Congress decreed that employees on furlough do qualify for unemployment benefits
The last three weeks have marked one of the most devastating periods in history for the American job market, as first-time claims for unemployment benefits have surged more than 3,000% since early March.
The state-by-state systems for getting benefits into the hands of the unemployed are stressed, inefficient and not sending money quickly enough to the people who need it.
The coronavirus pandemic has caused vast economic disruptions. Millions of people are filing for unemployment, trying to pay rent and deferring loans. If you've lost work, here are some things you can do.
3.3 million Americans filed for their first week of unemployment benefits last week, as businesses shut down to slow the spread of the coronavirus. That is the highest number of initial claims in history.
Congress’ historic stimulus bill meant to bring financial relief to parts of the nation’s economy is helping those filing for unemployment during the coronavirus pandemic.
Congress has announced agreement on a $2 trillion economic relief package for the effects of COVID-19. Most households will get a relief check, and unemployment insurance has been greatly expanded.
The best place to get a job right now might be the unemployment office. In Washington State, where the coronavirus outbreak found its first foothold in the United States, officials are trying to fill multiple positions processing jobless claims. “Due to the temporary closure of some businesses here in Washington State we are anticipating the need for additional staffing,” according to the job posting, which promises interviews next week.
The Labor Department reported 281,000 new claims for unemployment insurance last week, a one-third increase over the previous week that it attributed to the coronavirus epidemic. It was the highest level of claims since September 2017 and the first in a flood of unfavorable economic indicators expected from the Trump administration as businesses shut down and workers go home.
The number of Americans filing for unemployment jumped by 70,000 last week, the highest level since September 2017, because of the increase in coronavirus-related layoffs, according to the Department of Labor. Thousands of people who have been recently laid off, lost their jobs, or had their work hours reduced were then subjected to further frustration after several states websites’ crashed because of high traffic. Many on social media were left confused and fearful over their eligibility for unemployment benefits, including those who were furloughed or on zero-hour contracts.
A new bill would mark a major federal investment in worker training, and would also help underemployed workers.
Working for yourself has a lot of perks. Being able to save easily for retirement isn't one of them, thanks to the inaccessibility of employer-sponsored 401(k) or pension plans.
Despite the creation of nearly 300,000 new jobs in June, a pair of labor-market bellwethers suggest that hiring in the U.S. is likely to be weaker in the months ahead.
A boost in hiring in June catapulted the S&P 500 right near its record closing high and lifted all major U.S. stock indexes back to where they were before the U.K.’s vote to leave the European Union.
The U.S. government is celebrating an optimistic jobs report released today which finds the U.S. gained 287,000 jobs in June 2016, the best single month gain since October 2015, and the hospitality industry is part of that uptick with some of the highest job growth.
Helping to dispel prior disappointing months, employment jumps the most since October; unemployment rate rises to 4.9 percent.
The U.S. job market once picked up speed in June, new government data showed Friday, allaying fears that the economy was headed for a sustained slowdown after a weak start to this year.
There's a huge gap between what we need to save and what we put away for retirement. Here are three ways to close the gap.
What's the key to helping a child born in poverty make it to the middle class? Some say it's good preschool, others — a college diploma. For one advocate, the time to help is at the end of college.
Despite unemployment among veterans being at its lowest in eight years, according to the Bureau of Labor Statistics, veterans from the Gulf War era continue to be under- or unemployed.