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Unemployment Rates May Not Return to Level Seen…

The U.S. unemployment rate may not return to the more than half-century lows recorded under former President Donald Trump, according to Esther George, president of the Federal Reserve Bank of Kansas City. The national unemployment rate is currently at 5.4%,…

Gage Skidmore from Surprise, AZ, United States of America via Wikimedia Commons

Extra Unemployment Benefits Are Ending

Millions of Americans are poised to lose their unemployment benefits in one month's time, as the massive safety net that Congress put in place in the early days of the coronavirus pandemic begins to unravel. A new report published by…

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Jobless Claims Unexpectedly Rise From Pandemic-era Lows

Finally some good news. The number of Americans filing for first-time jobless benefits last week unexpectedly rose from pandemic-era lows to their highest level since early June. The Labor Department said Thursday that 419,000 Americans filed for initial…

Gage Skidmore from Surprise, AZ, United States of America via Wikimedia Commons

Republicans Urge Biden to Cut Federal Unemployment Benefits

House Republicans are urging President Biden to end federal unemployment benefits as the country pulls itself out of the Coronavirus pandemic. The extra benefits provided out-of-work Americans with an extra $300 a week but as…

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Gage Skidmore from Surprise, AZ, United States of America via Wikimedia Commons

U.S. Hiring Falls Short of April Expectations

The U.S. economy only added 266,000 jobs in April, a distinct shortfall from economist's expectations. The unemployment rate unexpectedly rose to 6.1% — well below the April 2020 peak of 14.7%, but about twice the pre-crisis…

Americans Filing for Unemployment Benefits Pass Predictions

As Coronavirus cases spike across the nation and governors impose fresh restrictions the number of Americans filing for first-time unemployment benefits also spiked. Figures released Thursday by the Labor Department show 853,000 Americans filed first-time…