$600 A Week: Poverty Remedy Or Job Slayer?
The $600 weekly pandemic unemployment payments have single-handedly changed the economic equation in America as people earn more staying home than they did in the jobs they lost.
Unemployment
Job Picture Worsens: Millions More File For Unemployment, In Reversal
New claims for unemployment benefits rise to 1.4 million, a sign that the labor market is deteriorating as businesses close their doors again after the pandemic intensifies.
Rule Change Gives Laid-Off Workers More Time To Sign Up For COBRA Insurance
People who lose their job-based health plan usually get 60 days to decide to continue it — and pay more — under federal rules. But a recent pandemic-related rule change allows more decision time.
The End Of $600 Unemployment Benefits Will Hit Millions Of Households And The Economy
Millions of Americans who lost jobs during the pandemic are in danger of having their incomes cut for a second time. The sudden halt in payments would be felt in households and throughout the economy.
$600 Unemployment Benefit Ending This Week
The additional $600 that people on unemployment have been receiving is about to run out. And it's ending a week earlier than many expected.
'Devastated': As Layoffs Keep Coming, Hopes Fade That Jobs Will Return Quickly
Applications for jobless benefits are up again. "What we're seeing now is that lots more people who are unemployed are going to be unemployed for a longer period of time," economist Nick Bunker says.
'We Need Help': People At Higher Coronavirus Risk Fear Losing Federal Unemployment
An extra $600 a week in federal unemployment runs out at the end of July — even for people with underlying health conditions who are at much greater risk if they contract COVID-19.
Hiring Surged In June With 4.8 Million Jobs Added Before New Spike In Infections
The unemployment rate fell to 11.1%. But there are indications that the job growth has slowed recently amid a surge of new coronavirus infections.
Nursing Homes Struggle As Staff Choose Unemployment Checks Over Paychecks
Some nursing homes and long-term care facilities say they're struggling to fill shifts as certified nursing assistants opt for unemployment benefits during the pandemic.
It's Official: U.S. Economy Is In A Recession
The committee tasked with marking U.S. business cycles says the economy peaked in February and has since been in a recession triggered by the pandemic. But it says the recession could be short-lived.