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

Kudlow: Gov’t Eyes Cash Bonuses To Get People Back To Work

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...

READ MORE >
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...

READ MORE >
Goldman Sachs: Unemployment Could Remain High For Next 2 Years
Goldman Sachs: Unemployment Could Remain High For Next 2 Years
May 27, 2020  |  Economy

High unemployment could remain a constant for the next two years as people struggle to find jobs, according to Goldman Sachs. The numbers could remain...

READ MORE >
Related Co Chair: Many SMB Retail, Restaurants ‘Don’t Have The Wherewithal To Reopen’
Related Co Chair: Many SMB Retail, Restaurants ‘Don’t Have The Wherewithal To Reopen’
May 27, 2020  |  Retail

Stephen Ross, chairman of Related Cos., said bankruptcy could be the future for many retailers as the effects of the pandemic continue to play out....

READ MORE >
Uber, Lyft Drivers File Unemployment Lawsuit In NY
Uber, Lyft Drivers File Unemployment Lawsuit In NY
May 26, 2020  |  Legal & Regulation

Four Uber and Lyft drivers are suing the state of New York over what they say is a failure to pay their unemployment during the...

READ MORE >
US Economy Shows Signs Of Restart As Shutdowns End
US Economy Shows Signs Of Restart As Shutdowns End
May 26, 2020  |  Economy

Economists are beginning to forecast that the worst damage of the coronavirus pandemic is over, according to The Wall Street Journal on Monday (May 25),...

READ MORE >
A Month Into Reopening And Georgia Jobs Have Yet To Return
A Month Into Reopening And Georgia Jobs Have Yet To Return
May 25, 2020  |  Economy

Two out of five people in Georgia — 40.3 percent of its workforce — have filed for unemployment since the state reopened its economy on...

READ MORE >
JPMorgan Chase Forecasts Minimum 10 Pct Unemployment Up To Q1 2021
JPMorgan Chase Forecasts Minimum 10 Pct Unemployment Up To Q1 2021
May 22, 2020  |  Economy

As they lowered their 2021 growth outlook and forecast an unemployment rate at 10 percent at a minimum through the first quarter of that year,...

READ MORE >