unemployment

The tight labor market is giving workers renewed confidence in their ability to find a better job, and they’re quitting at record rates.

The Labor Department determined it doesn’t have the legal authority to stop states from ending unemployment benefits through federal programs, an official said.

It’s a good idea to reevaluate how you are budgeting your money when your income changes, according to Delano Saporu, founder of New Streets Advisors Group.

The share of unemployed Americans out of work for six months is falling, an encouraging sign, economists say. Though it might not all be for good reasons.

Rideshare industry prices are surging as summer travel demand pushes things like airfare and car rental costs to new heights.

More than two dozen states are opting out of federal unemployment programs. But the IRS will start sending parents up to $300 a month per kid starting July 15.

A new report from Congress’s Joint Economic Committee finds ending pandemic-era federal unemployment programs will cost states billions of dollars.

First-time filings totaled 385,000, a decline from the previous week’s 405,000 and below the estimate of 393,000.

Almost half of states are ending federal unemployment benefits early. But some economists say that isn’t a wise move for workers or the economy.

There was a modest though temporary increase in job-search activity among states withdrawing from federal unemployment programs, according to Indeed.

Almost two weeks after the IRS said taxpayers could expect refunds on 2020 unemployment insurance taxes, the payments have not materialized for many.

Jobless claims totaled 406,000 last week, better than the estimate of 425,000.

Most Americans think Republican states are doing the right thing by withdrawing from federal unemployment benefit programs, according to a Quinnipiac poll.

The IRS will start sending payments of the child tax credit July 15, around the time when two dozen states are withdrawing from federal unemployment programs.

Four of the nearly two dozen states ending federal unemployment benefits are instead paying one-time return-to-work bonuses of up to $2,000.

People applying for unemployment benefits in Connecticut will again have to show they are actively searching for work beginning May 30. The mandatory work search requirement was waived in March 2020 at the beginning of the COVID-19 pandemic. Hundreds of thousands of people in Connecticut lost their jobs as the state shut down due to the virus outbreak last year….

Initial claims for jobless benefits totaled 444,000 last week, better than the 452,000 Dow Jones estimate.

Some Connecticut buinesses struggling to hire employees hope the governor’s new plan to get people back to work will be successful. Beginning Monday, the state will offer residents starting a new full-time job a $1,000 bonus at the end of two months of work. The incentive will be available to a total of 10,000 individuals. The incentive comes as many…

Taxpayers with the simplest tax returns will receive refunds on taxes paid on 2020 unemployment insurance benefits first.

Around a dozen Republican-led states are exiting federal unemployment programs a few months early. There may be a workaround for some recipients.