Bipartisan bill would extend the period to use funds by 16 weeks. New legislation has been presented by Senators Angus King, and Steve Daines to allow businesses to…
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Unemployment Tops 39 Million
Fed Chairman expects peak in May or June. The Department of Labor announced on Friday that claims for unemployment had risen to roughly 39 million Americans. These numbers…
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Employment Turnaround Coming Soon, White House Says
A fourth round of stimulus should help get things moving. White House economic adviser Kevin Hassett said Friday that June could mark a turning point in massive joblessness…
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Secretary Mnuchin Warns Unemployment Beneficiaries
Return to work if you are asked to, he urges. In testimony before the Senate Banking Committee on Tuesday, Treasury Secretary Steven Mnuchin warned that individuals who reject…
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Another 2.98 Million Americans File Unemployment
More than 36 million people have now filed jobless claims. The Labor Department said Thursday that another 2.98 million people filed the first time for unemployment benefits last…
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President Responds to 14.7% Unemployment
The economy lost 20.5 million jobs in April. The Labor Department released new unemployment data on Friday that shows the nation lost 20.5 million total jobs in April…
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Unemployment Up, Consumer Spending Down
Another 3.8 million Americans filed for unemployment last week. While the pace of unemployment filings has slowed since its peak in late March, the number of workers who…
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Unemployment Claims Last Week at 4.4 Million
Total now exceeds 26.5 million Americans who are jobless. Over the last five weeks, 26.5 million Americans have sought unemployment benefits, as the total for last week is…
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Another 5.2 Million Jobless Claims Filed
More than 16 million claims filed in three weeks. The Labor Department announced Thursday that another 5.2 million Americans filed for unemployment last week. Added to those filed…
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Jobless Claims Surge Again
Last week, 6.6 million filed for benefits. On Thursday, the Labor Department reported the number of workers claiming new unemployment benefits jumped by 6.6 million last week. Slowing…
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