In April, several education groups, including two national teachers’ unions, urged Congressional leaders to allocate more than $200 billion to education in addition to the CARES Act and federal relief through which Congress had just allocated nearly $31 billion in March.Read More
The number of Americans filing new unemployment claims decreased to 751,000 last week as the economy continues to suffer the effects of the ongoing coronavirus pandemic, according to the Department of Labor.
The Bureau of Labor and Statistics figure released Thursday represented a decrease of new jobless claims compared to the week ending Oct. 17, in which there were 787,000 new jobless claims reported. The figure released on Oct. 22 was the lowest since March, according to CNBC.Read More
There were only two insightful reports on the economy this past week—for jobs and housing. Both show impressive gains.
Weekly initial unemployment claims fell by 56,000, to 787,000. They are down more than 100,000 from a month ago. There has also been a substantial decline in the insured unemployment rate to 5.7 percent from 8.7 percent a month ago. Also, the number of people receiving unemployment insurance payments fell to 8.4 million; it was 12.6 million a month ago.Read More
The number of Americans filing new unemployment claims decreased to 787,000 last week as the economy continues to suffer the effects of the ongoing coronavirus pandemic, according to the Department of Labor.
The Bureau of Labor and Statistics figure released Thursday represented a decrease of new jobless claims compared to the week ending Oct. 10, in which there were 898,000 new jobless claims reported. Thursday’s figure was the lowest since March, according to CNBC.Read More
Unemployed Michiganders can get an extra six weeks of benefits under a bipartisan bill Gov. Gretchen Whitmer signed into law Tuesday.
Whitmer signed Senate Bills 886 and 991 codifying part of her now-void executive orders expanding unemployment benefits to Michiganders from 20 to 26 weeks until the end of the year.Read More
Small business relief, supporting 5.2 million small businesses and 50 million jobs, ran out on Aug. 8 and airlines ran out of money last month as massive layoffs have been ensuing.
In the meantime, House Speaker Nancy Pelosi (D-Calif.) continues to refuse a deal from President Donald Trump to extend these CARES Act programs — even if it means she loses a few seats in the House over it.Read More
Nearly 900,000 American workers filed new claims for unemployment benefits last week, an increase of 53,000 new claims from the week prior and a sign that the U.S. economy has a long way to go to recovery.
According to U.S. Department of Labor satistics released Thursday, 898,000 new claims were filed in the week ending Oct. 10, when seasonally adjusted. That’s up from the previous week’s revised level of 845,000 claims.Read More
An additional 840,000 American workers filed initial unemployment claims in the week ending Oct. 3, down about 9,000 from the previous week’s revised number but still well above pre-pandemic levels.
According to the U.S. Department of Labor, the advance seasonally adjusted unemployment rate was 7.5 percent for the week ending Sept. 26, a decrease of 0.7 percentage points from the prior week. Unemployment rate data lags the new initial claims report by a week.Read More
Is New York committing suicide?
That’s a fair question in the wake of the relentless pandemic choking major American cities. The Big Apple is plagued with joblessness, peaking with a 20% unemployment rate this summer, double the national rate.Read More
Another 275,000 jobs were added to the U.S. economy in the month of September, according to the Bureau of Labor Statistics’ (BLS) household survey, and 661,000 in the establishment survey, adding to the miraculous economic recovery that has taken place since COVID-19 lockdowns this spring as now states and businesses continue reopening at a rapid clip.Read More
Another 1 million Americans left continued unemployment claims the week of Sept. 5 on an unadjusted basis, the latest data from the Department of Labor shows.
That brings the number collecting unemployment from its 13.8 million Aug. 29 level, and from its 22.8 million May 9 level, down to its current 12.3 million, an overall decrease of 10.5 million from its peak.Read More
The number of Americans filing new unemployment claims decreased to 860,000 last week as the economy continues to suffer the effects of the ongoing coronavirus pandemic, according to the Department of Labor.
The Department of Labor figure released Thursday represented an decrease of new jobless claims compared to the week ending on Sept. 5, in which there were 884,000 new jobless claims reported.Read More
The number of Americans filing new unemployment claims decreased to 881,000 last week as the economy continues to suffer the effects of the coronavirus pandemic, according to the Department of Labor.
The Department of Labor figure released Thursday represented a decrease of new jobless claims compared to the week ending on Aug. 22, in which there were 1,006,000 new jobless claims reported.Read More
The number of Americans filing new unemployment claims decreased to 1,006,000 last week as the economy continues to suffer the effects of the coronavirus pandemic, according to the Department of Labor.
The Department of Labor figure released Thursday represented a slight decrease of 98,000 new jobless claims compared to the week ending on Aug. 15. The number was about where Wall Street analysts expected it to be, according to CNBC.Read More
Two Michigan residents have been charged in a criminal complaint for their alleged role in defrauding $1.8 million in unemployment benefits from the state.
Jermaine Rose, 41, is an employee of the State of Michigan’s Unemployment Insurance Agency whose duties include processing and verifying the legitimacy of unemployment insurance claims. Beginning in May, Rose allegedly used his employee access to authorize payment on hundreds of fraudulent claims, specifically overriding “fraud stops” on claims that had been flagged by the state computer system as potentially fraudulent.Read More
Tennessee will provide an additional $300 per week in federal assistance to people who are unemployed due to the coronavirus pandemic.
The Federal Emergency Management Agency announced it has approved Tennessee’s request for a grant to give to people on top of their regular unemployment benefits. The Lost Wage Assistance grants have been awarded to nearly half of the states.Read More
More than 1.1 million American workers filed new unemployment claims last week, a week after the number of claims dropped below the million mark for the first time since pandemic-related shutdowns were put in place in March.
According to the U.S. Department of Labor, 1,106,000 workers filed new claims on a seasonally adjusted basis in the week ending Aug. 15.Read More
If Virginia Gov. Ralph Northam opts to expand unemployment benefits by $100 a week per person, it would cost the state an additional $45 million a week, but the unemployment insurance fund already is set to run out of money in September, state officials said.
President Donald Trump signed an executive order to extend federal unemployment benefits by $300 a week, but states would have to supply an additional $100 a week, increasing the benefit to $400 a week.Read More
Around 963,000 Americans filed new unemployment claims last week, marking the first time the figure dropped below one million since March, according to the Department of Labor.
The Bureau of Labor Statistics figure released Thursday represented a decrease of 228,000 new jobless claims compared to week that ended August 1. That number also beat Wall Street analysts’ expectations, according to CNBC.Read More
Michigan Gov. Gretchen Whitmer lashed out at President Trump in a statement on Sunday after the president cut the enhanced federal unemployment benefit from $600 a week to $400 a week after Democrats in the House failed to make a deal with the Republican-controlled Senate on the matter.
Trump signed four executive orders on Saturday, one of which lowers the enhanced unemployment benefit by a third through the end of the year, with states being required to contribute $100, according to MLive. Unemployed Americans originally received $600 per week through the CARES Act, which expired July 31.Read More
Some unemployed workers received nearly twice as much money through unemployment insurance (UI) payments authorized through the CARES Act than they earned when they were employed, a new study from the Foundation for Government Accountability (FGA) found.
In response to states shutting down economies over coronavirus fears, Congress passed several relief bills, including the Families First Coronavirus Response Act (FFCRA) and the Coronavirus Aid, Relief, and Economic Security (CARES) Act. These two bills expanded the UI benefit period, suspended work search requirements, included newly eligible individuals, and added a $600-per-week unemployment benefit enhancement through July 31.Read More
Tennessee saw 19,461 new unemployment claims for the week ending on July 25, according to the Tennessee Department of Labor and Workforce Development (TDLWD).
The number of new jobless claims dropped from 25,794 the week prior (ending July 18).Read More
The Department of Labor reported Thursday that over 1.4 million Americans filed additional claims for unemployment last week, marking the first weekly increase in claims since March.
The number of Americans filing for unemployment had been declining each week before mid-July, but the Thursday report marks the 18th week in a row that unemployment claims have been above one million, CNBC reported.Read More
Another 630,000 Americans came off continuing unemployment claims the week ending June 27, according to the latest unadjusted data from the U.S. Department of Labor, proving President Donald Trump is right about the economy rapidly recovering from the COVID-19 pandemic state-based shutdowns.
Since the week ending May 9, unadjusted continuing unemployment claims have dropped from 22.8 million to 16.8 million the week ending June 27, a massive turnaround of 6 million Americans who temporarily found themselves on unemployment benefits but then rapidly came off of it on a net basis.Read More
More than a quarter of a million Tennesseans have open unemployment claims with the Department of Labor and Workforce Development.
While some unemployed claimants have waited more than nine weeks to receive a first benefit payment, the department said it is continuing to adapt to meet the unprecedented demand.Read More
The U.S. added 4.8 million jobs in June, while the unemployment declined to 11.1%, according to Department of Labor data released Thursday.
Total non-farm payroll employment rose by 4.8 million in June, according to the Bureau of Labor Statistics report, and the number of unemployed persons fell by 3.2 million to 17.8 million. These numbers mark the second month of both increasing jobs and dropping unemployment since the country lost a record 20.5 million jobs due to the coronavirus pandemic closures.Read More
The federal unemployment insurance emergency payments of an additional $600 per week to those laid off because of COVID-19 restrictions discourages work and slows down economic recovery, several reports indicate. Several congressmen have introduced proposals to address the issue.
A report published by the Foundation for Government Ability (FGA) found that by nearly tripling average unemployment benefits through the CARES Act, “Congress has created a situation where unemployment now pays better than work” for roughly 68 percent of U.S. workers.Read More
The number of laid-off workers seeking U.S. unemployment benefits dipped only slightly last week, and the economy shrank in the first three months of the year — evidence of the ongoing economic damage being inflicted by the viral pandemic.Read More
Gov. Gretchen Whitmer touted her stay-at-home policies on Thursday after a new report showed a drop in infection rates after the implementation of the orders, even as the report itself warns that the pandemic is not yet over.
The Imperial College COVID-19 Response Team released a report on May 24 detailing how stay-at-home orders and other interventions impacted the infection rate in individual states in the U.S. The report shows that Michigan’s rate of infection fell as Whitmer instituted various polices such as closing restaurants and schools. It continued to fall when she instituted a stay-at-home mandate on March 23, crossing the threshold of infection rates fewer than one around March 30.Read More
More than 29,209 Minnesota workers joined the ranks of the unemployed in the week ending June 6, bringing the total number of state residents filing unemployment claims to 439,782 since government restrictions were put in place to slow the spread of COVID-19.
Week-over-week, Minnesota witnessed an increase of nearly 7,555 new claims from the prior week, during which 21,654 new claims were reported.Read More
About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, evidence that many Americans are still losing their jobs even as the economy appears to be slowly recovering with more businesses partially reopening.
The latest figure from the Labor Department marked the 10th straight weekly decline in applications for jobless aid since they peaked in mid-March when the coronavirus hit hard. Still, the pace of layoffs remains historically high.Read More
Gov. Gretchen Whitmer extended an executive order last week that temporarily suspended certain requirements relating to the youth work permit for Michigan workers.
The order allows suspends applications “to the extent it requires an application of a work permit to be made in person,” according to the order. It allows applications to be submitted by mail, email, fax or a web-based form.Read More
Michigan was home to 17 of the 25 counties with the highest unemployment numbers in the nation in April.
According to a database from Lansing State Journal, Cheboygan County led the nation in unemployment with a 41.2 percent unemployment rate. Second in the nation was Mackinac County at 38.1 percent.Read More
The number of new unemployment claims filed last week dropped to 1.88 million, the first time weekly claims didn’t exceed 2 million since mid-March.
Still, the total number of claims filed since government restrictions closed businesses deemed nonessential to slow the spread of COVID-19 surpassed 42 million in the 11 weeks since states began shutting down significant parts of their economy.Read More
The epic damage to America’s job market from the viral outbreak will come into sharper focus Friday when the government releases the May employment report: Eight million more jobs are estimated to have been lost. Unemployment could near 20%. And potentially fewer than half of all adults may be working.
Beneath the dismal figures will be signs that job cuts, severe as they are, are slowing as more businesses gradually or partially reopen. Still, the economy is mired in a recession, and any rebound in hiring will likely be painfully slow. Economists foresee unemployment remaining in double-digits through the November elections and into 2021.Read More
More than 40 million Americans have filed unemployment claims since mid-March, when state governments across the U.S. began restrictions to slow the spread of COVID-19, including closing businesses deemed nonessential.
Last week, an additional 2.12 million workers filed claims, according to U.S. Department of Labor data released Thursday, the 10 consecutive week in which new jobless claims were in the millions. The 2.12 million claims from the week ending July 23 is down 323,000 from the 2.44 million workers who filed for benefits in the week ending May 16 and is the lowest number of new claims since the week ending March 15.Read More
Minnesota’s unemployment rate increased to 8.1 percent in April, the first full month impacted by coronavirus restrictions.
Between March and April, the state’s unemployment rate jumped from 2.9 percent to 8.1 percent. Nationally, the unemployment rate rose from 4.4 percent in March to 14.7 percent in April.Read More
The Great Awakening.
History books tell us “The Great Awakening” was (according to Wikipedia), “The First Great Awakening (sometimes Great Awakening) or the Evangelical Revival was a series of Christian revivals that swept Britain and its Thirteen Colonies between the 1730s and 1740s. The revival movement permanently affected Protestantism as adherents strove to renew individual piety and religious devotion. The Great Awakening marked the emergence of Anglo-American evangelicalism as a trans-denominational movement within the Protestant churches. In the United States, the term Great Awakening is most often used, while in the United Kingdom, it is referred to as the Evangelical Revival.”Read More
Ohio voters could decide a constitutional amendment to cover the cost of unemployment payouts in the wake of the COVID-19 pandemic.
Senate Joint Resolution 4, if passed, would allow voters to decide whether to issue the bonds “to repay any federal borrowing in support of Ohio’s unemployment compensation program,” Ohio Senate President Pro Tempore Bob Peterson, R-Washington Court House, said during a Senate Finance Committee hearing.Read More
More than 47,000 people filed for unemployment in Michigan in the week ending May 9, bringing the state total to more than 1.7 million people in the state who have filed for unemployment insurance, according to recently released data from the U.S. Department of Labor.
According to the data, 47,438 people in Michigan filed for unemployment insurance in the state in the week ending May 9, down nearly 20,000 claimants from the previous week. Nearly 3 million people filed nationally.Read More
More than 40,000 filed for unemployment insurance in Minnesota, bringing the state total to nearly 700,000, according to recent data.
Data from the U.S. Department of Labor showed that 40,427 people filed for unemployment insurance benefits in the week ending May 9. That number is down a little more than 1,000 applicants from the week prior.Read More
New jobless claims continued their COVID-19 surge last week, driving the total number of those filing for unemployment benefits to more than 36 million over the past two months.
Even as many states across the country began easing restrictions and slowly reopening their economies, 2.98 million Americans filed for new unemployment benefits for the week ending May 9, according to data released Thursday by the U.S. Department of Labor.Read More
President Donald Trump may prohibit some temporary workers from entering the U.S. in an executive order later this month, the Wall Street Journal reported Friday.
Trump’s anticipated order, much like his recent immigration ban, is meant to help mitigate the spread of coronavirus while protecting U.S. workers amid a monumental downturn in the economy, the WSJ reported.Read More
25.4 million Americans have lost their jobs since February through mid-April, the Bureau of Labor Statistics reports — 17.3 million who are unemployed, and another 8.1 million who have left the labor force completely — in response to the Chinese coronavirus pandemic as Americans sit home and wait it out.
Although the Bureau tabulates a reported unemployment rate of 14.7 percent, if you count the 8.1 million who left the labor force, too, plus the 5.8 million who were already unemployed, and the number looks more like 18.9 percent.Read More
The U.S. economy lost 20.5 million jobs in April, while the unemployment rate rose to 14.7%, according to Department of Labor data released Friday.
Total non-farm payroll employment fell by 20.5 million in April, according to the Bureau of Labor Statistics report, and the number of unemployed persons rose by 15.9 million to 23.1 million.Read More
A Republican lawmaker put forward an amendment Thursday that would suspend Gov. Tim Walz’s salary during the course of his peacetime emergency declaration.
The move is the latest escalation in a battle between Republican and Democratic lawmakers over the best course of action in addressing the coronavirus pandemic. House Minority Leader Kurt Daudt (R-Crown) announced last weekend that he would block a public works bill from being passed until Walz agreed to relinquish his emergency powers.Read More
More than 600,000 Minnesotans have filed for unemployment since the beginning of the coronavirus pandemic.
According to the Department of Employment and Economic Development (DEED), the state has had 633,405 applications for unemployment insurance since March 16. That number represents a little more than 20 percent of the state’s workforce, Fox 9 reported Wednesday.Read More
The Ohio Department of Jobs and Family Services has set up a page on their website where employers can report employees who refuse to return to work as businesses set to reopen in the state.
Under the latest “Stay Safe Ohio” order, medical care such as a dentist or doctor visit that does not require an overnight stay reopened on May 1. Manufacturing, construction and distribution, as well as “general office environments,” reopened on May 4. Retail and service businesses are set to reopen on May 12, with social distancing practices.Read More
by Robert Romano The unemployment rate will likely continue rising as the spread between the 10-year treasury on one side, and the 2-year and 3-month treasuries on the other, continue rising over the next weeks and months, an analysis of interest rates over the past four recession shows, according to…Read More
Nearly 1 million Ohioans have filed for unemployment since Gov. Mike DeWine shut the state down, and the governor has responded by calling for a “Spirit Week” to have “#SpiritWeekOhio fun” which includes wearing pajamas.
Six of the state’s most influential business organizations last week sent a letter to Gov. Mike DeWine last week urging him to reopen the economy as nearly one million Ohioans have now filed unemployment claims since the start of the coronavirus pandemic, as The Ohio Star reported Monday. The letter was signed by the Ohio Chamber of Commerce, Ohio Business Roundtable, the Ohio Manufacturers’ Association, the Ohio Council on Retail Merchants, Ohio Farm Bureau, and NFIB-Ohio.Read More