The numbers: New unemployment benefits fell to just over $ 1 million in late August, resuming a downward trend, perhaps signaling the resumption of a slow or painful recovery in the U.S. labor market. Initial unemployment claims, a rough measure of redundancies, were rejected by 98,000 to 1 million in …
Read More »Oil substitutes are forced to adjust or die
The International Energy Agency this week revised its forecast for gasoline and jet fuel for the rest of the year. In seemingly unrelated news, Philips 66 said it is turns a San Francisco refinery in a biodiversity plant. In separate news, Shell said it will permanently shake up a refinery …
Read More »Did the expired benefit of $ 600 federally unemployed people not keep working back? Sudden drop in claims adds fuel to debate
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 »Why the PPP loan extension is good news for this group of entrepreneurs
Getty As we approach the weekend of July 4, the Check Protection Program Extension Act is on its way to President Trump’s desk for signature. This Act will extend the time that small businesses and freelancers have to submit a PPP loan application until August 8, 2020. However, while Congress …
Read More »EPFO | EPFO alert: know how to request refunds under PMGKY
[ad_1] EPFO alert: know how to request refunds at PMGKY & nbsp New Delhi: Good news for those employers who want to receive benefit reimbursements under the government’s flagship scheme, Pradhan Mantri Garib Kalyan Yojana (PMGKY). Employers who have referred during the month of March prior to the deployment of …
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