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Labor Department calculates about $45 billion in pandemic unemployment fraud
Sep 23, 2022

Labor Department calculates about $45 billion in pandemic unemployment fraud

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Emergency federal unemployment benefits — equivalent to roughly $6 billion per week — are set to expire in two and a half weeks. Thinkstock via Getty Images
The Labor Department also notes what kind of fraud, and where. The SEC has charged Boeing with misleading investors after two deadly crashes. The worlds of commercial and residential construction carry differing experiences within the economy.

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Economic Pulse

It's a "Tale of Two Cities" right now between commercial and residential construction

by Sabri Ben-Achour and Jarrett Dang
Sep 23, 2022
Construction projects are still being complicated by high interest rates, a persistent skilled labor shortage, and manufacturing slowdowns.
Demand for residential construction projects has slowed while commercial projects have largely remained steady, says Maurice Rahming, President of the O'Neill Construction Group.
Eduardo Munoz Alvarez via Getty Images
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The team

David Brancaccio Host
Victoria Craig Host, BBC
Stephen Ryan Senior Producer, BBC
Meredith Garretson Morbey Senior Producer
Erika Soderstrom Producer
Alex Schroeder Producer
Redmond Carolipio Digital Producer
Ariana Rosas Producer
Jarrett Dang Digital Producer (gone fishing)
Jesson Duller Media Producer
Nick Esposito Media Producer

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