Unemployment claims slip to still-high 787,000

Jan 7, 2021
On Friday, the government will issue a December jobs report that economists expect will show hiring slowed for a sixth straight month.
A closed souvenir shop in Times Square on Dec. 28, 2020 in New York City.
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Wages spike in the pandemic — but it's just a fluke

Jan 4, 2021
In the recovery this year, wages are likely to stagnate for returning service workers, economists predict.
Fast-rising wages during the pandemic are an anomaly. While most higher-paid professionals were able to work from home, millions of lower-paid service workers lost jobs and income.
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Layoffs still up as 803,000 seek unemployment benefits

Dec 23, 2020
Before the virus struck, applications typically numbered around 225,000 a week before shooting up to 6.9 million in early spring.
The job market remains under stress nine months after the coronavirus outbreak sent the U.S. economy into recession and caused millions of layoffs.
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What we know about the latest plan for more COVID relief

Direct payments in the range of $600 and extra unemployment benefits around $300 per week are on the table.
"What we really need in this package is a bridge to when the weather is warmer and the vaccines are disseminated," says Marc Goldwein, senior vice president and senior policy director for the Committee for a Responsible Federal Budget.
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Why hasn't Congress fixed unemployment insurance?

Dec 17, 2020
Congress was able to pass the CARES Act quickly, but its benefits expire Dec. 26. Will they be extended?
Congress has known what's wrong with unemployment insurance for decades.
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Unemployment claims up again, hitting nearly 900,000 last week

Dec 17, 2020
Nine months after the viral pandemic first paralyzed the economy, many employers are still slashing jobs.
A diner sits closed in Brooklyn on Dec. 9 in New York City.
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How extending unemployment benefits leads to a stronger recovery

Dec 10, 2020
When workers can use unemployment benefits to cover their basic needs, policy expert Alix Gould-Werth says they’re able to find better paying jobs.
People lined up for unemployment applications in Hialeah, Florida, in April.
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Unemployment claims hit highest mark since September

Dec 10, 2020
The 853,000 new applications are evidence that some companies are cutting more jobs as new virus cases spiral higher.
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Unemployment claims still elevated as COVID-19 cases escalate

Dec 3, 2020
The number of Americans applying for unemployment benefits fell last week to a still-high 712,000.
Outdoor dining is closed at the Citadel Outlets in Los Angeles, Calif., on Nov. 30, 2020, after Los Angeles County banned outdoor dining in an attempt to stem the latest surge in coronavirus cases.
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