Jobless claims rise again due to Delta virus and Hurricane Ida
The number of Americans who applied for jobless benefits has risen for a second time to 351,000. This is a sign that the US job market is still struggling with the covid 19 surge. The Department of Labour reported on Thursday showed that the jobless claims rose by 16,000 since the last week. Report ...
Unemployment benefits worth $794 billion given out during the pandemic
As the state-sanctioned unemployment benefits under the CARES Act end this week, we look at what has been given so far. The unemployment benefits were like a safety net for the jobless. The programs created under the CARES Act which came into existence in March 2020 provided benefits to a historic ...
Jobless claims fall to a 3-week low of 803,000
After a rise for a few weeks, the jobless claims fall to a 3-week low of 803,000, falling by 89,000. However, there has been a rise in layoffs due to coronavirus. With so much happening around the stimulus and the fresh wave of new cases, it has become quite difficult to predict what to expect in t ...
US Unemployment Claims Rise to 885,000
The rise in the daily cases has put people in the United States in a very challenging situation once again. With restrictions looming over people's heads and the uncertainty of how things would pan out in the coming days, the layoffs have started going up once again. In the week ending Dec 12, the ...
US weekly jobless claims increase
The total number of fresh cases is rising across America for the last few weeks. With the holiday season around and people traveling around, things could get worse. With this in mind, a lot of people are cautious about their businesses and do not want to risk things. There has been an increase in j ...
Michigan jobless rate rises for the first time since April
Michigan hadn't been doing badly since the initial drop in employment in April with the restrictions imposed globally to keep the spread of the virus in check. However, Michigan's seasonal unemployment rate rose to 6.9% in November. The employment in Michigan decreased by 14,000 and the number of u ...
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