Latest Unemployment insurance News

FILE — In his Dec. 18, 2020 file photo a runner passes the office of the California Employment Development Department in Sacramento, Calif. California reported a significant surge in unemployment claims last week for independent contractors, accounting for more than a quarter of all such climbs nationally and raising concerns about a return of widespread fraud, Thursday, Jan. 21, 2021. (AP Photo/Rich Pedroncelli, File)

California: Criminal rings loot billions in jobless funds

Jan. 25, 2021 9:08 PM EST

LOS ANGELES (AP) — Sophisticated hackers, identity thieves and overseas criminal rings stole over $11 billion in unemployment benefits from California last year, but the extent of the fraud might grow far larger: billions more in payments are under investigation. California Labor Secretary Julie Su told...

California paid $11 billion in bogus jobless claims last year, investigating possible fraud involving $20 billion more

Jan. 25, 2021 7:36 PM EST
LOS ANGELES (AP) — California paid $11 billion in bogus jobless claims last year, investigating possible fraud involving $20 billion more.
FILE - In this Dec. 10, 2020, file photo, a

US jobless claims decline to a still-high 900,000

Jan. 21, 2021 9:26 AM EST

WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell slightly last week to 900,000, still a historically high level that points to ongoing job cuts in a raging pandemic. The Labor Department's report Thursday underscored that President Joe Biden has inherited an economy that...

US jobless claims dip to 900,000 as layoffs remain high with economy in grip of virus

Jan. 21, 2021 8:32 AM EST
WASHINGTON (AP) — US jobless claims dip to 900,000 as layoffs remain high with economy in grip of virus.

This Week: Netflix earns, jobless benefits, US home sales

Jan. 18, 2021 1:10 AM EST

A look at some of the key business events and economic indicators upcoming this week: BINGE THIS Wall Street expects that Netflix closed out 2020 with another solid quarter. The video streaming service has been riding a wave of popularity as people spend more time at home due to the pandemic. The company gained...

The closed sign of a former restaurant is displayed at a shopping center Wednesday, Jan. 13, 2021, in Houston. The latest figures for jobless claims, issued Thursday, Jan. 14, by the Labor Department, remain at levels never seen until the virus struck. (Melissa Phillip/Houston Chronicle via AP)

VIRUS TODAY: Unemployment claims in US rise to 965,000

Jan. 14, 2021 3:19 PM EST

Here’s what’s happening Thursday with the coronavirus pandemic in the U.S.: THREE THINGS TO KNOW TODAY — The number of people seeking unemployment aid soared last week to 965,000, the most since late August, offering evidence that the resurgent virus has caused a spike in layoffs. The Labor...

Andrew Walcott, owners of Fusion East Caribbean & Soul Food restaurant, poses for a photo at the restaurant in East New York neighborhood of the Brooklyn borough of New York, Thursday, Jan. 7, 2021.  Walcott had to furlough four employees at his restaurant just before Christmas, after New York state stopped allowing indoor dining.   (AP Photo/Mary Altaffer)

US unemployment claims jump to 965,000 as virus takes toll

Jan. 14, 2021 11:26 AM EST

WASHINGTON (AP) — The number of people seeking unemployment aid soared last week to 965,000, the most since late August and a sign that the resurgent virus has likely escalated layoffs. The latest figures for jobless claims, issued Thursday by the Labor Department, remain at levels never seen until the...

US jobless claims jump to 965,000 as layoffs remain high with economy in grip of virus

Jan. 14, 2021 8:32 AM EST
WASHINGTON (AP) — US jobless claims jump to 965,000 as layoffs remain high with economy in grip of virus.
FILE - In this Dec. 14, 2020 file photo, Zeida Hernandez, of Tampa, Fla., left, makes Factory Throwout cigars using an antique hand-operated cigar machine at the J.C. Newman Cigar Co., Tampa's last cigar factory, in Fla. American factories grew in December at the fastest pace in more than two years as manufacturing continued to weather the pandemic better than the battered services sector. (Douglas R. Clifford/Tampa Bay Times via AP)

US unemployment claims slip to still-high 787,000

Jan. 7, 2021 10:16 AM EST

WASHINGTON (AP) — The number of Americans seeking unemployment aid fell slightly last week to 787,000, a historically high number that points to a weak job market held back by the viral pandemic. Thursday's figure from the Labor Department, a slight decline from the previous week, shows that even with the...

US jobless claims dip to still-high 787,000 as layoffs remain elevated with economy in grip of virus

Jan. 7, 2021 8:32 AM EST
WASHINGTON (AP) — US jobless claims dip to still-high 787,000 as layoffs remain elevated with economy in grip of virus.