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Jobless claims

COVID & Unemployment

Head spinning from all the unemployment numbers? Blame COVID-19.

by Mitchell Hartman
Sep 10, 2020
The pandemic has led to churn in the job market — layoffs, rehires and new hires that reflect shifting demand in the economy.
A bartender pours drinks for customers in Austin, Texas, in May. There's a lot of churn in the labor market due to COVID-19.
Sergio Flores/AFP via Getty Images
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COVID & Unemployment

Jobless claims rise; job postings fall

by Marielle Segarra
Aug 20, 2020
This may be further evidence that the economic recovery is slowing or stalling.
A dealer at work at a casino in Las Vegas in June. Jobs have fallen dramatically in tourism and hospitality.
Ethan Miller/Getty Images
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COVID & Unemployment

Jobless claims see continued dip but recovery not yet within reach

by Mitchell Hartman
Aug 13, 2020
While new jobless claims fell below 1 million for the first time in 21 weeks, we're still a long way away from a "good" economy.
A store advertising a job opening in Venice Beach, California.
David McNew/Getty Images
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COVID & Unemployment

With a continuing wave of job cuts, another 1.4 million Americans sought unemployment benefits

by Associated Press
Jul 30, 2020
More than 1.4 million laid-off Americans applied for unemployment benefits last week
A spike in virus cases has led many states to halt plans to reopen businesses and has caused millions of consumers to delay any return to traveling, shopping and other normal economic activity.
Mario Tama/Getty Images
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COVID & Unemployment

The pros and cons of extending additional unemployment benefits

by Sabri Ben-Achour
Jul 28, 2020
Money in jobless people's pockets can stimulate the economy, but longer unemployment payments could slow a recovery, experts say.
Baristas prepare drinks at a coffee shop in North Carolina. Some say high unemployment benefits are discouraging employees from returning to work during the pandemic.
Al Drago/Getty Images
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COVID & Unemployment

How the loss of $600 a week will impact jobless people we've been following

by Mitchell Hartman
Jul 22, 2020
For some people, moving might be an option. For others, not much might change.
An applicant fills out an unemployment benefits form in Virginia. Temporary relief payments are scheduled to end soon.
Olivier Douliery/AFP via Getty Images
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COVID & Unemployment

Extra unemployment benefit during pandemic boosts spending

by Nancy Marshall-Genzer
Jul 16, 2020
Normally, jobless workers receiving unemployment cut their spending by 7%. But a JPMorgan Chase study found it's rising — by 10%.
An employee administers a temperature check outside an Apple store. The government bonus paid to unemployed workers is scheduled to end at the end of this month.
Sean Rayford/Getty Images
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COVID-19

COVID-19 jobless claims are now over 40 million. Many are still waiting for unemployment benefits.

by Mitchell Hartman
May 28, 2020
As weekly jobless claims continue to climb, unemployment systems are still processing a backlog.
Since pandemic lockdowns began, at least 30 million Americans have been approved to receive state or federal unemployment benefits.
Cindy Ord/Getty Images
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COVID-19

With latest wave of COVID-19 layoffs, 2.4 million more Americans file for unemployment

by Associated Press
May 21, 2020
Another 2.2 million sought aid under a new program for self-employed, contractor and gig workers.
Roughly 38.6 million people have now filed for jobless aid since the coronavirus forced millions of businesses to close their doors.
Olivier Douliery/AFP via Getty Images
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COVID-19

Half of Americans who lost work or wages are getting $0 jobless benefits

by Mitchell Hartman
May 18, 2020
Workers lost $80 billion in pay in April due to the pandemic, but only got $48 billion in unemployment benefits, according to the Hamilton Project.
An applicant fills out an unemployment benefits form in Virginia. Temporary relief payments are scheduled to end soon.
Olivier Douliery/AFP via Getty Images
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