More than 1,000 left-wing protesters gathered at the Minnesota Capitol on April 4, 1937, to support Gov. Elmer Benson as he tried to persuade the legislature to pass a $17 million aid package for the unemployed. About 200 of the protesters stayed...
Related topics: Senate, Protests
In the context of today’s post-pandemic labor shortage and jobs reshuffling, our economy needs all hands on deck. At the end of August, the number of job openings was 10.4 million. Even if we were able to match all currently unemployed workers to...
US politicians often place major bets on Wall Street.
Angela Weiss/Getty Images
US futures rose Friday after stocks notched their biggest gain since March the previous day.
Strong earnings and falling US jobless claims cheered investors, while...
Related topics: Bitcoin
For most Americans, 2020 was a challenging year. But for thieves and fraudsters looking to exploit government assistance, it was a banner year.
Federal policies meant to aid out-of-work individuals at the height of the COVID-19 pandemic made the...
It's been over two years since Jenelle Evans got fired from Teen Mom 2, and she and husband David Eason both remain unemployed.
In a way, we're sympathetic.
Job prospects in their area must look rather bleak for two people who were previously...
New applications for US unemployment benefits have dipped below 300,000 for the first time since the pandemic began, a milestone in the labor market's recovery from the devastation wrought by the virus last year.
The weekly applications for jobless...
The number of Americans applying for unemployment benefits fell to its lowest level since the pandemic began, a sign the job market is still improving even as hiring has slowed in the past two months.
Unemployment claims dropped 36,000 to 293,000...
Writes Jennifer Rubin, in "We should not have to guess why Americans are quitting en masse" (WaPo).She says that right after asserting: "We know what is not a cause: unemployment benefits."She proceeds to say: "Academics, private pollsters and...
The Number Of Americans On Benefits Crashes To Less Than 4 Million, Down 25 Million From Year Ago
For the first time since early March 2020, less than 300k Americans filed for first time unemployment benefits last week...
Source:...
Related topics: Bloomberg
This week, the Biden administration received just the latest slap in the face from cruel reality: An economic report showing just 194,000 jobs added in the month of September, short of the 500,000 jobs forecast by most economists.
The...
Related topics: Joe Biden
The September employment report released on Oct. 8 showed a modest employment gain, with 194,000 new jobs added, and a drop in unemployment from 5.2% in August to 4.8%.
What appears to be good news in the report—a 0.4 percentage point drop in...
The September jobs report released by the Bureau of Labor Statistics (BLS) showed that August's disappointing job growth was not a fluke. In an era of rushed reporting, motivated by 24-hour news cycles and politically weaponized talking points, we...
The ending of the treasury's 'furlough' scheme a fortnight ago for workers made redundant by COVID-19 lockdown restrictions raised fears of a sharp rise in unemployment. But figures for the summer period showed more people in work than ever before.
My Two-for-Tuesday morning train WFH reads:
• America’s unemployed are sending a message: They’ll go back to work when they feel safe – and well-compensated September marked the weakest hiring this year, and an alarming number of women had...
Many business owners, Republican governors, and plenty of media figures spent the late spring and the summer pushing the idea—let’s just call it a lie up front, shall we?—that increased unemployment benefits were keeping people from looking...
In February 2020, unemployment was at a five-decade low of 3.5%. It rose to a five-decade high at 14.2% in April, driven by the sudden start of the COVID-19 pandemic. A rapid rise in gross domestic...
In the first month after the Biden administration allowed a pandemic-era unemployment benefit boost used by 8 million people to expire, the US economy recorded its slowest increase since US President Joe Biden took office in January.
Related topics: Joe Biden
The September jobs numbers released on Friday suggest that the GOP governors who decided to end federal unemployment payments failed to accomplish their goal of jumpstarting the economy out of its pandemic-era mire — something experts predicted...
The much-awaited September nonfarm payrolls number from the U.S. Bureau of Labor Statistics (BLS) came out with another disappointing headline: 194K, less than half the 500K analysts had been expecting. On the other hand, the Unemployment Rate...
Transportation Secretary Pete Buttigieg, Labor Secretary Marty Walsh, and Housing and Urban Development Secretary Marcia Fudge on May 7, 2021 in Washington, DC.
Alex Wong/Getty Images
The US added only 194,000 jobs in September, far below...
Related topics: Joe Biden