unemployment

As the U.S. economy has rebounded, more aid to Americans will likely be scaled down. Here’s what proposals could still get passed by Congress.

Congress hasn’t offered a federal tax break on jobless benefits collected in 2021. That may surprise taxpayers, since one was available the prior year.

Claims for unemployment benefits jumped by 55,000 last week. A surge in Covid cases is likely a factor, but not the only one.

Initial filings totaled 286,000, well above the estimate of 225,000 and a substantial gain from the previous week’s 231,000.

The United Nations’ International Labour Organization has warned that job market recovery from the Covid-19 pandemic looks set to slowdown in 2022.

In 2021, the Labor Department’s initial monthly jobs report and Wall Street’s estimates were less reliable — and President Biden paid a political price for it.

Restaurant owner Stephanie Bonin started a petition for monthly payments in March 2020. Nearly two years later, the cause still resonates with many Americans.

The unemployment rate fell in December for all U.S. workers except Black women.

The leisure and hospitality sector led hiring in December as restaurants added wait staff, cooks and bartenders ahead of the holidays.

Nonfarm payrolls were expected to increase by 422,000 in December, according to economists surveyed by Dow Jones.

Jobless claims totaled 207,000 for the week ended Jan. 1, higher than the 195,000 estimate and 7,000 more than the previous week.

Covid-19 cases are rising to record levels. Yet this time around, help in the form of expanded unemployment or stimulus checks is no longer available.

Americans who get Covid and miss work aren’t eligible for unemployment benefits. That wasn’t the case earlier in the pandemic.

The American Rescue Plan Act waived federal tax on 2020 unemployment benefits. A similar break isn’t available this coming tax season.

Claims for unemployment benefits in December were roughly four times less than at the beginning of 2021. The Covid-19 omicron variant threatens those gains.

The number of Americans applying for unemployment benefits fell below 200,000, more evidence that the job market remains strong in the aftermath of last year’s coronavirus recession

Jobless claims for the week ended Dec. 25 totaled 198,000, less than the 205,000 Dow Jones forecast and a dip of 8,000 from the previous period.

Paid Leave for All said the plan would save jobs and lives, and could help provide West Virginians with $79 million more in their paychecks each year.

The omicron Covid variant is pushing up virus cases and causing workers in areas like New York to lose work shifts. Some may qualify for unemployment benefits.

Initial filings for unemployment insurance totaled 206,000, above the 195,000 Dow Jones estimate and a gain of 18,000 from the previous week.