What to know if you plan to claim Social Security
PeopleImages | E + | fake pictures Deciding when to take your Social Security retirement benefits is a crucial decision no matter when you do it. Making that call during the coronavirus pandemic can increase the stakes. This is because the age at which you decide to claim will block …
Read More »Additional $ 600 unemployment benefits will end before July 31
For the tens of millions of Americans receiving unemployment benefits, the additional $ 600 increase will be exhausted sooner than expected. The weekly payments of $ 600 from the federal pandemic unemployment compensation program were implemented as part of the $ 2.2 billion CARES Act Congress approved in late March. …
Read More »Unemployment claims fell slightly last week, a sign that the economic recovery is stagnating
The number of Americans applying for unemployment aid barely budged last week, a worrying sign that the country’s economic recovery may be slowing. Nearly 1.5 million Americans applied for initial unemployment benefits in the week ending June 20, a drop of 60,000 from the previous week. Another 728,000 applied for …
Read More »Unemployment claims and depressed economy show virus damage
WASHINGTON (AP) – The number of laid-off workers seeking unemployment benefits in the United States declined just last week, and the economy contracted in the first three months of the year, evidence of continued economic damage caused by the viral pandemic. The economy, which contracted 5% in the January-March quarter, …
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