Search results
May 9, 2024 · Aaron M. Sprecher/AP. New York CNN —. First-time applications for unemployment benefits rose last week to 231,000, the highest level since August, in another sign that the white-hot labor market ...
- Introduction
- What’s at Stake Today
- Unemployment Insurance Helps Those Most in Need
- Unemployment Insurance Extensions Boost Our Economy
- Offering Additional Unemployment Compensation and Health Care Coverage
Our nation today is mired in one of the worst labor markets since the Great Depression. There are currently nearly 15 million Americans unemployed, with the unemployment rate hovering at or just under 10 percent for nearly a year. At the end of May, nearly half of those unemployed (46 percent) have been out of work and actively seeking a job for at...
The June 4 expiration of federal funding for unemployment insurance extensions resulted in over 1.2 million recipients facing premature cutoffs during June alone. Already, 1.2 million recipients have been cut off from these federal benefits that they were otherwise eligible for because of continuing high unemployment in their states. This group, la...
The deep and protracted nature of the Great Recession means that unemployed workers are facing unique hardships. Protracted, high unemployment has a lasting impact on workers, their families, and their communities. Extending unemployment compensation is one way the government can help alleviate pain for households during such difficult times. Layof...
The federal unemployment insurance provisions are critical to our economy in the face of an extremely weak labor market, as well as for movement toward stronger economic recovery. No other policy has been more effective in supporting the economy during this recession, with benefits being spent directly and immediately on groceries, housing, medical...
The Recovery Act further supported families facing joblessness through subsides for COBRA (Consolidated Omnibus Budget Reconciliation Act) coverage, which gives workers and their families who lose their health benefits the right to choose to continue group health benefits for limited periods of time. The Recovery Act created a new 9-month subsidy f...
People also ask
How much did unemployment increase in the week ending Jan 20?
How many Americans are claiming unemployment benefits a week?
How many people have filed unemployment claims?
Are weekly unemployment claims representative of the number of layoffs?
Mar 5, 2021 · 10:53 a.m. ET, March 5, 2021. Senate Democrats agree to lower unemployment benefit and extend it through September. From CNN's Lauren Fox and the Hill team. In a last-minute change, the Senate...
Jan 25, 2023 · • The number of unemployment claims today is about 1.6 million, as Biden said. • However, Biden’s two snapshots in time aren’t precisely comparable because the pandemic programs have been...
Feb 29, 2024 · Applications for unemployment benefits rose by 13,000 to 215,000 for the week ending Feb. 24, the Labor Department reported Thursday. Last week’s number was revised up by 1,000 to 202,000.
Jan 25, 2024 · Applications for unemployment benefits rose to 214,000 for the week ending Jan. 20, an increase of 25,000 from the previous week, the Labor Department reported Thursday. The four-week average of claims, a less volatile measure, fell by 1,500 to 202,250.
Jan 11, 2024 · Updated 6:00 AM PDT, January 11, 2024. The number of Americans applying for unemployment benefits inched down to its lowest level in nearly three months last week as the U.S. labor market continues to flex its muscle in spite of elevated interest rates.
