Unemployment

One of the tenets of the American unemployment system was that anyone with benefits in good times and bad should look for work.That consideration changed at the beginning of the pandemic. The pervasive fear of contagion and the sudden need…

New unemployment benefits fell last week, the government reported Thursday, as the labor market slowly recovered from the staggering losses caused by the coronavirus pandemic.Approximately 487,000 workers first filed for state benefits in…

The job market remains challenging. The government reported Thursday that the first state unemployment benefits rose last week.A total of 741,000 workers filed applications for state unemployment benefits for the first time last week, an…

Taxpayers who received unemployment benefits last year but filed their tax returns before a new tax break became available could receive an automatic refund as early as May, the Internal Revenue Service said on Wednesday.The latest…

Here’s what you need to know:Banks have remained healthy through the pandemic, helped in part by Fed policy responses that kept markets from melting down more disastrously last March.Credit...J. Scott Applewhite/Associated PressThe Federal…

The labor market's ability to improve as the economy recovers and the virus recedes will be tested Thursday morning when the government reports the latest data on unemployment claims.Although the pace of vaccinations and the passage of a $…

Here’s what you need to know:Stimulus ChecksThe stimulus payments would be $1,400 for most recipients. Those who are eligible would also receive an identical payment for each of their children.To qualify for the full $1,400, a single person…

Even as the economy shows signs of recovery, employers continue to lay off large numbers of workers, a sign of how long it will take for the labor market to fully recover from the pandemic.The pressure became clear on Thursday when a new…

New unemployment claims fell last week, the government reported Thursday, the latest sign that the labor market recovery, slow and unstable as it may be, is continuing."The numbers look encouraging at first glance," said Gregory Daco, chief…

The monthly job report on Friday offers a more complete picture.The Department of Labor's monthly employment report, due Friday, is expected to show employers created about 100,000 jobs in January, a slight rebound after a net loss of…