Home / Tag Archives: Unemployment

Tag Archives: Unemployment

McConnell says no unemployment benefit extension

Senate Majority Leader Mitch McConnell, a Kentucky Republican, speaks during a press conference after the Senate weekly caucus lunch in Washington, DC, the United States, on Tuesday, May 19, 2020. Stefani Reynolds | Bloomberg | Getty Images Senate majority leader Mitch McConnell said the next coronavirus law will not renew the increased unemployment insurance that has been introduced due to …

Read More »

2.4 million Americans applied for unemployment last week, a total of 38.6 million in nine weeks

It’s about the Unemployment Aid Congress approved in late March, which includes weekly payments of $ 600 to unemployed Americans. On Tuesday, President Trump expressed his reluctance to extend these benefits over lunch with Senate Republicans. Many of them share his concern that the federal government’s expanded payments are preventing people from returning to work. The extended services expire in …

Read More »

Weekly unemployment benefits in the United States amount to 2.4 million

Initial unemployment insurance claims were 2.44 million last week as the effects of the corona virus shutdown continued to affect the US job market. Economists interviewed by Dow Jones had searched for 2.4 million claims. The seasonally adjusted total is still well above what the nation has seen in the pre-coronavirus America, but for the seventh consecutive week at a …

Read More »

More bad news for unemployment figures expected: Live Business Updates

Unemployment claims in the United States are expected to approach and count to 40 million. The coronavirus pandemic has spawned a dark Thursday ritual: the record of unemployment claims in the United States. In its report at 8:30 a.m. East, the Department of Labor is expected to estimate the figure for the past week at 2.5 million, according to analyst …

Read More »

Backlogs, second wave of layoffs that keep weekly unemployment claims high in the US

WASHINGTON (Reuters) – Millions more Americans are likely to have applied for unemployment benefits last week as the backlog continues to clear and new coronavirus disruption is triggering a second wave of layoffs, indicating another month of astounding job losses in May. FILE PHOTO: People who have lost their jobs wait in line to report unemployment after an outbreak of …

Read More »

Can Missourians still collect unemployment if they refuse to return to work?

SPRINGFIELD, Mon. Since the nationwide order to stay at home was lifted almost two weeks ago, workers in Missouri could be called back to work by their employers in the coming weeks if they have not already been removed. However, according to the Missouri Department of Labor, Missourians who have been temporarily laid off in connection with COVID-19 should refuse …

Read More »

The intelligence agency discovers an overseas fraud ring that steals millions in unemployment benefits

The Secret Service has detected a large-scale foreign attack on the US unemployment system, which is processing record numbers of jobless claims during the pandemic. according to the New York Times. In a Secret Service memo received from the Times, the agency described the attack as a well-organized Nigerian fraud ring that could lead to “potential losses of hundreds of …

Read More »

Fed’s Suspect Vast Fraud Network targets US unemployment systems

SEATTLE – A group of international fraudsters appears to have carried out an immense, sophisticated attack on the US unemployment system that has created a network that, according to the federal authorities, has already made millions in payments to avert an economic collapse. © Patrick Semansky / Associated Press The attack has exploited state unemployment systems at a time when …

Read More »

Fed’s Suspect Vast Fraud Network targets US unemployment systems

SEATTLE – A group of international fraudsters appears to have carried out an immense, sophisticated attack on the US unemployment system that has created a network that, according to the federal authorities, has already made millions in payments to avert an economic collapse. The attackers have used detailed information about US citizens, such as social security numbers that may have …

Read More »