unemployment

Unemployment occurs when a person who is actively searching for employment is unable to find work. Unemployment Insurance is a joint state-federal program that provides cash benefits to eligible workers. The benefits partially replace wages to help unemployed workers meet their financial obligations while looking for work.

Source: usa.gov

Initial Claims for Unemployment Drop by 18,000
Initial Claims for Unemployment Drop by 18,000
January 04, 2024  |  Economy

The number of initial claims for unemployment insurance dropped to 202,000 during the week ended Saturday (Dec. 30). That total was 18,000 less than the...

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Jobless Claims Creep up for Second Consecutive Week
Jobless Claims Creep up for Second Consecutive Week
December 28, 2023  |  Economy

Unemployment claims keep climbing, although some economists are still reportedly confident in the labor market. Figures released Thursday (Dec. 28) by the U.S. Department of...

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Weekly Jobless Claims Rise Less Than Economists Expected 
Weekly Jobless Claims Rise Less Than Economists Expected 
December 21, 2023  |  Economy

The number of initial claims for unemployment insurance rose by 2,000 during the week ended Dec. 16.  There were 205,000 initial claims filed that week,...

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CFPB: US Bank Illegally Blocked Workers From Unemployment Benefits
CFPB: US Bank Illegally Blocked Workers From Unemployment Benefits
December 19, 2023  |  CFPB

America’s consumer watchdog said U.S. Bank wrongly kept workers from unemployment benefits during the pandemic. As such, the Consumer Financial Protection Bureau ordered the bank...

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Gen Z Alone in Reporting Improved Finances This Year
Gen Z Alone in Reporting Improved Finances This Year
December 08, 2023  |  Consumer Finance

The unemployment rate is at pre-pandemic levels and inflation has dropped from 9.1% in July 2022 to 3.2% in October 2023, according to the Bureau...

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Unemployment Claims Fall Even as Labor Market Cools
Unemployment Claims Fall Even as Labor Market Cools
November 22, 2023  |  Economy

Initial U.S. unemployment claims last week saw the largest drop since June. That’s according to figures released Wednesday (Nov. 22) by the Labor Department, showing initial claims for...

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Job Market Softens As Ongoing Unemployment Claims Rise
Job Market Softens As Ongoing Unemployment Claims Rise
November 16, 2023  |  Economy

The “durable” job market economists had been touting all year now seems a bit softer. New employment figures from the U.S. Labor Department released Thursday (Nov. 16)...

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Continuing Unemployment Claims Creep Up As Layoffs Mount
Continuing Unemployment Claims Creep Up As Layoffs Mount
November 02, 2023  |  Economy

Jobless Americans might be having trouble finding work, according to new unemployment data. Figures released Thursday (Nov. 2) by the Labor Department showed that continuing jobless claims —...

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Unemployment Claims Remain Low as Wage Growth Slides
Unemployment Claims Remain Low as Wage Growth Slides
October 05, 2023  |  Economy

Initial jobless claims remained low last week, according to new Labor Department data. Government figures released Thursday (Oct. 5) showed initial claims inching up to 207,000 for the week...

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