Latest Unemployment insurance News

Indiana plans to borrow $300 million for jobless benefits

Sep. 19, 2020 10:14 AM EDT

INDIANAPOLIS (AP) — A flood of unemployment claims related to the coronavirus pandemic has caused Indiana officials to seek as much as $300 million in loans from the federal government. The borrowing is needed because the state’s unemployment fund had about $40 million at the end of August, down...

Florida's unemployment rate drops to 7.4% amid pandemic

Sep. 18, 2020 1:15 PM EDT

ST. PETERSBURG, Fla. (AP) — Florida’s unemployment rate dropped to 7.4% in August, a sharp decline from July, when it was 11.4%, according to state statistics released Friday. Jobless claims are still high, however, as Floridians and businesses attempt to inch back to economic health during the...

FILE - In this Jan. 3, 2020 file photo, the Wall St. street sign is framed by American flags flying outside the New York Stock Exchange in New York.  Stocks are falling early on Wall Street Thursday, Sept. 17,  as the late selling from the previous day carries over.  (AP Photo/Mary Altaffer, File)

Asia slightly higher despite Wall Street slump, virus fears

Sep. 17, 2020 11:33 PM EDT

TOKYO (AP) — Asian shares were slightly higher Friday despite some investor attention shifting again to the uncertainties in global economies amid the coronavirus pandemic, as reflected in the overnight fall on Wall Street. Japan's benchmark Nikkei 225 was little changed but inched up less than 0.1% in...

Fraud arrests made over California’s unemployment benefits

Sep. 17, 2020 10:30 PM EDT

BEVERLY HILLS, Calif. (AP) — Investigators unraveling an identity fraud scheme targeting California’s unemployment system have arrested 44 people in Beverly Hills this month alone, officials said Thursday. More arrests are expected as the California Employment Development Department and federal...

Idaho initial and continuing unemployment claims drop again

Sep. 17, 2020 2:40 PM EDT

BOISE, Idaho (AP) — The number of Idaho residents applying for unemployment dropped by 4% last week, officials said Thursday, as Idaho's economy continues recovering during the coronavirus pandemic. The Idaho Department of Labor said that applications for jobless benefits declined to 3,672 last week, while...

FILE - In this Sept. 2, 2020, file photo, a help wanted sign hangs on the door of a Target store in Uniontown, Pa. Hundreds of thousands of Americans likely applied for unemployment benefits last week, a high level of job insecurity that reflects economic damage from the coronavirus outbreak. Economists expect that 850,000 people sought jobless aid, down from 884,000 the week before, according to a survey by the data firm FactSet. (AP Photo/Gene J. Puskar, File)

COVID-19 danger continues to drive joblessness in US

Sep. 17, 2020 1:07 PM EDT

WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell last week to 860,000, a historically high number of people that illustrates the broad economic damage still taking place nine months after the first case of COVID-19 was detected in the U.S. The Labor Department said...

Georgia job market recovery slows; jobless rate dips to 7.6%

Sep. 17, 2020 12:59 PM EDT

ATLANTA (AP) — New unemployment figures show Georgia's recovery from the economic shock of the pandemic is slowing. August saw the fewest number of new jobs added since the state's labor market began bouncing back in May, with a large number of people dropping out the labor force. The slowing comes even as...

Passers-by examine a storefront window, Tuesday, Sept. 15, 2020, in Boston's fashionable Newbury Street shopping district.  The U.S. Commerce Department said Wednesday that retail sales rose 0.6% last month, the fourth straight month of growth.   (AP Photo/Steven Senne)

Retail sales rise for 4th straight month as growth slows

Sep. 16, 2020 10:08 AM EDT

NEW YORK (AP) — Americans kept spending in August, but the pace of that growth is slowing as millions of people who lost jobs have now lost a $600 a week boost in their unemployment checks. Retail sales rose 0.6% last month, the fourth consecutive month of growth, the U.S. Commerce Department said...

House Speaker Nancy Pelosi of Calif., center, walks to her office, Monday, Sept. 14, 2020, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)

Pelosi: House to stay in session until COVID-19 rescue pact

Sep. 15, 2020 4:24 PM EDT

WASHINGTON (AP) — Speaker Nancy Pelosi said Tuesday the House will remain in session until lawmakers deliver another round of COVID-19 relief, a move that came as Democrats from swing districts signaled discontent with a standoff that could force them to face voters without delivering more aid. “We...

Jeff Lello stands in front of the van in which he lives, in the parking lot of a Cracker Barrel restaurant, since being laid off due to the coronavirus pandemic, Friday, Aug. 21, 2020, in Orlando, Fla. Lello is one of an estimated 20 million Americans living paycheck to paycheck, spending more than 30% of their income on rent, who are likely to experience homelessness at some point, according to the National Coalition for the Homeless. (AP Photo/Phelan M. Ebenhack)

From a stable job to a tent: A waiter's homeless struggle

Sep. 12, 2020 8:42 AM EDT

FORT LAUDERDALE, Fla. (AP) — Jeff Lello has never been rich, but the 42-year-old could pocket $100 cash most weekend nights at the steakhouse chain where he waited tables. He always had enough money for groceries, his car and the modest Orlando apartment he rented with roommates. But when he reported for...