unemployment

A $1 trillion Senate infrastructure bill unveiled Sunday would cut the timeline to claim the employee retention tax credit by three months, to Oct. 1.

States’ early withdrawals from federal unemployment programs saved billions of dollars, which Senate lawmakers are using to finance their infrastructure agenda.

Programs paying expanded unemployment benefits are ending nationally on Sept. 6. It doesn’t appear lawmakers will extend the deadline again.

The economy has improved and lawmakers are unlikely to offer another tax break to those who collected unemployment benefits this year, experts said.

About 38% of people who got their first installment of benefits in June had waited more than three weeks, the official barometer for a “timely” payment.

While the GDP gain would have been strong prior to the pandemic, it was considerably less than the 8.4% Dow Jones estimate.

The IRS is sending an additional 1.5 million taxpayers refunds averaging $1,686 on 2020 unemployment insurance taxes, the agency said.

Millions of Americans who received unemployment compensation in 2020 were taxed on that income before it was made tax-free. Now the IRS is sending refunds.

Average hourly wages grew 3.6% in June relative to last year, the most in more than a decade. But has inflation mitigated that increase?

Amid a wave of fraud, the Golden State will issue debit cards with chip protection to individuals receiving unemployment benefits.

People who lost federal unemployment benefits didn’t rush to accept jobs in the weeks after state cuts, according to a new analysis.

Weekly jobless claims totaled 419,000 for the week ended July 17, above the 350,000 estimate.

Workers who applied for jobless benefits a year or more ago might requalify once federal aid ends in September. Many who do will likely get a lesser amount.

Millions of parents will see new monthly checks of up to $300 per child through a more generous tax credit. The payments eventually will stop unless renewed.

Thousands of people who’ve received unemployment have complained that their benefits were stolen from their accounts, according to an analysis by CNBC.

A rise in Covid cases, fueled by the more infectious delta variant, may hamper the economic recovery and cause more layoffs, according to some economists.

After aggressive campaigns to raise the federal minimum wage to $15 per hour, there still is no change on Capitol Hill.

Flight simulators from Atlanta to Dallas to Miami are humming as airlines scramble to get hundreds of pilots trained to meet a rebound in bookings.

Weekly jobless claims totaled 360,000 last week, matching Wall Street estimates.

Up to $10,200 in unemployment benefits was excluded from 2020 taxable income for most taxpayers. Not everyone accounted for it on their return.