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Keyword: unemployment

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  • Why do so many people with expensive college degrees settle for low-paying jobs?

    01/16/2021 9:17:45 PM PST · by SeekAndFind · 93 replies
    Quora ^ | 01/16/2021 | Thomas B Walsh, former Systems Engineer at IBM
    You can’t be serious, Dude. There was a time in the US when you could get a great job if you earned a bachelor’s degree in “anything.” The catch is that JFK was president at the time. Most parents (and their students) are oblivious to how college really works today. In some ways it is hard to blame them. Colleges and universities have a powerful public relations team, pushing the message 24/7 that "college is for all." The team is made up of educators, guidance counselors, financial aid officers, politicians, pop culture, special interest groups--like the College Board, and college...
  • Close to 800,000 in U.S. file new unemployment claims

    12/31/2020 8:56:13 AM PST · by ChicagoConservative27 · 20 replies
    Breitbart ^ | 12/31/2020 | UPI
    Dec. 31 (UPI) — Close to 800,000 more U.S. workers have filed new unemployment claims, the Labor Department said Thursday in its weekly report. The department said about 787,000 Americans filed new claims for the week ending last Saturday, a decrease of 19,000 from the previous week.
  • No lapse in unemployment benefits for gig workers, long-term unemployed, says Labor Dept.

    12/30/2020 9:00:52 PM PST · by blueplum · 4 replies
    NBC news via MSN ^ | 30 Dec 2020 | Alicia Adamczyk
    ...the Department of Labor “does not anticipate” that there will be a lapse in unemployment benefits for claimants in the Pandemic Unemployment Assistance (PUA) and Pandemic Emergency Unemployment Compensation (PEUC) programs, a spokesperson for the agency told CNBC.... ...Unemployment experts and other lawmakers had said that because President Donald Trump signed the legislation on Sunday as opposed to Saturday, people collecting PUA and PEUC benefits would miss a week of payments. But now the DOL says they can expect to receive....
  • Trump averts shutdown, signs $2.3 trillion spending and COVID relief bill

    12/27/2020 10:29:17 PM PST · by bitt · 67 replies
    justthenews.com ^ | 12/28/2020 | john Solomon
    Trump had refused to sign a Covid relief bill until Congress raised the amount of money paid to everyday Americans. President Trump on Sunday night signed a $2.3 trillion federal spending and COVID relief bill, averting a government shutdown and ensuring millions of Americans continue to get unemployment benefits. Despite his misgivings about wasteful spending and low stimulus payments in the bill, Trump said he signed the legislation because “I have an obligation to protect the people of our country“ from further economic devastation. He said, however, “more money is coming” as Congress votes this week on larger checks. The...
  • My Somewhat Better $2000 Base Plan

    12/27/2020 7:23:50 AM PST · by Brian Griffin · 34 replies
    12/27/2020 | Brian Griffin
    Perhaps $2000 could be issued for each SSN holder for whom over $1000 in FICA&SE taxes was paid in four quarters within the tax years 2018-2019 who lacked total state unemployment insurance (UI) income in excess of $6000 in the previous UI quarter at least 30 days prior to enactment. If in excess $6000 but less than $14000, the $2000 would be reduced by 25 percent of the excess. Payment would done by the claimant's state unemployment office at least three federal business days after electronically filing a 1099-DJT for $2000(or lower amount) with the IRS so duplicate payouts under...
  • Jobless Claims Top 800,000 For Third Straight Week

    12/23/2020 8:26:42 AM PST · by ChicagoConservative27 · 7 replies
    Breitbart ^ | 12/23/2020 | John Carney
    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.
  • Congress close to deal on stimulus checks, business loans, unemployment boost

    12/17/2020 9:39:44 AM PST · by ChicagoConservative27 · 13 replies
    nypost ^ | 12/17/2020 | Steven Nelson
    After about eight months of gridlock, Democrats and Republicans in Congress are nearing a deal on more COVID-19 stimulus checks, small-business loans and unemployment insurance aid. The final details of the relief package are being haggled over ahead of a government funding deadline at midnight Friday, but negotiators have shared the broad outlines with reporters. The deal is expected to include direct checks of either $600 or $700 for most Americans, a $300 weekly unemployment supplement and a large amount of forgivable small-business loans.
  • More than two-thirds of undocumented immigrant workers have jobs "essential" to Covid fight, says study

    12/16/2020 8:19:44 PM PST · by blueplum · 20 replies
    NBC news via MSN ^ | 16 Dec 2020 | Julia Ainsley and Didi Martinez
    ....Sixty-nine percent of undocumented immigrant workers have jobs deemed essential by the Department of Homeland Security, according to the study, which is based on the 2019 American Community Survey by the Census Bureau. The study also estimated that nearly one in five essential workers is an immigrant. By contrast, the Trump administration has argued that protecting American jobs against foreign workers is crucial to fixing the economic harm caused by Covid-19.
  • California unemployment fraud during pandemic may total $2B, Bank of America says

    12/07/2020 6:33:13 PM PST · by BenLurkin · 17 replies
    ktla ^ | 12/07/2020
    Bank of America estimated Monday that fraud in California’s unemployment benefits system could total $2 billion, and said it has identified 640,000 accounts with suspicious activity that should be investigated to determine whether they are bogus and should be shut down. The bank, which has contracted with the state Employment Development Department to issue debit cards containing unemployment benefits, issued the warning in a letter to state legislators. It represents the highest estimate of fraud yet in a system that has paid $110 billion since the COVID-19 pandemic triggered a wave of joblessness in California beginning in March.
  • Senator Schumer calls for federal action as unemployment benefits are set to expire soon

    12/07/2020 10:50:55 AM PST · by ChicagoConservative27 · 23 replies
    WIVB ^ | 12/06/2020 | WIVB
    ALBANY, N.Y. (WIVB)–Senator Chuck Schumer is calling on Congress to pass a new round of jobless benefits before it’s too late. New federal labor numbers show more than 13-million Americans are receiving unemployment benefits through Cares Act programs, but those funds will expire the day after Christmas. Senator Schumer says rising covid infections are likely to hurt hiring, putting more families in peril. “So many millions have been thrown out of work through no fault of their own. They’ve been living not luxuriously, and on less salary, than they usually get through the pandemic unemployment insurance that we passed.”
  • November Report Shows 245,000 Jobs Added, Unemployment at 6.7%

    12/04/2020 7:26:21 AM PST · by SeekAndFind · 8 replies
    Townhall ^ | 12/04/2020 | Reagan McCarthy
    The Department of Labor's monthly report showed that the economy added 245,000 jobs in November, when projections hoped that 440,000 jobs would be added. The unemployment rate decreased to 6.7 percent as COVID cases begin to spike again. BREAKING: U.S. added 245,000 jobs in November, vs 440,000 expectedhttps://t.co/5zpXf4Im9a pic.twitter.com/Fj0ysTHfM9 — CNBC Now (@CNBCnow) December 4, 2020#JobsReport: Job creation slowed in Nov, well below expectations. Payroll jobs in private sector were ??344,000.Unrate is ??8 % pts from April high but 3.2 % pts higher than Feb. Unemployed, at 10.7M, trends down in Nov but is 4.9M higher than Feb.@WSJ graphics below....
  • Wisconsin Unemployment Agency Delivering Unhappy Holidays

    11/28/2020 4:04:11 AM PST · by Kaslin · 13 replies
    Townhall.com ^ | November 28, 2020 | M.D. Kittle
    MADISON — As the holidays approach, thousands of Wisconsinites are still waiting for their Unemployment Insurance benefits to come through months after they first applied. Now, Gov. Tony Evers’ interim Department of Workforce Development secretary is saying she hopes to have much of the unemployment backlog cleared by the New Year. The new goal, after the last disgraced DWD chief said the mountain of claims would be settled by last month, isn’t much consolation for claimants who have been waiting since July. Like Shelli Wodsedalek. The Manitowoc tax professional this week posted on the Wisconsin Unemployment Facebook page that her...
  • California Inmates, Including Scott Peterson, Collected Millions in COVID-19 Unemployment Scam

    11/25/2020 7:29:02 AM PST · by Rusty0604 · 12 replies
    Legal Insurrection ^ | 11/25/2020 | Mary Chastain
    A scheme supposedly gave Scott Peterson and other California inmates COVID-19 unemployment benefits. Attorneys described it as “the most significant fraud on taxpayer funds in California history.” State and federal prosecutors investigated “fraud in the pandemic relief system administered by the state Employment Development Department [EDD].” For some reason, California does not have “a system that ‘cross matches’ prison and jail data with unemployment claims.” San Mateo County District Attorney Stephen Wagstaffe’s office discovered fraud months ago. The office filed charges against 22 people who allegedly applied “for benefits while incarcerated or helping an inmate to do so – felonies...
  • EDD Scam: Serial killers, rapists, murderers claim COVID-related unemployment, district attorneys say

    11/24/2020 5:18:57 PM PST · by nickcarraway · 9 replies
    KSBW ^ | Nov 24, 2020
    District attorneys from Sacramento, El Dorado, Kern and San Mateo counties announce widespread EDD fraudTens of thousands of California jail and prison inmates, including serial killers, rapists, child molesters and murderers on death row, are accused of scamming California's Employment Development Department out of COVID-19-related unemployment assistance, district attorneys announced at a news conference Tuesday. Estimates of the fraud could near $1 billion. El Dorado County District Attorney Vern Pierson said he believes the largest taxpayer fraud in California history is due to “dysfunctionality” within the EDD, including a series of resignations, retirements and “lack of responsibility." Advertisement The district...
  • 20 jobs most at risk next year because of the coronavirus pandemic: Glassdoor

    11/23/2020 8:18:02 AM PST · by SeekAndFind · 36 replies
    Yahoo Finance ^ | 11/23/2020 | Reggie Wade
    The COVID-19 pandemic has wreaked havoc on the U.S. labor market, and according to new data from job and review site Glassdoor, the damage done within some industries might be irreversible. Glassdoor Chief Economist Andrew Chamberlain breaks down pandemic-affected jobs into three categories: jobs that won’t return until the coronavirus is under control, jobs that may take years to get back to pre-pandemic levels, and jobs that may never return.Jobs that likely will not return until COVID-19 is under control include anything in the personal services, including beauty consultants and stylists as well as discretionary health care jobs like audiologists,...
  • The U.S. Economy’s Remarkable Recovery Continues As Biden Plans To Crush It

    11/16/2020 11:41:38 AM PST · by Kaslin · 14 replies
    The Federalist ^ | November 16, | Tom Copeland
    An astonishing 2.2 million more Americans were working in October than in December, and 1.5 million fewer were unemployed.Good news about the economy continued to pour in during Election Week. Predictably, the nation’s establishment press, obsessed with its self-appointed insistence that Joe Biden is the nation’s president-elect, virtually ignored it.On Nov. 6, the government’s October jobs report revealed that the nation’s unemployment rate dropped a full point to a seasonally adjusted 6.9 percent, while nonfarm payroll employment increased by 638,000. The reported unemployment rate smashed expectations that it would only drop to 7.6 percent, while the employment increase beat expectations...
  • US workers file 709,000 new unemployment claims amid COVID-19 spike

    11/12/2020 6:12:07 AM PST · by ChicagoConservative27 · 5 replies
    nypost ^ | 11/12/2020 | Noah Manskar
    Another 709,000 Americans applied for unemployment benefits last week as the labor market continued a slow recovery threatened by a dangerous new wave of coronavirus infections, the feds said Thursday. The latest initial jobless claims brought the number filed during the COVID-19 pandemic to a seasonally adjusted total of more than 67.4 million — a figure larger than the population of the United Kingdom, the US Department of Labor data show. The fourth straight weekly decline in new filings came as the US grappled with a record-setting spike in virus cases that’s led some parts of the country to consider...
  • Liberal Layoff

    11/08/2020 4:54:30 PM PST · by JohnRand · 42 replies
    vanity | 11/08/2020 | Johnrand
    Many of us on this site employ people. We can and should vote with our wallets. Instead of waiting for the courts, press and people to realize their mistake, we vote with our wallets and trim the fat at the office ASAP. Is this conservative cancel culture? Perhaps it is. Among my 30 or so employees, I am nearly certain of the political leanings of each of them. Some wear it like a badge. Others try to hide it. I will continue to provide a place to work for conservatives who are hard workers. Others? Well, they might not work...
  • Big 3 Morning Nets CENSOR Huge Job Gains, Big Drop in Unemployment

    11/06/2020 1:57:58 PM PST · by JV3MRC · 4 replies
    NewsBusters ^ | 11/6/2020 | Joseph Vazquez
    Even while the election is still underway, the ABC, CBS and NBC morning news shows still chose to hoodwink viewers by not reporting news of an astounding rally in the jobs market under President Donald Trump’s economy. The Bureau of Labor Statistics (BLS) released a report at 8:30 am today showing that total nonfarm payroll employment skyrocketed 638,000 jobs in October, which destroyed expectations of a 530,000 increase by Dow Jones-surveyed economists, according to CNBC. That’s a whopping 108,000 disparity. For extra measure, the unemployment rate fell an entire percentage point from 7.9 percent in September to 6.9 percent in...
  • October jobs report: Economy added 638,000 jobs as unemployment rate fell to 6.9%; Will this trend be sustained under current conditions?

    11/06/2020 7:09:14 AM PST · by SeekAndFind · 15 replies
    Yahoo Finance News ^ | 11/06/2020 | Emily McCormick
    U.S. employers brought back more jobs than expected in October and the unemployment rate improved by a greater than anticipated margin. Still, improvements in both metrics have decelerated considerably from earlier this year during the initial stages of recovery during the pandemic period.The Department of Labor released its monthly non-farm payrolls report Friday at 8:30 a.m. ET. Here were the main results from the report, compared to consensus estimates compiled by Bloomberg: Non-farm payrolls: +638,000 vs. +580,000 expected and a revised +672,000 in September Unemployment rate: 6.9% vs. 7.6% expected and 7.9% in September Average hourly earnings, month-over-month: 0.1% vs....