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Expiring federal and state relief benefits are taking billions of dollars a week out of the economy.
The number of 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. With confirmed infections having neared 60,000 in the past week, the…
Christopher Low, chief economist at FHN Financial, says low-wage workers are suffering the bulk of job losses — the opposite of what happened in 2008.
The federal government is funding 13 additional weeks of unemployment benefits after state payments run out, but getting them can take extra effort.
The latest results of the Marketplace-Edison poll don't indicate much optimism among Americans after months of protests and pandemic shutdowns.
And what happens when the PEUC program expires at the end of the year?
In parts of the South Bronx, the unemployment rate was estimated to be nearly 30% in August. Nationwide, it's a little less than 8%.