The Labor Department has concluded it has limited authority to step in to keep aid flowing. Some unemployed workers feel they are being punished.
An administration official says they've been trying to figure out what they can do, but DOL is generally limited to administrative funding matters.
The government could keep 400,000 people from losing all their benefits, per one projection. Sanders says the government is "obligated" to step in.
The Labor Dept. expanded unemployment eligibility for workers including school employees affected by closures and people who lost hours from Covid.
Job openings in the US unexpectedly increased in October, though the hiring rate failed to show a similar improvement. US job openings jumped by 158,000 to 6.7 million through the month, according to Job Openings and Labour Turnover, or JOLTS, survey data. Economists expected a month-over-month decline to 6.3 million […]
New US jobless claims for the week that ended Saturday totaled 712,000, the Labour Department said Thursday. The reading came in below the consensus economist estimate of 775,000 and also showed a decline from the previous week’s revised figure. Continuing claims, which track Americans receiving unemployment benefits, declined to 5.5 […]
The Labour Department reported false counts of week-to-week jobless-benefits claims, and several states underpaid unemployed Americans through a key economic relief program, the Government Accountability Office said Monday. Inconsistent state data, claims backlogs, and potential fraud in the benefits system resulted in “flawed week-to-week comparisons” of jobless-claims data, the government […]
Job openings in the US gained for the third month in a row in July as the labour market continued its steady climb from pandemic-induced lows. US job openings gained by 617,000 to 6.6 million through the month, according to Job Openings and Labour Turnover, or JOLTS, survey data. The […]
Summary List Placement Hundreds of thousands of Americans filed for unemployment insurance last week as coronavirus-driven layoffs persisted. But the figures weren’t as dire as experts expected. New US weekly jobless claims totaled an unadjusted 881,000 for the week that ended Saturday, the Labour Department reported Thursday. That came in […]
Summary List Placement Economists expect that Friday’s August nonfarm payrolls report, set to be released by the Labour Department, will show that the pace of the recovery from the coronavirus pandemic has lost further momentum. The median economist estimate is that the US economy added back 1.37 million jobs in […]
US job growth is expected to be 0.4% annually, or an additional 6 million jobs, between 2019 and 2029, according to projections released Tuesday by the Labour Department. That’s slower growth than the 1.3% annual rate between 2009 and 2019, following the Great Recession. The projections do not account for […]
Trump’s unemployment extension may only guarantee an extra three weeks of additional $US300 benefits for jobless Americans, according to FEMA guidance released Monday. The agency also estimated it could take an “average” of three weeks from Trump issuing the memo for the first federal payments to start flowing – meaning […]
US hires jumped a record 2.4 million in May to an all-time high of 6.5 million, according to the Job Openings and Labour Turnover Survey, or JOLTS, released Tuesday by the Labour Department. Job openings also increased to 5.4 million during the month. The JOLTS report lags the nonfarm payrolls […]
A senior economist at the University of California Los Angeles predicted the US economy’s gross domestic product will shrink by 42% in second-quarter-2020, before recovering in early 2023. “It will take time for all the king’s horses and all the king’s men to put the economy back together again,” David […]
US job openings fell to 5.05 million in April from a revised 6.01 million in March, a Tuesday report by the Labour Department showed. At the same time, separations – which include layoffs and quits – slumped to 9.89 million from a record 14.64 million a month earlier. “Today’s report […]
The US Bureau of Labour Statistics on Friday said the US unemployment rate spiked to 14.7% in April as the coronavirus outbreak forced widespread economic shutdowns. That’s the highest level since the Great Depression. The data also showed that nonfarm payrolls contracted by 20.5 million in April, by far the […]
The April nonfarm payrolls report will be released Friday from the Labour Department. It’s anticipated to be one of the worst jobs reports ever. Economists surveyed by Bloomberg expect the US economy lost 21 million jobs in April and that the unemployment rate to spiked to 16%, the highest on […]