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Weekly Jobless Claims Drop Sharply But Labor Market Remains Challenged
First-time claims for unemployment insurance fell to 730,000 last week, well below the expected 845,000.
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Taxpayers May Be Victims of Unemployment Fraud. The IRS Wants to Help
Criminals stole identities to collect unemployment benefits during the Covid pandemic. The IRS has tips for victimized taxpayers.
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Jobless Claims Show Unexpected Move Higher
First-time filings for jobless claims totaled 861,000 last week, above the Dow Jones estimate of 773,000.
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US Jobless Claims Rise to 861,000 as Layoffs Remain High
The number of Americans applying for unemployment aid rose last week to 861,000, evidence that layoffs remain painfully high despite a steady drop in the number of confirmed viral infections. Applications from laid-off workers rose 13,000 from the previous week, which was revised sharply higher, the Labor Department said Thursday. Before the virus erupted in the United States last March,...
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Bulk of Jobless Claims Are Due to Repeat Pandemic Layoffs, Say Researchers
Almost 2 in 3 workers collecting unemployment benefits lost their jobs multiple times during the Covid pandemic, according to new research.
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What to Know About the Latest Stimulus Plan's Proposed $400 Unemployment Boost
The latest Covid relief bill from House Democrats unveiled this week ends federal aid a month before President Biden’s initial plan. Here’s what’s at stake.
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Nearly 11 Million Americans Will Lose Unemployment Benefits in April Without More Relief
Nearly 11 million Americans will lose unemployment benefits by mid-April if Congress doesn’t issue additional Covid relief, according to a new analysis.
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Jobless Claims Worse Than Expected as Pandemic-Related Filings Surge
News claims for jobless benefits totaled 793,000 last week, higher than the Dow Jones estimate of 760,000 and a decline from the previous week’s 812,000.
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Only 29% of Americans Use a Financial Advisor. Here's How to Know If You Make Enough Money to Need an Expert
Financial advisors can focus on different things. You should choose an expert that suits you, according to Delano Saporu, founder of New Streets Advisors Group.
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Watch Fed Chair Jerome Powell Speak Live to the Economic Club of New York
[The stream is slated to start at 2 p.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell speaks Wednesday to the Economic Club of New York on the “State of the U.S. Labor Market.” The speech comes as job gains have slowed considerably after a rapid...
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List: The '50 Best Jobs in America,' According to Glassdoor
Job hunters, listen up. Glassdoor recently released its list of the “50 Best Jobs in America” — and tech jobs continue to dominate the list.
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Unemployment Fraud May Create a Tax Nightmare
Billions of dollars have been lost to unemployment fraud during the Covid pandemic. Victims of identity theft will have an unwelcome surprise this tax season.
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Women's Labor Force Participation Rate Hit a 33-Year Low in January, According to New Analysis
Another 275,000 women left the labor force in January.
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Raising Minimum Wage to $15 Would Cost 1.4 Million Jobs, CBO Says
Raising the federal minimum wage to $15 an hour would cost 1.4 million jobs over the next four years, according to the Congressional Budget Office.
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The Pandemic Pushes Millions From the Labor Force. That's Bad News
The pandemic has caused millions to leave the workforce, to care for children, or due to fewer jobs or Covid fears. That’s bad for households and the economy.
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They Went Bust in the Great Recession. Now, in Their 80s, the Pandemic Took Their Jobs
Dan and Grace Porte, like thousands of other seniors, lost their jobs during the pandemic. Older Americans tend to be unemployed for longer periods than others.
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Tax Forms Help Reveal Extent of Unemployment Fraud in US
Unemployment agencies across the U.S. became lucrative targets for criminals when they were bombarded with claims last year as millions lost jobs due to coronavirus shutdowns
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Even With Unprecedented Gains, the Jobs Market Is Still Struggling to Get Back to Normal
There remains much work to be done to get America back to work again, even with the addition of 12.5 million jobs.
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Long-Term Unemployment Is Close to a Great Recession Record
Almost 40% of unemployed workers have been out of a job for at least six months. That means many have entered a particularly risky period of joblessness.
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Vermont Start Up Creates More Jobs For Women
The state of Vermont’s legislative joint fiscal office says as of last fall, a disproportionate number of women became unemployed. This start up in Stowe is creating more flexible job opportunities for women.