Two leading executives in the store credit card industry said they are nervous that when the federal $600-a-week bump for recipients of state unemployment benefits winds down July 31, pending Congressional action, credit card payments will decline substantially. Get the Full Story Complete the form...
According to a recent National Bureau of Economic Research (NBER) survey, two-thirds of unemployed workers in the U.S. after the CARES Act could have received compensation that was better than what they earned at their previous jobs, with one-fifth also receiving almost double what they...
Another 1.5 million Americans applied for unemployment benefits over the past week, bringing the total jobs lost since the pandemic began to more than 44 million — or some 28 percent of the nation’s workforce. Get the Full Story Complete the form to unlock this article and...
The unemployment check is in the mail … or perhaps it’s even not on its way yet. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
November 20, 2022
Unemployment compensation in the U.S. jumped by 1,794% between 2019 and 2020 as Americans were hit by a wave of layoffs during the COVID-19 pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, […]
July 27, 2020
Two leading executives in the store credit card industry said they are nervous that when the federal $600-a-week bump for recipients of state unemployment benefits winds down July 31, pending...
July 08, 2020
According to a recent National Bureau of Economic Research (NBER) survey, two-thirds of unemployed workers in the U.S. after the CARES Act could have received compensation that was better than...
June 11, 2020
Another 1.5 million Americans applied for unemployment benefits over the past week, bringing the total jobs lost since the pandemic began to more than 44 million — or some 28 percent of...