U.S. Jobless-Claims Figures Inflated by States’ Backlog-Clearing

The weekly U.S. jobless claims report shows that 11 million people are on a new federal aid program geared toward the self-employed, accounting for more than a third of total claims across the country. But that figure — cited by economists alongside traditional claims in regular state programs as helping provide a more complete picture […]

Yes, That Extra $600 Really Is Making Up for Lost U.S. Income

Expanded unemployment-insurance benefits have given concrete support to U.S. personal incomes during the pandemic, according to new figures published Friday that will fuel the debate over whether to extend them when they expire next month. Compensation of employees, a measure which includes wage and salary disbursements as well as employer benefits, fell 8.3% in the […]

Americans on Jobless Benefits Post First Drop of Pandemic

U.S. states’ jobless rolls shrank for the first time during the coronavirus pandemic in a sign people are starting to return to work, even as millions more Americans filed for unemployment benefits. Continuing claims, which tally Americans’ ongoing benefit claims in state programs, fell to 21.1 million for the week ended May 16, Labor Department […]

Millions in U.S. Living on the Edge Waiting for Jobless Benefits

In this article Millions of Americans who are owed tens of billions of dollars in unemployment benefits are still waiting to receive the help they have been promised two months after the Covid-19 pandemic unleashed a historic wave of layoffs. Even as job losses continue to mount, states that have ramped up staffing and deployed […]

U.S. Jobless Claims Surge With Tally at 10 Million in Two Weeks

The number of Americans applying for unemployment benefits surged for a second week and reached about 10 million over the last two weeks, highlighting the devastating economic impact of the coronavirus as shutdowns widened across the country. A record 6.65 million people filed jobless claims in the week ended March 28, according to Labor Department […]

U.S. Betting Furloughed Is Better Than Fired for 600,000 Workers

In this article The wreckage appeared overwhelming the past few days as U.S. retailers furloughed hundreds of thousands of employees. The total might hit 1 million by week’s end. But given the reality on the ground, Heidi Shierholz, an economist for the left-leaning Economic Policy Institute, doesn’t view the announcements from big chains like Macy’s […]