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

Moody’s Economist: ‘The COVID-19 Recession Is Over’

Moody’s Economist: ‘The COVID-19 Recession Is Over’
Moody’s Economist: ‘The COVID-19 Recession Is Over’
June 03, 2020  |  Economy

While companies cut nearly 2.8 million jobs last month, Mark Zandi, chief economist at Moody’s Analytics, said it was far less than forecast and the...

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Trump Considers Next Stimulus
Trump Considers Next Stimulus
June 02, 2020  |  Economy

President Donald Trump will meet with senior advisors this week to discuss the possibilities of another pandemic-related stimulus package, this time with a focus on...

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Australia Seems Headed Toward A ‘Service-Sector Recession,’ And America Could Be Next
Australia Seems Headed Toward A ‘Service-Sector Recession,’ And America Could Be Next
June 01, 2020  |  Economy

For advanced economies, the transition to the digital age where manufacturing once reigned has its downside. Because when service jobs disappear — as has been...

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US Savings Rate Soars As Consumer Spending Sinks – A Bad Sign For SMBs
US Savings Rate Soars As Consumer Spending Sinks – A Bad Sign For SMBs
June 01, 2020  |  SMBs

Not all that long ago, we were hoarding toilet paper and flour — eyeing the proverbial rainy day when we’d need what we’d saved, as...

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Amazon To Offer Jobs To Most Of Workers Hired In Pandemic
Amazon To Offer Jobs To Most Of Workers Hired In Pandemic
May 31, 2020  |  Amazon

Of the 175,000 workers Amazon brought on board during the coronavirus pandemic, the eCommerce titan plans to keep over half of them, Reuters reported. Get...

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Unemployment Fraud In Michigan Could Bump Legit Jobless Claims
Unemployment Fraud In Michigan Could Bump Legit Jobless Claims
May 29, 2020  |  Cybersecurity

Unemployed Michigan residents ought to be wary of a scam in which fraudsters are using stolen personal information to apply for unemployment benefits, according to...

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Kudlow: Gov’t Eyes Cash Bonuses To Get People Back To Work
Kudlow: Gov’t Eyes Cash Bonuses To Get People Back To Work
May 28, 2020  |  Economy

Larry Kudlow, director of the U.S. National Economic Council, said he thinks the idea of cash incentives for people going back to work could be...

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Another 2.1M Americans File Jobless Claims As Pandemic’s Total Tops 40M
Another 2.1M Americans File Jobless Claims As Pandemic’s Total Tops 40M
May 28, 2020  |  Economy

More than 2 million Americans filed for unemployment benefits last week as the number of workers seeking assistance since the COVID-19 pandemic began in mid-March...

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