Digits: New applications for unemployment benefits fell sharply last week to an epidemic low, but the overall decline was a big change in how data is reported rather than finding more people in jobs. No progress has been made in the absence of change in the labor market. Initial job …
Read More »Extra 300 Extra Job Payment Sept. Starting at 7
Unemployed California workers can expect to receive an additional 300 300 in weekly unemployment payments in early September, the state labor agency announced, welcoming the dream economic crisis unleashed by the coronavirus. U.S. Additional unemployment payments are being made to states across the country using funds from the Federal Emergency …
Read More »U.S. first unemployment claims fell to $ 1 million in late August, reversing the downward trend
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 »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 you got a $ 500 incentive this week
$ 500 incentive check getty Did you receive a $ 500 incentive check from the IRS this week? Here’s what you need to know – and it may not be what you think. Stimulus controls You may be surprised to find a $ 500 incentive payment in your inbox or …
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