontraditional Workers
July 07, 2020  |  Economy

The COVID-19 economic crisis seems to be exposing gaping holes in the U.S safety net. A case in point: some 12.9 million Americans are collecting...

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Atlanta Fed Warns Recovery Could Stall As Outbreaks Surge
Atlanta Fed Warns Recovery Could Stall As Outbreaks Surge
July 07, 2020  |  Economy

The uptick in U.S. coronavirus cases could dampen the recovery of the nation’s economy, according to a Federal Reserve official. Raphael Bostic, the president of...

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Expert: Job Reports Missed Troubling Trend
Expert: Job Reports Missed Troubling Trend
July 06, 2020  |  Economy

Crossmark Global Investments, the Texas money management team, said last week’s jobs report had a giant hole in it.  Victoria Fernandez, the company’s chief market...

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Labor Secretary: $600 Unemployment Payouts No Longer Needed
Labor Secretary: $600 Unemployment Payouts No Longer Needed
July 05, 2020  |  Economy

Laid-off workers collecting federal unemployment benefits got some disappointing news from the nation’s U.S. Labor Secretary Sunday (July 5). Eugene Scalia told Fox News Sunday...

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