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

March Jobs Data May Keep Consumers on Edge as Unemployment Inches Up

March Jobs Data May Keep Consumers on Edge as Unemployment Inches Up
March Jobs Data May Keep Consumers on Edge as Unemployment Inches Up
April 04, 2025  |  Economy

The latest jobs report, released Friday (April 4), may prove to be a high-water mark for hiring — reflecting March’s surge before the maelstrom of...

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Government, Technology and Retail Saw the Most Job Cuts in March
Government, Technology and Retail Saw the Most Job Cuts in March
April 03, 2025  |  Economy

Job cuts in government, technology and retail led the way as U.S. employers announced the largest number of cuts in one month since May 2020....

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Spending Pullback May Worsen as Job Openings Decline
Spending Pullback May Worsen as Job Openings Decline
April 02, 2025  |  Economy

There are fewer jobs to be had, and layoffs have inched up. Consumer confidence was already shaken ahead of the Bureau of Labor Statistics’ latest...

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Job Openings Declined in February, Showing Labor Market ‘Gradually Cooling’
Job Openings Declined in February, Showing Labor Market ‘Gradually Cooling’
April 01, 2025  |  Economy

The number of job openings in the United States declined to 7.57 million in February, down from 7.76 million in January and 8.45 million in...

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Investment Banks Reportedly Weigh Job Cuts as Dealmaking Stagnates
Investment Banks Reportedly Weigh Job Cuts as Dealmaking Stagnates
March 26, 2025  |  Economy

Wall Street banks are reportedly gearing up to cut staff amid ongoing economic uncertainty. Recruiters and analysts discussed the state of dealmaking in a Wednesday...

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Retail’s Perfect Storm? Consumer Outlook on Jobs and Inflation Darkens
Retail’s Perfect Storm? Consumer Outlook on Jobs and Inflation Darkens
March 14, 2025  |  Economy

Airlines and some of the largest commerce firms are cutting guidance for the current quarter as consumers pull back at the register and on travel...

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Jobless Claims Decline by 2,000 as Labor Market Remains Resilient
Jobless Claims Decline by 2,000 as Labor Market Remains Resilient
March 13, 2025  |  Economy

Jobless claims were little changed last week, dropping by 2,000, with analysts saying the labor market remains resilient. During the week ended Saturday (March 8),...

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NY Fed: Consumers Feeling Gloomier About Financial Futures
NY Fed: Consumers Feeling Gloomier About Financial Futures
March 11, 2025  |  Consumer Finance

New data shows growing financial pessimism among Americans, the latest sign of shaky consumer confidence. The February installment of the Federal Reserve Bank of New...

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