News

A government watchdog says the Labour Department has been releasing flawed data — and finds that most states underpaid jobless Americans

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 […]
A government watchdog says the Labour Department has been releasing flawed data — and finds that most states underpaid jobless Americans
Markets

US weekly jobless claims hit 881,000, fewer filings than economists expected

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 […]
US weekly jobless claims hit 881,000, fewer filings than economists expected