Long-term unemployment hits highest level in 9 years – Marketplace

Long-term unemployment hits highest level in 9 years – Marketplace

Regardless of a strong bump of 379,000 new jobs in February, at this time’s employment report reveals a continued rise in a single intently watched class: Individuals who’ve been jobless for over half a 12 months. Greater than 4 million staff are presently thought-about long-term unemployed. And the longer persons are away from the workforce, the longer it takes to return. Additionally on at this time’s present: an replace on the COVID-19 reduction bundle, why full retail restoration hinges on ladies getting again to…

Caught in the unemployment benefits gap – Marketplace

Caught in the unemployment benefits gap – Marketplace

It’s been greater than a month since Congress handed the second spherical of COVID-19 reduction — which prolonged unemployment advantages for hundreds of thousands — however many Individuals are nonetheless ready for the cash to reach. That’s partly as a result of most state unemployment laptop methods are antiquated, and partly as a result of the reduction package deal modified a few of the guidelines for federal unemployment packages. On right now’s present: the Individuals who fell into the unemployment advantages hole. Plus: Silver…

Can unemployment insurance be fixed? – Marketplace

Can unemployment insurance be fixed? – Marketplace

The deluge of unemployment claims overwhelmed state unemployment techniques throughout the USA in the beginning of the COVID-19 pandemic. Laid-off staff waited hours on maintain, on-line utility portals crashed and purposes sat within the system for weeks or months in limbo. Antiquated gear and techniques have made it a problem to get support to the individuals who want it. On right now’s present: Can we repair the unemployment system within the U.S.? Plus, Boeing’s 737 Max planes have been accepted for takeoff, and a…

What you need to know about unemployment benefits right now – Marketplace

What you need to know about unemployment benefits right now – Marketplace

The unemployment profit system is sophisticated, much more so after the CARES Act. However there’s an acronym you is likely to be seeing an increasing number of, for those who’ve been watching weekly jobless numbers: PEUC, or Pandemic Emergency Unemployment Compensation. However what precisely is PEUC? We’ll clarify. Plus, airline COVID testing and a deep dive into two essential indicators: financial institution reserves and the Producer Value Index. GO TO SHOP >>> SIN/id #unemployment #advantages #Market