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New jobless claims are down, but unemployment benefits are, too

Oct 22, 2020
Expiring federal and state relief benefits are taking billions of dollars a week out of the economy.
Tens of millions of Americans are still out of work, and their unemployment benefits are running out.
Apu Gomes/AFP via Getty Images

Unemployment claims drop to 787,000, but layoffs remain high

Oct 22, 2020
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…
Spencer Platt/Getty Images

One key to fixing the economy? Getting low-wage workers help

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.
A pedestrian walks by a San Francisco restaurant closed because of COVID-19.
Justin Sullivan/Getty Images

Younger workers aren't as fazed by losing a job

Oct 16, 2020
The Marketplace-Edison Research Poll shows they're more confident they'll find new jobs within six months than older workers.
A bartender makes drinks at Eight Row Flint in Houston, Texas. Many young people work in the leisure and hospitality industry, which is bouncing back from the coronavirus recession.
Mark Felix/AFP via Getty Images

How losing a job can make the pandemic worse

Oct 15, 2020
For most Americans, losing work means losing health insurance. And the uninsured are 75% less likely to see a doctor if they need to, one expert says.
A doctor prepares to take blood from a patient for a COVID-19 antibody test in Miami Lakes, Florida.
Joe Raedle/Getty Images

Weekly unemployment claims inch up to 898,000

Oct 15, 2020
It's another week of evidence that layoffs remain a hindrance to the economy’s recovery.
Olivier Douliery/AFP via Getty Images

You can still get unemployment benefits after state payments run out

Oct 15, 2020
The federal government is funding 13 additional weeks of unemployment benefits after state payments run out, but getting them can take extra effort.
The CARES Act gives people the opportunity for a 13-week extension after state unemployment benefits end.
Bryan R. Smith/AFP via Getty Images

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Americans on shaky ground financially, speaking out more on racism, poll finds

Oct 15, 2020
The latest results of the Marketplace-Edison poll don't indicate much optimism among Americans after months of protests and pandemic shutdowns.
Farm laborers working in Greenfield, California.
Brent Stirton/Getty Images

What you need to know about Pandemic Emergency Unemployment Compensation

And what happens when the PEUC program expires at the end of the year?
People lining up to file unemployment claims in Calexico, California, in July.
Mario Tama/Getty Images

The unemployment rate in some neighborhoods is triple the national average

Oct 12, 2020
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%.
Felix Pinzon, an unemployed construction worker, pushes a cart of food donations in May in the Bronx.
Johannes Eisele/AFP via Getty Images