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

JPMorgan Picked to Verify Payment Information for Federal Government
JPMorgan Picked to Verify Payment Information for Federal Government
September 27, 2023  |  Authentication

J.P. Morgan has been chosen by the United States Treasury Department to provide account validation services for federal government agencies. This selection comes after a competitive process and...

READ MORE >
Jobless Claims in US Hit Lowest Level Since January
Jobless Claims in US Hit Lowest Level Since January
September 21, 2023  |  Economy

Initial claims for unemployment insurance in the United States fell by 20,000, down to 201,000, during the week ended Saturday (Sept. 16). The four-week moving...

READ MORE >
US Unemployment Claims Hit Lowest Level in 7 Months
US Unemployment Claims Hit Lowest Level in 7 Months
September 07, 2023  |  Economy

The American job market is still tight, at least according to one new measure. Data released Thursday (Sept. 7) by the U.S. Labor Department showed the...

READ MORE >
Healthcare, Leisure and Hospitality Lead Job Gains in August
Healthcare, Leisure and Hospitality Lead Job Gains in August
September 01, 2023  |  Economy

The U.S. economy added 187,000 jobs in August, with the healthcare and the leisure and hospitality sectors leading the way. The number of jobs added during the...

READ MORE >
Job Growth in U.S. Moves from ‘Exceptional’ to ‘Sustainable’
Job Growth in U.S. Moves from ‘Exceptional’ to ‘Sustainable’
August 30, 2023  |  Economy

American employers added fewer jobs than anticipated in August, according to new findings from ADP. The research group said in a news release Wednesday (Aug. 30) that private...

READ MORE >
Report: Payroll Revision Could Make 500,000 Jobs Vanish
Report: Payroll Revision Could Make 500,000 Jobs Vanish
August 22, 2023  |  Economy

America’s strong labor market might be somewhat weaker than anticipated. As Bloomberg News reported Tuesday (Aug. 22), government data released this week logging payroll growth for the...

READ MORE >
Bank Loan Losses Hit Three-Year High at $19 Billion
Bank Loan Losses Hit Three-Year High at $19 Billion
August 09, 2023  |  Banking

American banks reported nearly $19 billion in loan losses during the second quarter. As the Financial Times reported Wednesday (Aug. 9), the $18.9 loan-loss rate...

READ MORE >
Analysts: July Jobs Report Suggests Possibility of Economy’s Soft Landing
Analysts: July Jobs Report Suggests Possibility of Economy’s Soft Landing
August 04, 2023  |  Economy

Healthcare, social assistance, financial activities and wholesale trade led the country’s job gains in July. A total of 187,000 nonfarm payroll jobs were added during...

READ MORE >
Report: US Labor Market Remains Strong as Wage Growth Slows
Report: US Labor Market Remains Strong as Wage Growth Slows
August 02, 2023  |  Economy

American companies added 324,000 jobs last month, while wage growth slowed. That’s according to data published Wednesday (Aug. 2) by the ADP Research Institute. The bulk of the...

READ MORE >