unemployment

The Covid pandemic pushed workers to apply for unemployment benefits at unprecedented levels in early April 2020. Claims remain high by historical standards.

Jobless claims totaled 744,000 for the week ended April 3, well above the Dow Jones estimate of 694,000 and the previous week’s 728,000.

A lot of families got a shock when they learned their unemployment benefits were taxable, but the new stimulus bill passed recently corrects some concerns.

Brainard said that while the U.S. economic outlook has “brightened considerably,” it remains well away from the central bank’s goals.

The Virginia Employment Commission says that jobless workers collecting unemployment compensation will soon have to look for jobs again to receive benefits

Americans who collected unemployment benefits last year may need to file an amended tax return in some cases to get their maximum tax refund, the IRS said.

Nonfarm payrolls were expected to grow by 675,000 while the unemployment rate fell to 6%, according to economists surveyed by Dow Jones.

America’s employers unleashed a burst of hiring in March, adding 916,000 jobs in a sign that a sustained recovery from the pandemic recession is taking hold as vaccinations accelerate, stimulus checks flow through the economy and businesses increasingly reopen

U.S. employers hired far more workers than expected in March 2021, thanks to gains in leisure and hospitality, as well as state and local education.

First-time claims for unemployment benefits totaled 719,000 last week, higher than the 675,000 Dow Jones estimate and the previous week’s 658,000.

The IRS will issue refunds automatically starting in May to workers who qualify for a new tax break on jobless benefits but had already filed their tax returns.

Thirteen states aren’t offering a tax break on unemployment benefits received last year, according to data from H&R Block.

Claims totaled 684,000 for the week ended March 20, the first time the number has been below 700,000 during the Covid-19 era.

Javier Albarran had worked in a hotel kitchen for more than 25 years when he lost his job last March due to the pandemic. Finding himself without insurance or the income he needed to get by, he said, “I didn’t know what to do.” When a friend asked him to take him to a food bank, Albarran overcame his embarrassment...

TurboTax and H&R Block updated their online software to account for a new federal tax break on unemployment benefits. State returns may still pose an issue.

The U.S. Labor Department now has a website to help victims of unemployment fraud report identity theft.

Many people wrote into CNBC Make It to say their stimulus checks will go toward rent and other bills. Others said they were planning to splurge.

Jobless claims totaled 770,000 for the week ended March 13, an increase from 725,000 during the previous period.

Americans should wait to file an amended tax return if they got unemployment benefits last year and already filed their taxes, the IRS said Friday.

Americans stuck abroad for months amid travel restrictions were unable to collect unemployment benefits. Now, many are fighting for that aid.