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

New U.S. Unemployment Claims Add Another 2.4M As Pandemic’s Total Job Losses Near 39M

New U.S. Unemployment Claims Add Another 2.4M As Pandemic’s Total Job Losses Near 39M
New U.S. Unemployment Claims Add Another 2.4M As Pandemic’s Total Job Losses Near 39M
May 21, 2020  |  Economy

The number of workers who filed jobless claims fell slightly again last week, but the coronavirus crisis has put 38.6 million Americans on unemployment insurance...

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Feds Probe Loss Of Millions In Jobless Claims To Fraudsters
Feds Probe Loss Of Millions In Jobless Claims To Fraudsters
May 17, 2020  |  Cybersecurity

A Nigerian fraud ring is suspected by the U.S. Secret Service of siphoning hundreds of millions of dollars in unemployment payments from numerous state programs...

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Economist: 42 Pct Of Pandemic Layoffs Will Be Permanent
Economist: 42 Pct Of Pandemic Layoffs Will Be Permanent
May 15, 2020  |  Economy

A recent economic survey forecasts that 42 percent of layoffs will bring about permanent job losses. In a televised interview on CNBC, University of Chicago...

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Job Losses Mount As New Unemployment Claims Hit Nearly 3M
Job Losses Mount As New Unemployment Claims Hit Nearly 3M
May 14, 2020  |  Economy

People are continuing to file for unemployment benefits as job losses continue to mount amid the coronavirus pandemic, which is upending the economy and everyday...

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Goldman: US Unemployment Rate Could Hit 25 Pct
Goldman: US Unemployment Rate Could Hit 25 Pct
May 14, 2020  |  Economy

Goldman Sachs’ forecast for the nation’s unemployment rate rose by 10 percent, as the bank now predicts at least a 25 percent unemployment rate due...

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Fed’s Powell Expects Substantial Recovery Post-COVID
Fed’s Powell Expects Substantial Recovery Post-COVID
May 13, 2020  |  Economy

Federal Reserve Board Chairman Jerome Powell said that while Washington’s nearly $3 trillion economic response to the coronavirus is on target, it will likely not...

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Google, Amazon Tech Help States Handle Jobless Claim Boom
Google, Amazon Tech Help States Handle Jobless Claim Boom
May 12, 2020  |  Google

Help is on the way for beleaguered states facing a record number of jobless claims. Get the Full Story Complete the form to unlock this...

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Deep Dive: How Automation Can Improve The Invoicing Experience During The COVID-19 Pandemic
Deep Dive: How Automation Can Improve The Invoicing Experience During The COVID-19 Pandemic
May 12, 2020  |  Gig Economy

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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