Jobless claims see continued dip but recovery not yet within reach

Aug 13, 2020
While new jobless claims fell below 1 million for the first time in 21 weeks, we're still a long way away from a "good" economy.
A store advertising a job opening in Venice Beach, California.
David McNew/Getty Images

U.S. jobless claims fall below 1 million but remain high

Aug 13, 2020
The decline suggests that layoffs are slowing, though last week’s figure is still above the pre-pandemic record of just under 700,000.
The Labor Department said that applications fell to 963,000, the second straight drop, from 1.2 million the previous week.
Bridget Bennett/AFP via Getty Images

Will the $400 in extra unemployment benefits actually reach people?

Aug 10, 2020
Calling on states to implement new unemployment programs, as Trump's action has done, may not be practical.
President Trump's actions include $400 extra a week in unemployment benefits and a limited ban on evictions.
Jim Watson/AFP via Getty Images

Using coronavirus relief to pay down credit cards

Aug 6, 2020
Credit card debt was down by $76 billion in the second quarter, the steepest decline in card balances since tracking started.
The changes in household debt in the second quarter were driven by a decline in credit card balances as consumer spending dropped.
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1.2 million seek unemployment benefits after $600 federal check ends

Aug 6, 2020
It's evidence that the coronavirus keeps forcing companies to slash jobs just as the weekly federal jobless payment has expired.
The Labor Department’s report marked the 20th straight week that at least 1 million people have sought jobless aid. Pictured: A sign asking clients to wear a mask and respect social distancing is seen on the door of a closed store in Los Angeles.
Valerie Macon/AFP via Getty Images

California court to rule on gig worker classification

Aug 5, 2020
The issue has big implications for workers' access to safety net benefits that have become crucial during the pandemic.
A driver takes part in a caravan protest against Uber and Lyft in Los Angeles. For many ride-share drivers, unemployment insurance and other benefits are major issues.
Mario Tama/Getty Images

Unemployment benefits are all over the map

Aug 4, 2020
So we created an interactive map of unemployment benefits and average rent across all 50 states and the District of Columbia.
A sign at a gas station tells customers it is closed. Unemployment has reached alarming levels in the United States.
Spencer Platt/Getty Images

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Millions of unemployed workers now rely solely on state benefits — and they vary wildly

Aug 3, 2020
There is no federal standard for unemployment benefits, so states create their own rules.
A message on a car window demands a better system for supporting unemployed workers in Florida.
Joe Raedle/Getty Images

$600 weekly benefit did not reduce employment, study finds

Jul 31, 2020
Yale research says there were a lot of reasons people did not go back to work that were more important, like lack of child care or the fear of getting COVID-19.
Some Senate Republicans have argued that the $600 benefit is too much, discouraging people from returning to work. Above, Senate Majority Leader Mitch McConnell walks to the Senate floor on Thursday.
Drew Angerer/Getty Images

Back to work doesn't mean back to spending as before

Jul 29, 2020
Two workers share how the pandemic has changed their month-to-month finances.
Image Credit Andrey Popov