The numbers: New applications for U.S. unemployment benefits rose in mid-February to a four-week high of 861,000, showing lots of Americans are still losing their jobs nearly a year after the onset of the coronavirus pandemic. Initial jobless claims filed traditionally through the states rose by 13,000 to 861,000 in …
Read More »: Gig workers are eligible for extra unemployment under new stimulus deal — but they must clear one big hurdle first
In an effort to combat fraudulent unemployment insurance claims, which have been rampant in some states during the pandemic, gig workers and self-employed workers will be required to provide documentation of their earnings to get unemployment benefits under the new stimulus package. Gig workers and self-employed people aren’t traditionally eligible …
Read More »The Moneyist: ‘They get free money’: People will receive a $600 stimulus check and $300 extra unemployment. Why is there no accountability?
Dear Moneyist, I am concerned that people are receiving another 11 weeks of unemployment benefits along with an extra $ 300 per week. I don’t have a problem with providing assistance to those who need it. It’s so sad to see families suffering financially. But what about these other people …
Read More »Outside the Box: To save thousands of lives, Congress must extend unemployment benefits and paid leave
Predictions for the coming months are dire. In much of the country, the rate of COVID-19 infections is higher than it was last spring. Vaccines are already being administered in the U.K. and should soon begin to be administered in the U.S., but the pandemic is not over yet. Epidemiologists predict that by spring 2021, when it is likely a vaccine may become more widely available, another 200,000 …
Read More »Personal Finance Daily: 12 million Americans to lose unemployment benefits day after Christmas and the U.S. pays the most for prescription drugs
Hi, MarketWatchers. Don’t miss these top stories: Personal Finance 12 million Americans will lose their unemployment benefits the day after Christmas These Americans are in ‘grave danger’ if lawmakers leave them behind, wrote the authors of a new report. 6 tax moves to consider before the end of the year …
Read More »Economic Report: U.K. unemployment rate reaches higher-than-expected 4.5%
Members of the public walk past the Cineworld cinema in Leicester Square on October 05, 2020 in London, England. Dan Kitwood/Getty Images The U.K. jobless rate jumped to 4.5% in the June to August period, the Office for National Statistics reported on Tuesday. The unemployment rate was higher than the …
Read More »Economic Report: U.K. employment picture worsens in August as payrolls fall, unemployment rate increases
Workers wear NHS Test and Trace branded Hi-Vis jackets as they work at a COVID-19 testing centre in Bolton, northern England on September 9, 2020, as local lockdown restrictions are put in place due to a spike in cases of the novel coronavirus in the city. oli scarff/Agence France-Presse/Getty Images …
Read More »More than 30 states are preparing to distribute an extra $300 in unemployment benefits — but how long will that last?
More than 30 states have been approved by the Federal Emergency Management Agency to start distributing an extra $ 300 a week in weekly unemployment benefits. The $ 300 federal add-on results from executive actions taken by President Donald Trump this month in the form of three memos and one …
Read More »Some Americans have started to receive the extra $300 in unemployment — if you live in these states, you’re next on the list
More than 250,000 unemployed people in Arizona became the first Americans to receive an extra $ 300 in weekly unemployment benefits on Monday following executive actions taken by President Donald Trump. An executive order that Trump signed Aug. 8 calls for distributing an additional $ 300 in weekly unemployment benefits …
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