10% of America's total workforce now out of work as coronavirus slams economy, 6.6 mn file for jobless aid
4 years, 8 months ago

10% of America's total workforce now out of work as coronavirus slams economy, 6.6 mn file for jobless aid

India TV News  

Almost 10% of America's total workforce is now unemployed since coronavirus slammed the economy as confirmed cases in the United States continues to rise. Amid all this, a major crisis is that is awaiting the citizens of the US is jobless as already near 17 million Americans have sought unemployment benefits in the past three weeks — a record high, by far — as millions of people appear to be falling through the cracks. The federal government’s $2.2 trillion economic relief package for the first time extended unemployment aid to cover those workers when they lose their jobs. In France, for example, 5.8 million people — about a quarter of the private-sector workforce — are now on a “partial unemployment” plan: With the government’s help, they receive part of their wages while temporarily laid off or while working shorter hours.

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History of this topic

US states paid up to $135 billion of jobless benefits during COVID: Report
1 year, 3 months ago

US states paid up to $135 billion of jobless benefits during COVID: Report

India Today  

Up to $135 billion of jobless benefits paid out by US states during the coronavirus pandemic may have arisen from fraudulent claims, Washington's top government watchdog said on Tuesday in a report suggesting the problem is much bigger than previously estimated. Waves of fraudulent claims for unemployment insurance benefits have episodically inflated the volumes of new filings reported each week …

US jobless aid claims fell last week as layoffs remain low
1 year, 9 months ago

US jobless aid claims fell last week as layoffs remain low

Associated Press  

Fewer Americans applied for jobless claims last week as the labor market continues to thrive despite the Federal Reserve’s efforts to cool the economy and tamp down inflation. With recent data showing that those rate hikes have done little to bring down inflation and even less to cool the economy and labor market, many analysts were expecting the Fed to …

U.S. applications for jobless aid rise last week
2 years, 2 months ago

U.S. applications for jobless aid rise last week

Associated Press  

WASHINGTON — The number of Americans applying for unemployment benefits rose slightly last week but remains historically low even as the U.S. economy slows in the midst of decades-high inflation. Fed officials have warned that the unemployment rate will likely have to rise as part of their fight against rising prices, and last week’s jobs report likely snuffed out any …

More Americans apply for jobless aid last week
2 years, 3 months ago

More Americans apply for jobless aid last week

Associated Press  

WASHINGTON — The number of Americans filing for jobless benefits rose slightly last week with the Federal Reserve pushing hard to cool the economy and tamp down inflation. Fed officials have pointed to the remarkably resilient U.S. labor market as added justification for raising rates five times this year, including three 75-basis point hikes in a row. The Fed’s move …

Fewer Americans claim jobless benefits last week
2 years, 4 months ago

Fewer Americans claim jobless benefits last week

Associated Press  

NEW YORK — Fewer Americans filed for unemployment benefits last week as the labor market continues to stand out as one of the strongest segments of the U.S. economy. Applications for jobless aid for the week ending Aug. 20 fell by 2,000 to 243,000, the Labor Department reported Thursday. The number of Americans collecting traditional unemployment benefits fell by 19,000 …

Fewer Americans apply for jobless aid last week
2 years, 6 months ago

Fewer Americans apply for jobless aid last week

Associated Press  

WASHINGTON — Fewer Americans applied for unemployment benefits last week as the U.S. job market remains strong in the face of rising inflation and interest rates. Applications for jobless aid fell by 3,000 to 229,000 for the week ending June 11, down from the previous week’s 232,000, the Labor Department reported Thursday. The Labor Department reported last week that consumer …

Slightly more Americans seek jobless aid last week
2 years, 7 months ago

Slightly more Americans seek jobless aid last week

Associated Press  

WASHINGTON — The number of Americans applying for jobless aid ticked up slightly last week but the total number of Americans collecting benefits remained at its lowest level in more than five decades. Last week, the government reported America’s employers added 428,000 jobs in April, leaving the unemployment rate at 3.6%, just above the lowest level in a half-century. Last …

Fewest Americans collecting jobless aid since 1970
2 years, 8 months ago

Fewest Americans collecting jobless aid since 1970

Associated Press  

WASHINGTON — Applications for unemployment benefits inched down last week as the total number of Americans collecting aid fell to its lowest level in more than 50 years. About 1.42 million Americans were collecting traditional unemployment benefits in the week of April 9, the fewest since February 21, 1970. Two years after the coronavirus pandemic plunged the economy into a …

Fewest Americans collecting unemployment aid since 1970
2 years, 10 months ago

Fewest Americans collecting unemployment aid since 1970

Associated Press  

WASHINGTON — The number of Americans collecting unemployment benefits fell to a 52-year low after another decline in jobless aid applications last week. Jobless claims fell by 17,000, from 249,000 to 232,000 for the week ending Feb. 19, the Labor Department reported Thursday. In total, 1,476,000 Americans were collecting jobless aid the week that ended Feb. 5, a decrease of …

Fewer Americans collecting jobless aid since 1970
2 years, 10 months ago

Fewer Americans collecting jobless aid since 1970

Al Jazeera  

Jobless claims fell by 17,000, from 249,000 to 232,000 for the week ending February 19, US data showed. The number of Americans collecting unemployment benefits fell to a 52-year low after another decline in jobless aid applications last week. Jobless claims fell by 17,000, from 249,000 to 232,000 for the week ending February 19, the Labor Department reported Thursday. In …

Jobless claims fall again for third straight week
2 years, 10 months ago

Jobless claims fall again for third straight week

Associated Press  

WASHINGTON — The number of Americans applying for unemployment benefits declined for the third straight week. Jobless claims fell by 16,000 to 223,000 last week, from 239,000 the previous week, the Labor Department reported Thursday. The four-week average for claims, which compensates for weekly volatility, declined by 2,000 to 253,250 after rising for five straight weeks as the omicron variant …

Jobless claims fall for second straight week
2 years, 11 months ago

Jobless claims fall for second straight week

Associated Press  

WASHINGTON — After three consecutive weeks of unemployment claims that appeared to rise in tandem with omicron, fewer Americans applied for unemployment benefits for the second week in a row. Jobless claims fell by 23,000 to 238,000 last week, from 261,000 the previous week, the Labor Department reported Thursday. Jobless claims, a proxy for layoffs, had fallen mostly steadily for …

US jobless claims rose to 286,000 last week
2 years, 11 months ago

US jobless claims rose to 286,000 last week

Live Mint  

While the surge in Covid-19 cases is disrupting businesses and leading economists to mark down 2022 growth forecasts, few expect it to change the fundamentals of a labor market with little slack and red-hot demand for workers. “Someone who’s dependable, who’s been on the job for a year and doesn’t need to learn the ropes—you don’t want to lay that …

AP FACT CHECK: Biden puffs up claims of virus, job gains
2 years, 11 months ago

AP FACT CHECK: Biden puffs up claims of virus, job gains

Associated Press  

WASHINGTON — In a self-appraisal that didn’t always fit with the facts, President Joe Biden on Wednesday made the dubious assertion that he’s outperformed all expectations on the pandemic in his first year and inflated his contribution to COVID-era economic growth. Biden himself set higher expectations than have been met when he held a July 4 event headlined a celebration …

US unemployment claims drop to new pandemic low
3 years, 2 months ago

US unemployment claims drop to new pandemic low

Live Mint  

The number of Americans applying for unemployment benefits fell to a fresh pandemic low last week, another sign the job market is healing after last year's coronavirus recession. Since topping 900,000 in early January, the weekly applications have fallen more or less steadily ever since and are gradually moving toward prepandemic levels of around 220,000 a week. Overall, 2.1 million …

Economic oddity: Record job openings and many unemployed
3 years, 4 months ago

Economic oddity: Record job openings and many unemployed

Associated Press  

WASHINGTON — The disconnect is jarring: Across the United States, employers who are desperate to fill jobs have posted a record-high number of job openings. On Wednesday, the Labor Department reported that employers posted 10.9 million job openings in July — the most on records dating to 2000. “But a fair number of unemployed or job seekers don’t feel that …

With the end of federal pandemic unemployment aid, what economic assistance is still available for Americans?
3 years, 4 months ago

With the end of federal pandemic unemployment aid, what economic assistance is still available for Americans?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy One of the most important …

Jobless Americans will have few options as benefits expire
3 years, 4 months ago

Jobless Americans will have few options as benefits expire

Associated Press  

NEW YORK — Millions of jobless Americans lost their unemployment benefits on Monday, leaving only a handful of economic support programs for those who are still being hit financially by the year-and-a-half-old coronavirus pandemic. “The end of the pandemic unemployment benefits will be an abrupt jolt to millions of Americans who won’t find a job in time for this arbitrary …

'Big and bold' JobKeeper, coronavirus supplement support gone and replaced with disaster payments, but some say it's not enough
3 years, 4 months ago

'Big and bold' JobKeeper, coronavirus supplement support gone and replaced with disaster payments, but some say it's not enough

ABC  

Locked-down workers and businesses are struggling to get by with lower levels of assistance than the programs that saved the economy in 2020. Key points: $5.1 billion in ‘pandemic response’ payments have been made since June 70 per cent has gone to NSW, where 960,000 people have received at least one payment Many support programs from 2020 have ended, despite …

Millions to lose jobless aid as claims fall to pandemic low
3 years, 4 months ago

Millions to lose jobless aid as claims fall to pandemic low

Associated Press  

WASHINGTON — Millions of jobless Americans who have depended on federal unemployment aid as a financial lifeline are about to lose those benefits just as the delta variant of the coronavirus poses a renewed threat to the economy and the job market. Two programs — one that provides jobless aid to self-employed and gig workers, the other to people who’ve …

US businesses struggle to fill jobs even as hiring picks up
3 years, 7 months ago

US businesses struggle to fill jobs even as hiring picks up

Associated Press  

WASHINGTON — Hiring in the United States picked up in May yet was slowed again by the struggles of many companies to find enough workers to keep up with the economy’s swift recovery from the pandemic recession. U.S. employers added 559,000 jobs last month, the Labor Department said Friday, an improvement from April’s sluggish increase of 278,000. May’s job gains, …

US businesses struggle to fill jobs even as hiring picks up
3 years, 7 months ago

US businesses struggle to fill jobs even as hiring picks up

India Today  

Hiring in the United States picked up in May yet was slowed again by the struggles of many companies to find enough workers to keep up with the economy’s swift recovery from the pandemic recession. US employers added 559,000 jobs last month, the Labor Department said Friday, an improvement from April’s sluggish increase of 278,000. May’s job gains, she said, …

US jobless claims drop to 385,000, another pandemic low
3 years, 7 months ago

US jobless claims drop to 385,000, another pandemic low

Associated Press  

WASHINGTON — The number of Americans seeking unemployment benefits fell last week for a fifth straight week to a new pandemic low, the latest evidence that the U.S. job market is regaining its health as the economy further reopens. AnnElizabeth Konkel, economist at the Indeed Hiring Lab, noted that the number of people who are collecting traditional state unemployment benefits …

US Unemployment Claims Decline to 444,000, a New Pandemic Low
3 years, 7 months ago

US Unemployment Claims Decline to 444,000, a New Pandemic Low

News 18  

The number of Americans seeking unemployment aid fell last week to 444,000, a new pandemic low and a sign that the job market keeps strengthening as consumers spend freely again, viral infections drop and business restrictions ease. The data release coincides with rapid moves by nearly all the nation's Republican governors to cut off a $300-a-week federal unemployment benefit that …

U.S. Jobless Claims Decline To 444,000, A New Pandemic Low
3 years, 7 months ago

U.S. Jobless Claims Decline To 444,000, A New Pandemic Low

Huff Post  

WASHINGTON — The number of Americans seeking unemployment aid fell last week to 444,000, a new pandemic low and a sign that the job market keeps strengthening as consumers spend freely again, viral infections drop and business restrictions ease. The data release coincides with rapid moves by nearly all the nation’s Republican governors to cut off a $300-a-week federal unemployment …

AP FACT CHECK: Hyperbole from Biden, GOP on state of economy
3 years, 7 months ago

AP FACT CHECK: Hyperbole from Biden, GOP on state of economy

Associated Press  

WASHINGTON — President Joe Biden and House Republicans alike are revising history when asserting that the new administration set records in U.S. job creation — either the best ever or among the worst, depending on the vantage point. He has created the most jobs in his first three months than any other president — about 1.5 million — but that’s …

The Latest: N Korea again claims no coronavirus infections
3 years, 7 months ago

The Latest: N Korea again claims no coronavirus infections

Associated Press  

SEOUL, South Korea — North Korea has told the World Health Organization that it has tested 25,986 people for the coronavirus through April but still has yet to find a single infection. ___ THE VIRUS OUTBREAK: — In coastal Senegal, beginning of the fishing season renews hope for industry ravaged by COVID-19 — While wealthier nations stockpile vaccines, some of …

Jobless claims drop 13,000 to 553,000 as economy heals
3 years, 8 months ago

Jobless claims drop 13,000 to 553,000 as economy heals

Associated Press  

WASHINGTON — The number of Americans applying for unemployment benefits dropped by 13,000 last week to 553,000, the lowest level since the pandemic hit last March and another sign the economy is recovering from the coronavirus recession. Nearly 3.7 million people were receiving traditional state unemployment benefits the week of April 17. “We expect further declines in filings as businesses …

How Poverty Taught Me to Get Every Dollar I Deserve From Coronavirus Relief
55 years ago

How Poverty Taught Me to Get Every Dollar I Deserve From Coronavirus Relief

Slate  

This piece was supported by the Economic Hardship Reporting Project. Because I’d only received one W-9 last year, my unemployment amount was pitiful—$107 a week—until it got topped up with the unemployment supplements many received. Similarly, she distrusts Medi-Cal, California’s Medicaid program, and felt CalFresh, California’s food assistance, is not a program for people “like them”—previously affluent homeowners working in …

Why the pandemic left long-term scars on global job market
3 years, 9 months ago

Why the pandemic left long-term scars on global job market

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “The truth is, I want my job back,’’ said …

Covid relief bill: Congress sends $1.9 trillion pandemic relief package to Biden’s desk
3 years, 9 months ago

Covid relief bill: Congress sends $1.9 trillion pandemic relief package to Biden’s desk

CNN  

CNN — The House of Representatives voted Wednesday to approve the $1.9 trillion coronavirus relief plan, paving the way for President Joe Biden to sign his top legislative priority into law later this week and deliver aid to most American households amid the pandemic. Key features of the plan include up to $1,400-per-person stimulus payments that will send money to …

One year into the pandemic, America is still down nearly 10 million jobs
3 years, 10 months ago

One year into the pandemic, America is still down nearly 10 million jobs

CNN  

New York CNN Business — The American job market is nowhere near fixed. Nearly one year into the pandemic, the nation is still down nearly 10 million jobs. Continued benefit claims, which count applications submitted for at least two weeks in a row, stood at 4.3 million in the week ended February 20, down from the week before. To be …

US jobless claims drop; still at 847,000 as pandemic rages
3 years, 11 months ago

US jobless claims drop; still at 847,000 as pandemic rages

Associated Press  

WASHINGTON — The number of Americans applying for unemployment benefits fell but remained at a historically high 847,000 last week, a sign that layoffs keep coming as the coronavirus pandemic continues to rage. Tempering last week’s bigger-than-expected drop in claims: The four-week moving average — which smooths out week to week gyrations — rose by more than 16,000 last week …

US jobless claims drop; still at 847,000 as pandemic rages
3 years, 11 months ago

US jobless claims drop; still at 847,000 as pandemic rages

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Thanks …

Unemployment decreased slightly in December
3 years, 11 months ago

Unemployment decreased slightly in December

NL Times  

A total of 368 thousand Netherlands residents were unemployed in December. Over the past three months, the number of unemployed people in the Netherlands decreased by an average of 15 thousand per month, and the number of people who had paid work increased by 24 thousand per month on average. Largely due to the coronavirus pandemic, the number of unemployed …

US unemployment claims jump to 965,000 as virus takes toll
3 years, 11 months ago

US unemployment claims jump to 965,000 as virus takes toll

Associated Press  

WASHINGTON — The number of people seeking unemployment aid soared last week to 965,000, the most since late August and a sign that the resurgent virus has likely escalated layoffs. “While prospects for the economy later in 2021 are upbeat, the labor market recovery has taken a step backward,” said Nancy Vanden Houten, an economist at Oxford Economics, “and we …

US jobless claims soar to 965,000 as COVID surge triggers layoffs
3 years, 11 months ago

US jobless claims soar to 965,000 as COVID surge triggers layoffs

Al Jazeera  

The number of Americans filing for unemployment benefits with states surged to 965,000 last week as soaring COVID-19 infections and measures to contain them accelerate layoffs. The number of Americans filing for unemployment benefits climbed toward one million last week as business-sapping restrictions designed to contain soaring COVID-19 infections continue to hobble the United States labour market recovery. Some 965,000 …

US unemployment: Low-paid jobs hit hardest in pandemic economy
4 years ago

US unemployment: Low-paid jobs hit hardest in pandemic economy

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Ten months into America’s viral …

Lawmakers press Trump on COVID relief bill as jobless aid expires
4 years ago

Lawmakers press Trump on COVID relief bill as jobless aid expires

India TV News  

President Donald Trump appeared no closer to signing an end-of-year COVID relief and spending bill Sunday as unemployment aid expired, the government barrels toward a mid-pandemic shutdown and lawmakers implored him to break the impasse he created after Congress approved the deal. “So many people are hurting.” Republican Sen. Pat Toomey of Pennsylvania also said Trump should sign the bill, …

Relief bill: Here’s what happens if Trump doesn’t sign the $900 billion Covid package
4 years ago

Relief bill: Here’s what happens if Trump doesn’t sign the $900 billion Covid package

CNN  

CNN — Though Congress has passed a $900 billion Covid relief package, millions of Americans are in danger of losing important benefits just after the holidays if President Donald Trump continues to refuse to sign the bill. The legislation would extend two pandemic unemployment programs and provide the jobless with a $300 weekly federal boost through mid-March. The package, which …

US jobless claims rise to 885,000 amid resurgence of virus
4 years ago

US jobless claims rise to 885,000 amid resurgence of virus

Associated Press  

WASHINGTON — The number of Americans applying for unemployment benefits rose again last week to 885,000, the highest weekly total since September, as a resurgence of coronavirus cases threatens the economy’s recovery from its springtime collapse. On Wednesday, congressional negotiators closed in on a $900 billion COVID-19 economic relief package that would deliver additional help to businesses, $300 per week …

Across US and Europe, pandemic’s grip on economies tightens
4 years ago

Across US and Europe, pandemic’s grip on economies tightens

Associated Press  

WASHINGTON — The worsening of the viral pandemic across the United States and Europe is threatening their economies and intensifying pressure on governments and central banks on both continents to intervene aggressively. “There are reasons to be concerned.” When the U.S. Federal Reserve meets next week, it may provide more detailed guidance on how long it will continue its own …

Weakening jobs numbers spur Covid-19 aid efforts
4 years, 1 month ago

Weakening jobs numbers spur Covid-19 aid efforts

Live Mint  

WASHINGTON—A sharp decline in job growth in November further prodded lawmakers to reach an agreement on coronavirus relief, as negotiators hurried to craft a bill before a government funding deadline at the end of next week. Fitful efforts to pass another aid package came back to life this week when a bipartisan group of rank-and-file lawmakers rolled out a $908 …

A bleak outlook for millions facing cutoff of US jobless aid
4 years, 1 month ago

A bleak outlook for millions facing cutoff of US jobless aid

Associated Press  

INDIANAPOLIS — Tina Morton recently faced a choice: Pay bills — or buy a birthday gift for a child? “That’s really scary,” Green said, “because what are we going to do when we lose the unemployment money?” The end of jobless aid is approaching at an especially perilous time. Soliz is hopeful that Congress will agree to provide more aid, …

In face of ‘grim’ jobs report, Biden backs more COVID-19 aid
4 years, 1 month ago

In face of ‘grim’ jobs report, Biden backs more COVID-19 aid

Associated Press  

— President-elect Joe Biden is pushing ahead with his call for massive economic stimulus as the economic recovery from this spring’s coronavirus lockdowns falters amid a nationwide spike in COVID-19 cases. Biden was to deliver remarks Friday afternoon reacting to November’s national jobs report, which showed a sharp decrease in U.S. hiring even as the nation is about 10 million …

US jobless claims remain high at 712,000 as virus escalates
4 years, 1 month ago

US jobless claims remain high at 712,000 as virus escalates

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The number of Americans applying …

US jobless claims up for second straight week as virus worsens
4 years, 1 month ago

US jobless claims up for second straight week as virus worsens

Live Mint  

Washington: The number of Americans applying for unemployment benefits rose last week for a second straight week to 778,000, evidence that the U.S. economy and job market remain under strain as coronavirus cases surge and colder weather heighten the risks. For the week of Nov. 7, the number of people collecting benefits under the Pandemic Unemployment Assistance program — which …

Picture of US economy is worrisome as virus inflicts damage
4 years, 1 month ago

Picture of US economy is worrisome as virus inflicts damage

Associated Press  

WASHINGTON — Gripped by the accelerating viral outbreak, the U.S. economy is under pressure from persistent layoffs, diminished income and nervous consumers, whose spending is needed to drive a recovery from the pandemic. The number of Americans seeking unemployment aid rose last week for a second straight week to 778,000, evidence that many employers are still slashing jobs more than …

US jobless claims rise to 742,000; millions to lose aid
4 years, 1 month ago

US jobless claims rise to 742,000; millions to lose aid

Associated Press  

WASHINGTON — The number of Americans seeking unemployment aid rose last week to 742,000, the first increase in five weeks and a sign that the resurgent viral outbreak is likely slowing the economy and forcing more companies to cut jobs. But it also indicates that many jobless people have used up their state unemployment aid — which typically expires after …

Federal Government extends JobSeeker coronavirus supplement payment, but cuts rate by $100 a fortnight
4 years, 1 month ago

Federal Government extends JobSeeker coronavirus supplement payment, but cuts rate by $100 a fortnight

ABC  

The Federal Government will extend the coronavirus supplement payment on the JobSeeker unemployment benefit — at a lower rate — until the end of March 2021. Key points: The coronavirus supplement will fall from $250 to $150 a fortnight next year That supplement will now expire when the JobKeeper wage subsidy is due to end The Government is yet to …

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