
Blog
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A Big Sign That the US Economy Is on the Upswing
The number of people seeking unemployment benefits fell sharply last week to 684,000, the fewest since the pandemic erupted a year ago and a sign that the economy is improving. Thursday's report from the Labor Department showed that jobless claims fell from 781,000 the week before. It's the... Go to Source Author:
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Bars, Restaurants Give a Jolt to February Hiring
The new unemployment report is out, and the numbers are stronger than expected. The highlights: New jobs: Employers added 379,000 jobs in February, above expectations of 210,000, reports the Wall Street Journal . The figure is well above the 49,000 jobs gained in January. The rate: The unemployment... Go to Source Author: John Johnson
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This State Wants Its Money Back After Overpaying Unemployed
A recent letter in the mail to St. Louis salesman Mike Conners demanding he pay back the state of Missouri more than $7,500 in unemployment benefits caught him by surprise. But as FOX 2 reports, his letter was no anomaly: The state now says it paid out $150 million... Go to Source Author: Jenn Gidman
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Hiring Rights Itself After a One-Month Dip
The new jobs report is out, and the big number is back in positive territory. Employers added a modest 49,000 jobs in January, though that was in line with expectations of 50,000, reports CNBC . The increase may be "tepid," as the AP describes it, but it also reverses... Go to Source Author: John Johnson
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Calif.: Criminals Raided Unemployment Funds to Tune of $11.4B
From March of last year to the middle of January, California paid out some $114 billion in unemployment benefits. Now, the state's labor secretary, Julie Su, has some alarming news on about $11.4 billion, or 10%, of that figure—those payments were fraudulent, stolen by hackers, identity thieves, and... Go to Source Author: Jenn Gidman