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While the February jobs report showed unemployment dipping to 6.2%, the “real” rate is much higher. Fed Chair Powell and Treasury Secretary Yellen said in early 2021 the real rate … Read More
Millions of Americans are going to be in for a rude awakening this tax season when they discover they owe the IRS money for unemployment payments. About 40 million Americans … Read More
The U.S. labor-market recovery faltered in December with the first decline in payrolls in eight months, as soaring coronavirus infections exacted a bigger toll on jobs and jeopardized the economy’s … Read More
Possible economic troubles loom for some that received unemployment benefits, Axios' Jennifer Kingson reports. Americans will have to declare their unemployment benefits as income on their tax returns, and those … Read More
Eugene Scalia: August unemployment rate is ‘very good news’, but ‘we’re not done’ FOX Business’ Cheryl Casone reports on the unemployment rate falling to 8.4 percent in August. Then, Labor … Read More
After the weekly federal supplemental unemployment benefits lapsed in July, President Trump allotted $44 billion in additional funds for FEMA to provide to states for unemployment relief. Every state besides … Read More
Kansas City Federal Reserve president on whether US economy suffered long-term damage from COVID shutdown Esther George joins Fox Business Network’s Edward Lawrence to discuss signs of life for the … Read More
The unemployment aid deal being negotiated by Democratic and Republican lawmakers and the White House could at best maintain U.S. household income at full force, or at worst knock out … Read More
First-time claims for U.S. unemployment benefits increased for the second straight week in the week ended July 25th, according to a report released by the Labor Department on Thursday, although … Read More
Coronavirus pandemic forcing another company to cut jobs Fox Business Briefs: L Brands is planning to lay off about 15 percent of its corporate employees, approximately 850 people. The number … Read More
How will new coronavirus restrictions impact the job market? Labor Secretary Eugene Scalia discusses the impact on jobs on ‘Your World.’ Labor Secretary Eugene Scalia appeared on "Your World" Friday, … Read More
With job cuts mounting and costly furlough programs that can’t last forever, Europe is at risk of a devastating increase in unemployment that won’t be easy to reverse. Economies across … Read More
