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

Coronavirus Triggers Job Losses, Reduced Hours

Coronavirus Triggers Job Losses, Reduced Hours
Coronavirus Triggers Job Losses, Reduced Hours
March 19, 2020  |  Economy

Millions of Americans are working from home or not working at all as businesses shutter or reduce hours in the wake of the coronavirus pandemic,...

READ MORE >
COVID-19 Relief 101:  What’s Passed Already, What’s Up For Debate And What’s Next
COVID-19 Relief 101: What’s Passed Already, What’s Up For Debate And What’s Next
March 19, 2020  |  Economy

While the COVID-19 has been a looming and growing threat on the global stage since almost the start of the new year, for U.S. citizens,...

READ MORE >
Mnuchin: Economy Will Come ‘Roaring Back’
Mnuchin: Economy Will Come ‘Roaring Back’
March 18, 2020  |  Economy

U.S. Treasury Secretary Steven Mnuchin said on Wednesday (March 18) that the country won’t see Depression-like unemployment levels, walking back his previously reported comments that...

READ MORE >
Treasury Secretary Warns Of Depression-Like Unemployment Levels
Treasury Secretary Warns Of Depression-Like Unemployment Levels
March 18, 2020  |  Economy

Treasury Secretary Steven Mnuchin said the U.S. unemployment rate could soar to 20 percent if Congress fails to pass a $1 trillion coronavirus stimulus package,...

READ MORE >
Today In Payments: COVID-19 Restrictions Put Half Of US Jobs At Risk; Finablr On Verge Of Collapse
Today In Payments: COVID-19 Restrictions Put Half Of US Jobs At Risk; Finablr On Verge...
March 17, 2020  |  News

In today’s top news, experts say 50 percent of people could lose their jobs due to current restrictions in place to prevent the spread of...

READ MORE >
COVID-19 Restrictions Put Half Of US Jobs At Risk
COVID-19 Restrictions Put Half Of US Jobs At Risk
March 17, 2020  |  Economy

As the U.S. hunkers down indoors to control the spread of the coronavirus, people are starting to fret about their jobs, with experts saying some...

READ MORE >
Coronavirus Triggers Historic Crumbling Of China’s Economy
Coronavirus Triggers Historic Crumbling Of China’s Economy
March 16, 2020  |  Economy

Economic damage in China is worse than anticipated — factory production experienced its fastest downward spiral in 30 years, according to the National Bureau of Statistics...

READ MORE >
US Created 273K Jobs in Feb. Despite Coronavirus Fears
US Created 273K Jobs in Feb. Despite Coronavirus Fears
March 06, 2020  |  Economy

The U.S. economy created a hefty 273,000 nonfarm jobs in February and the unemployment rate fell to 3.5 percent from January’s 3.6 percent, as the...

READ MORE >