Latest Unemployment insurance News

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Oct. 23, 2020. Shares were mostly higher in Asia on Friday after President Donald Trump and his challenger former Vice President Joe Biden faced off in their second and final debate before the Nov. 3 election. (AP Photo/Ahn Young-joon)

Asian shares, US futures gain after last Trump-Biden debate

Oct. 23, 2020 1:50 AM EDT

Shares were mostly higher in Asia on Friday after President Donald Trump and his challenger former Vice President Joe Biden faced off in their second and final debate before the Nov. 3 election. Stocks rose in Tokyo, Hong Kong and Seoul but fell in Shanghai. Sydney's benchmark ended flat. In their debate late...

FILE - In this June 11, 2020, file photo, information signs are displayed at the closed Illinois Department of Employment Security WorkNet center in Arlington Heights, Ill. U.S. employers advertised for slightly fewer jobs in August while their hiring ticked up modestly. The Labor Department said Tuesday, Oct. 6, 2020, that the number of U.S. job postings on the last day of August dipped to 6.49 million, down from 6.70 million July. (AP Photo/Nam Y. Huh, File)

US jobless claims drop to 787,000, but layoffs remain high

Oct. 22, 2020 12:40 PM EDT

WASHINGTON (AP) — The number of laid-off Americans seeking unemployment benefits fell last week to 787,000, a sign that job losses may have eased slightly but are still running at historically high levels. Last week's figure was down from 842,000 the previous week, the Labor Department said Thursday. The...

US jobless claims drop to 787,000, though layoffs remain high 7 months after virus struck economy

Oct. 22, 2020 8:32 AM EDT
WASHINGTON (AP) — US jobless claims drop to 787,000, though layoffs remain high 7 months after virus struck economy.
FILE - In this Wednesday, Sept. 2, 2020, file photo, passers-by walk past a business storefront with store closing and sale signs in Dedham, Mass. U.S. employers advertised for slightly fewer jobs in August while their hiring ticked up modestly. The Labor Department said Tuesday, Oct. 6, 2020,  that the number of U.S. job postings on the last day of August dipped to 6.49 million, down from 6.70 million July. (AP Photo/Steven Senne, File)

US jobless claims rise to 898,000 with layoffs still high

Oct. 15, 2020 10:41 AM EDT

WASHINGTON (AP) — The number of Americans seeking unemployment benefits rose last week by the most in two months, to 898,000, a historically high number and evidence that layoffs remain a hindrance to the economy’s recovery from the pandemic recession. Thursday’s report from the Labor...

US jobless claims reach 898,000 as layoffs remain high 7 months after virus struck economy

Oct. 15, 2020 8:31 AM EDT
WASHINGTON (AP) — US jobless claims reach 898,000 as layoffs remain high 7 months after virus struck economy.
FILE - In this June 11, 2020, file photo, information signs are displayed at the closed Illinois Department of Employment Security WorkNet center in Arlington Heights, Ill. U.S. employers advertised for slightly fewer jobs in August while their hiring ticked up modestly. The Labor Department said Tuesday, Oct. 6, 2020, that the number of U.S. job postings on the last day of August dipped to 6.49 million, down from 6.70 million July. (AP Photo/Nam Y. Huh, File)

US layoffs still high, but so is skepticism on jobless data

Oct. 8, 2020 2:31 PM EDT

WASHINGTON (AP) — The number of Americans seeking unemployment benefits dipped last week to a still-high 840,000, evidence that layoffs remain elevated seven months into the pandemic recession. Yet economists say they are increasingly dubious about the unemployment claims figures, even though there is...

US jobless claims reach 840,000 as layoffs remain high 7 months after virus struck economy

Oct. 8, 2020 8:32 AM EDT
WASHINGTON (AP) — US jobless claims reach 840,000 as layoffs remain high 7 months after virus struck economy.
Journalists film an electronic stock board showing reopened Japan's Nikkei 225 index at Tokyo Stock Exchange in Tokyo Friday, Oct. 2, 2020. Tokyo's market resumed trading Friday after a full-day outage due to a malfunction in its computer systems. (AP Photo/Eugene Hoshiko)

Asia shares mixed in thin holiday trading after Wall St gain

Oct. 1, 2020 10:43 PM EDT

Asian shares were mixed Friday in thin holiday trading, with markets in South Korea, Shanghai and Hong Kong closed. The Nikkei 225 index shed strong early gains to edge 0.1% higher, to 23,211.35, as the Tokyo Stock Exchange resumed trading after an all day outage Thursday due to a technical failure. Reports...

House Speaker Nancy Pelosi of Calif., speaks during a weekly news conference, Thursday, Oct. 1, 2020, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)

House Democrats pass partisan COVID bill; relief talks drag

Oct. 1, 2020 8:27 PM EDT

WASHINGTON (AP) — Democrats controlling the House narrowly passed a $2.2 trillion COVID-19 relief bill Thursday night, a move that came as top-level talks on a smaller, potentially bipartisan measure dragged on toward an uncertain finish. An air of pessimism has largely taken over the Capitol. The...

Passers-by walk past a hiring sign as they enter a Target retail store location, Wednesday, Sept. 30, 2020, in Westwood, Mass. The number of Americans seeking unemployment benefits declined last week to a still-high 837,000, evidence that the economy is struggling to sustain a tentative recovery that began this summer.  (AP Photo/Steven Senne)

US layoffs remain elevated as incomes and spending weaken

Oct. 1, 2020 4:11 PM EDT

WASHINGTON (AP) — The number of Americans seeking unemployment benefits declined last week to a still-high 837,000, evidence that the economy is struggling to sustain a tentative recovery that began this summer. The Labor Department's report, released Thursday, suggests that companies are still cutting a...