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

Apple Will Pay Contracted Janitors And Bus Drivers During Shutdown

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

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...

READ MORE >
Goldman Says Recovery Could Be The Fastest In History
Goldman Says Recovery Could Be The Fastest In History
March 31, 2020  |  Economy

New Goldman Sachs projections on how the coronavirus pandemic will play out in the U.S. say unemployment will hit 15 percent — but there will be...

READ MORE >
Steve Mnuchin: Stimulus Money Should Hit Within 3 Weeks
Steve Mnuchin: Stimulus Money Should Hit Within 3 Weeks
March 29, 2020  |  Economy

As the coronavirus spreads throughout the United States, Treasury Secretary Steve Mnuchin told “Face the Nation” Sunday (March 29) that Americans should be receiving $1,200...

READ MORE >
US Spending Slows, Consumer Sentiment Hits Record Low
US Spending Slows, Consumer Sentiment Hits Record Low
March 27, 2020  |  Economy

Consumer sentiment in the U.S. is down to a three-and-a-half-year low due to the effects of the coronavirus and social distancing measures, and consumer spending...

READ MORE >
Today In Payments: Olympics Delay To Spark Marathon To Recoup Sunk Costs; FinTech Veteran Dan Henry Tapped To Lead Green Dot
Today In Payments: Olympics Delay To Spark Marathon To Recoup Sunk Costs; FinTech Veteran Dan...
March 26, 2020  |  News

In today’s top payments news, postponement of the Olympics due to the coronavirus pandemic has resulted in the loss of billions of dollars, and branchless...

READ MORE >
Unemployment Figures Set The Wrong Type Of Record
Unemployment Figures Set The Wrong Type Of Record
March 26, 2020  |  Economy

Oh what a difference six months can make.  A half a year ago the unemployment rate was making the headlines for the “right” reasons.  In...

READ MORE >
COVID-19 Triggers Record-Breaking Spike In US Unemployment Claims
COVID-19 Triggers Record-Breaking Spike In US Unemployment Claims
March 26, 2020  |  Economy

A record 3.28 million people claimed U.S. unemployment benefits last week as the coronavirus continued to make its way throughout much of the world, shuttering...

READ MORE >
US Jobless Claims Expected To Be Highest Ever
US Jobless Claims Expected To Be Highest Ever
March 25, 2020  |  Economy

The initial jobless claims report to be released Thursday (March 26) is predicted to show that due to the coronavirus pandemic, the largest number of Americans...

READ MORE >