Claims for weekly employment gained momentum last week after filings were caught with a reduction as part of the weekly nxgiving holiday. The total number of first-time claims for unemployment insurance was 853,000 a week, up from a total of 116,000 a week earlier, the Labor Department said on Thursday. …
Read More »A new stimulus deal has emerged – here’s what it could mean for unemployment benefits
With major federal unemployment assistance programs It is due to end by the end of the year, The question is what can change them as high unemployment continues U.S. No to the economy And millions of Americans are struggling to make ends meet. Washington Washington, D.C. In, two competing proposals …
Read More »Stocks rise near record highs near high street trades
Shares rose on Thursday as a number of Americans are filing for unemployment benefits for the first time, which will lead to a gradual recovery in the labor market and investors focus on a movement on a potential stimulus bill that is deadlocked in Congress in months. The Dow Jones …
Read More »The hiring was held last month but there are signs that the virus is getting worse
WASHINGTON (AP) – Rejecting fears of another recession, U.S. businesses hired at a solid pace in October, but they are signaling caution about the future of the economy as the epidemic worsens. The Labor Department said Friday Employers added 8,638,000 jobs and the overall unemployment rate plummeted to 6.9%, a …
Read More »Britain extended the coronavirus furlough program until the end of March
The Chancellor of the Exchequer, Shi Sunak, left 10 Downing Street after attending a Cabinet meeting on February 14, 2020. Barcraft Media LONDON – The UK’s finance minister announced on Thursday that the country’s furlough scheme, which subsidizes the wages of workers unable to work due to the coronavirus epidemic, …
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