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

Today In Payments: Apple Eases Streaming App Commissions; Softbank Abandons WeWork Deal
Today In Payments: Apple Eases Streaming App Commissions; Softbank Abandons WeWork Deal
April 02, 2020  |  News

In today’s top news, Apple will end its practice of taking a commission from streaming platforms operating on its devices, and Softbank pulled out of...

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Can Stimulus Funds Battle Back The Main Street Cash Crunch?
Can Stimulus Funds Battle Back The Main Street Cash Crunch?
April 02, 2020  |  Economy

By the numbers the news is not bright this week — pretty much no matter where one looks as the coronavirus pandemic continues. Unemployment filings have...

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Unemployment Data Shows Darkening Coronavirus Clouds For SMBs
Unemployment Data Shows Darkening Coronavirus Clouds For SMBs
April 02, 2020  |  Economy

These are the kinds of records that no one wants to see broken. Get the Full Story Complete the form to unlock this article and...

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US Jobless Claims Hit Record 6.6M Amid COVID-19 Pandemic
US Jobless Claims Hit Record 6.6M Amid COVID-19 Pandemic
April 02, 2020  |  Economy

In another sign that the nation’s economy is suffering amid the COVID-19 pandemic, the number of new jobless claims reached record levels last week, double...

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Boston Fed Chief Rosengren Expects Jobless Rate To ‘Rise Dramatically’
Boston Fed Chief Rosengren Expects Jobless Rate To ‘Rise Dramatically’
April 01, 2020  |  Economy

Boston Federal Reserve President Eric Rosengren said on Wednesday (April 1) that despite the best efforts of politicians and central bankers to contain COVID-19’s economic...

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Survey: 46 Pct Of Americans Are At High Risk Of Layoffs
Survey: 46 Pct Of Americans Are At High Risk Of Layoffs
April 01, 2020  |  Coronavirus

More than 66 million jobs across fields such as retail, food service and sales are at a high risk of layoffs because of the coronavirus‘...

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Today In Payments: Uber Eats Moves Into On-Demand Grocery Delivery; Banks Will Benefit From SMB $350B COVID-19 Bailout
Today In Payments: Uber Eats Moves Into On-Demand Grocery Delivery; Banks Will Benefit From SMB...
April 01, 2020  |  News

In today’s top payments news, Uber is moving into grocery delivery as restaurant orders decline due to the coronavirus pandemic, and banks stand to make...

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ADP Job Loss Data Spotlights SMB Impact — With More To Come
ADP Job Loss Data Spotlights SMB Impact — With More To Come
April 01, 2020  |  Economy

The latest jobs data show bad news … more than likely to get much, much worse. Get the Full Story Complete the form to unlock...

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Apple Will Pay Contracted Janitors And Bus Drivers During Shutdown
Apple Will Pay Contracted Janitors And Bus Drivers During Shutdown
March 31, 2020  |  Coronavirus

Contractors with Apple who work in janitorial, bus driving and other such fields will be paid during the coronavirus shutdown, in a reversal from the...

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