unemployment benefits

Some 1.3 million Americans applied for unemployment benefits last week as the coronavirus pandemic kept the US job market under pressure, new data show. That means workers have submitted more than 51 million initial jobless claims in 17 weeks amid the worst economic crisis since the Great Depression — a number larger than the populations …

The US economy may not shake its bad case of the coronavirus for another two and a half years, a new economic forecast warns. The nation is in for a gradual economic recovery from the “depression-like crisis” sparked by the pandemic, with production and employment likely to remain under pressure through the end of 2022, …

Read More: March jobs report numbers might appear better than reality Coronavirus puts 4.4 million more out of work, bringing crisis total to 26 million US workers file 1.5 million jobless claims as crisis total tops 44 million US workers file 1.3 million jobless claims as coronavirus total tops 51 million

Some 1.5 million Americans applied for unemployment benefits last week even as the US emerged from its coronavirus lockdown, the feds said Thursday. Thursday’s figures from the US Department of Labor show more than 44 million people — or roughly 28 percent of the US workforce — tried to join the nation’s unemployment rolls in …

Scammers posing as out-of-work residents have bilked Washington State out of “hundreds of millions of dollars” in unemployment benefits, a top official said. The fraudsters submitted bogus unemployment claims under the names of tens of thousands of people whose personal information had been stolen, said Suzi LeVine, commissioner of the state’s Employment Security Department. “I …

Another 2.4 million Americans applied for unemployment benefits last week as the number of workers sidelined by the coronavirus crisis topped 38 million, new federal data show. That indicates almost a quarter of the US workforce has tried to join the nation’s unemployment rolls in the past nine weeks as the pandemic kneecapped the global …

The US economy suffered its fastest contraction since the Great Recession as the coronavirus crisis put the country under lockdown, new federal data show. The nation’s gross domestic product — the value of all goods and services produced here — decreased by an annual rate of 4.8 percent in the first three months of the …

New York has applied for a $4 billion federal loan to help cover the ballooning cost of unemployment benefits amid the coronavirus crisis, officials said. The Empire State could use the interest-free line of credit from the federal Unemployment Trust Fund to pay for unemployment insurance benefits as needed over time, a state official said …

Crashing websites and jammed phone lines are preventing workers put out of a job by the coronavirus crisis from even applying for unemployment benefits. Some are so frustrated by the endless dropped calls that they’ve considered just giving up — even if it means foregoing some much-needed cash. “You want to keep trying because you …

A record 3.2 million people applied for unemployment benefits last week as the coronavirus crisis forced layoffs around the US, the feds said Thursday. The seasonally adjusted total reported by the US Labor Department shattered expectations as well as the previous record of 695,000 initial jobless claims in a single week, which was set in …