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

Powell: US Faces Long-Term Damage As Downturn Persists

Powell: US Faces Long-Term Damage As Downturn Persists
Powell: US Faces Long-Term Damage As Downturn Persists
June 16, 2020  |  Economy

Federal Reserve Chair Jerome Powell said Tuesday (June 16) that the economy under the pandemic has continued to cause pain to American citizens despite the appearance...

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Idaho Offers Cash Bonuses To Entice Wary Workers Back
Idaho Offers Cash Bonuses To Entice Wary Workers Back
June 16, 2020  |  Economy

Idaho is betting cash bonuses will be enough to lure workers back to their jobs amid coronavirus anxiety and untypically generous unemployment benefits. Idaho officials...

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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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