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According to a recent NBC poll, only 33 percent of Americans think President Biden is doing a good job managing the economy. What do they know? Biden has backed reckless government spending that led to a supply and demand imbalance, undermined our domestic oil and gas production, which helped drive energy costs higher, and encouraged federal handouts that kept workers on the sidelines. Overall, the president can take a good bit of credit for the runaway inflation that is hurting all Americans. Now he can take credit for solving one cause of that inflation: the shortage of workers and consequent...

The percentage of white-collar workers in New York City office buildings remains abysmal. Workers aren't returning, and it's crushing the local economy.NYC's 7.6% unemployment rate is shockingly high compared with the rest of the country (nationwide average of 3.8%) as an economic recovery is slow to materialize, according to Bloomberg. There could be a muted recovery without five-day-a-week commuters because their impact on the local economy is substantial. Keycard swipes tracked by security company Kastle Systems show NYC offices are about 36% occupied, far below pre-COVID levels. Even as companies announced return-to-office dates, many implemented a hybrid work model that...

The U.S. is poised to enter Year Three of the pandemic with both a booming economy and a still-mutating virus. But for Washington and Wall Street, one Covid aftershock is starting to eclipse almost everything else. Already-hot inflation is forecast to climb even further when November data comes out on Friday, to 6.8%. That would be the highest rate since Jimmy Carter was president in the early 1980s — and in the lifetimes of most Americans. And the CPI change since last year, according to the Federal Reserve of St Louis FRED is a staggering 16.262%. And with U.S. Jobless...

New claims for unemployment insurance fell to a new post-lockdown low during the final week of October, according to data released Thursday by the Labor Department. In the week ending Oct. 30, initial claims for unemployment insurance totaled 269,000, a decline of 14,000 from the previous week’s revised level of 283,000. New weekly claims have reached the lowest total since March 14, 2020, when roughly 225,000 Americans filed first-time jobless aid applications shortly before the U.S. locked down to contain the spread of COVID-19.

Mr. Sulu, people WANT TO WORK.Your party destroys millions of jobs and then pays people NOT to work.That’s not compassionate; it’s stupid, and deeply harmful. pic.twitter.com/5UAC8GkTBy— Ted Cruz (@tedcruz) September 8, 2021 .@BetteMidler is unhappy with me.🤷🏻‍♂️ https://t.co/hVwPUznzSG— Ted Cruz (@tedcruz) September 8, 2021#Ted "Get a Job" #Cruz has a great job; he sits on his fat ass all day, collects $175,000 a year for doing ZIP but opposing #progress, with staff, office, police escorts, donors & bootlickers galore, and a pension vested after 5 years of "service". He deserves to lose that job.— bettemidler (@BetteMidler) September 7, 2021Dems really...

While the unemployment rate for Americans dropped in August, there is a political time bomb buried in the statistics for President Joe Biden and a Democratic Party increasingly focused on equity: black joblessness shot up significantly. In other words, the president who fondly boasts of a domestic policy promising to leave nobody behind has an economic recovery that is leaving a key Democratic constituency in worse shape. "The rise in black unemployment in August is certainly troubling, considering their unemployment rates were already much higher than any other group," Elise Gould, a senior economist at the Economic Policy Institute, said...

More than 2.9 million Americans are still on traditional state unemployment benefits as the number of people seeking weekly new claims appear to have settled at a level higher than previously hoped, the feds said Thursday. Continuing claims fell by 366,000 from just over 3.26 million the week before, according to data released Thursday by the Labor Department. That figure stood at almost 16 million at the same time last year, in the thick of the pandemic. Continuing claims have fallen significantly since peaks seen in 2020, but the figure remains about twice as high as pre-pandemic levels.

New weekly applications for jobless benefits rose unexpectedly last week, according to data released Thursday by the Labor Department. In the week ending July 3, the seasonally adjusted number of initial claims for unemployment insurance totaled 373,000, rising 2,000 above the previous week’s revised total of 371,000. Another 99,001 people applied for Pandemic Unemployment Assistance (PUA), a program created in March 2020 to expand jobless aid to gig workers, contractors and others who don’t qualify for traditional unemployment benefits. Twenty-six states have pulled out of the program, which expires in September.

New claims for unemployment benefits fell sharply last week, the Department of Labor said Thursday. Initial jobless claims declined to 364,000 for the week ended June 26, a decline of 51,000 from the previous week. Economists polled by Econoday had estimated 395,000 new claims. This is the lowest level of claims since March 14, 2020, just before pandemic lockdowns forced millions of Americans out of work. The 4-week moving average of claims, which smoothes out week-to-week volatility, was 392,750, a decrease of 6,000 from the previous week’s revised average. This is the lowest level for this average since March 14,...

New weekly applications for unemployment insurance rose last week for the first time since April, according to data released Thursday by the Labor Department. In the week ending June 12, seasonally adjusted initial jobless claims totaled 412,000, rising by 37,000 from the previous week’s revised level of 375,000. Claims had fallen in every consecutive week since the week ending May 1 before last, setting a series of new post-lockdown record lows.

Initial Jobless claims continued their slide week-over-week (from 385k to 376k), but remain near pandemic lows (but are still almost double those pre-pandemic levels)…However, there are still over 15 million Americans on some form of government dole…And despite over 9 million job openings, over 11 million Americans remain on some form of pandemic-specific unemployment benefits…As the chart shows, there has been very little movement OFF the pandemic-based dole in over a year. Will the Democrats ever allow those couch-sitters to be free of government handouts?

The number of Americans seeking new unemployment benefits dropped below 400,000 for the first time since March of last year — marking a new pandemic low, the feds said Thursday. Initial worker filings for jobless claims, seen as a signal of layoffs, reached 385,000 last week, down from 406,000 reported the prior week, according to data released Thursday by the Labor Department. It’s the fifth consecutive week of steady declines, but initial claims still remain substantially higher than pre-pandemic levels. The country was averaging just over 200,000 new claims per week in 2019.

Mayor Bill de Blasio admitted Thursday that the Biden administration’s generous jobless benefits are hindering the return of employees to work as businesses try to reopen from COVID-19 shutdowns. “I think there’s an issue there,” Hizzoner acknowledged when asked at his daily briefing how he plans to rev up the city’s economy again if workers find it more lucrative to stay home than return to work. “And I think what you’re going to see is more and more people taking jobs because the unemployment is going to run out soon,” he said.

Rochester News Layoffs Planned for GM Plant on Lexington Ave. in Rochester Apr 9, 2021 Layoffs are planned this summer at the General Motors plant on Lexington Avenue. Union representatives say 255 hourly and salary workers will lose their jobs in August. That's nearly one-third of the people working there. GM is now using an outside supplier for fuel injectors. And the union has been told if the plant doesn't get new work from GM, the plant will close in about a year and a half.

The number of Americans seeking unemployment benefits rose slightly last week as February’s massive winter storm roiled the coronavirus-battered labor market, the feds said Thursday. The 745,000 initial jobless claims filed last week brought the total for the COVID-19 pandemic to nearly 80.4 million — a number more than twice the size of California’s population.

New weekly jobless claims unexpectedly rose by 13,000 to 861,000 in the week that ended February 13, the Department of Labor said Thursday. Economists had expected claims to fall to 768,00 from the 793,000 initially reported for the prior week. The previous week’s figure was revised up by 55,000 to 848,000. Jobless claims can be volatile week to week so economists like to look at the four-week average. This fell to 833,250, 3,500 below the prior week’s average.

President Joe Biden is calling on the Department of Labor to make this clear: Workers are entitled to refuse employment that jeopardizes their health, without sacrificing unemployment benefits. The issue is one that's played out differently state-by-state, with millions of Americans facing the choice of toiling at the front lines of a deadly pandemic or losing their ability to put food on the table.

New weekly jobless claims fell by 89,000 to 803,000 in the week that ended December 19, the Department of Labor said Wednesday. The prior week’s initial claims number was revised up to 892,000 from the initial estimate of 885,000.

Some 742,000 Americans applied for unemployment benefits last week as a surge in coronavirus infections threatened to shut down businesses again, the feds said Thursday. The latest batch of initial jobless claims brought the seasonally adjusted total filed during the coronavirus pandemic to roughly 68.1 million — equivalent to more than 42 percent of the nation’s workforce.

Less than two months ahead of the presidential election – with concerns of foreign interference again at the forefront – a conservative political group is raising "serious concerns" about millions of donations reported by a major Democratic fundraising platform. A preliminary computer analysis by the Take Back Action Fund, obtained exclusively by Fox News, has found that nearly half of all 2019 donations to ActBlue were made by people claiming to be unemployed. Action Fund President John Pudner questioned the veracity of those donations and called it a loophole that must be closed for the sake of election integrity. "After...