unemployment benefits
Jobless claims rise more than expected, but labor market still tight
Claims have remained very low, bouncing around in a tight range despite high-profile layoffs in the technology industry.
Jobless claims drop by 20,000 despite Fed efforts to cool economy
The recent collapse of two regional banks has sparked fears of contagion in the banking sector, bruising the stock market and casting a pall over the economy's outlook.
Jobless claims surpass 200,000 to reach 5-month high
It’s the first time in eight weeks that claims came in above 200,000.
Govs wrongly doled out billions for false COVID unemployment claims: watchdog
A "significant portion" of the $888 billion in state and federal payments could be "attributable to fraud," Department of Labor Inspector General Larry Turner said.
Jobless claims drop by 3K to 9-month low despite mass layoffs in tech, finance
Initial claims for state unemployment benefits dropped 3,000 to a seasonally adjusted 183,000 for the week ended Jan. 28.
Jobless claims unexpectedly fall for third straight week
Outside the technology industry, economists say companies are generally reluctant to send workers home after difficulties finding labor during the pandemic.
Jobless claims fall to 4-month low despite layoffs
Last week the government reported that employers added a solid 223,000 jobs in December, evidence that the economy remains healthy.
Jobless claims hit 3-month low despite Fed's efforts to cool economy
Also, the payroll processing firm ADP reported that the economy gained 235,000 jobs, well above expectations.
No ‘right’ side to history, a start on fixing the FBI and other commentary
“The right side of history,” that “staple of progressive rhetoric,” is a “myth,” argues William Deresiewicz at The Free Press: History “does not take sides.”
Jobless claims rise by 9,000 as labor market shows signs of cooling
The claims figures have been choppy in recent weeks but have held well below the 270,000 threshold that economists see as a red flag for the labor market.
Biden administration overstated Q2 job growth by 1 million: Philadelphia Fed
Sen. Rick Scott (R-Fla.) said the Biden administration has been “lying to the American people about our economy to prop up his failed agenda.”
Jobless claims rise modestly, but labor market remains tight
The number of Americans filing new claims for unemployment benefits increased less than expected last week, pointing to a still-tight labor market.
Jobless claims fall by 20,000 -- lowest level in over two months
Some economists expect the US to slip into a recession next year as the Fed’s rate hikes increase borrowing costs and slow economic activity.
Jobless claims rise as up-and-down trend continues in tight market
Claims tend to be volatile at the start of the holiday season as companies temporarily close or slow hiring.
Chinese hackers stole $20M in COVID relief funds, feds say
The Secret Service told NBC News that the stolen taxpayer dollars came from Small Business Association loans and unemployment insurance funds
Weekly jobless claims hit 3-month high as tech sector layoffs mount
Claims remained well below the threshold that economists said would raise red flags about the labor market.
Tenney calls for GOP probe of $11B in fraudulent jobless claims under Cuomo
Upstate GOP Rep. Claudia Tenney is calling on the new Republican House Majority to probe at least $11 billion in improper jobless claims paid out by New York State
Jobless claims drop as widespread layoffs remain low
"This is a testimony to how tight the labor market remains," said Robert Frick, corporate economist at Navy Federal Credit Union.
NY state must pull out all the stops to recover that epic $11B in illegal jobless payments
Once again, New Yorkers are getting fleeced, this time to the tune of $11 billion thanks to fraudulent jobless claims during the pandemic and the state’s pathetic failure to stop...
$11 billion was stolen from taxpayers in a massive fraud — will officials just ignore it?
If state lawmakers ignore DiNapoli’s findings, the employers now footing the bill for New York’s unemployment debt deserve to be more outraged with them than with the people who let...