Has the widespread unemployment benefits discouraged many workers from returning to work? A big drop in people seeking or receiving benefits in the past two weeks after the end of a $ 600 federal grant suggests that the answer may be yes. Early unemployment fell to 963,000 in early August, …
Read More »State lawmakers question EDD officials
California lawmakers questioned state labor officials Thursday amid mounting concerns about the government’s inability to pay unemployment claims that skyrocketed amid widespread trade closings, and learned that decades-old technologies underpin the payment system. During a state legislative hearing on Thursday, the Employment Development Department was portrayed as inept and insensitive …
Read More »$ 600 unemployment increase ends July 31 with no extension in sight
People wait for their numbers to be called at an unemployment event in Tulsa, Oklahoma on July 15, 2020. Nick Oxford photo for The Washington Post via Getty Images 93% drop Americans began receiving an additional $ 600 a week in April as a result of a federal coronavirus relief …
Read More »How I started my successful YouTube channel reviewing technology devices
CNBC’s “College Voices 2020” is a series written by CNBC summer interns from universities across the country about coming of age, launching new careers, and job hunting during a global pandemic. They are finding their voices in a time of great social change and hope for a better future. What …
Read More »Congress must act on unemployment benefit by Friday
Senator Rob Portman urged Congress on Wednesday to reach an agreement on the federal unemployment insurance supplement, and told CNBC that a solution is needed this week. “If we do nothing because we end up in a partisan stalemate here and both sides go to their corners, the people who …
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