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California Employment Development Department (EDD) Reports More Californians Receiving Extended Federal Benefits and More Than 1.4 Million Claims Identified as Potentially Fraudulent

Published: Sunday, 17 January 2021 05:54 January 17, 2021 - Sacramento – Californians impacted by the historic COVID-19 pandemic are now starting to see the availability of up to 11 weeks of additional unemployment benefits from two federal programs. The California Employment Development Department (EDD) is automatically re-opening Pandemic Unemployment Assistance (PUA) and Pandemic Emergency Unemployment Assistance (PEUC) claims for those who had a balance remaining on those claims when...
United States Us Department Of Labor Strike Team California Employment Development Department Pandemic Unemployment Assistance Pandemic Emergency Unemployment Assistance

US weekly jobless claims rise to 965,000, biggest increase since March

Marcelo Hernandez/Getty New US jobless claims for the week that ended Saturday totaled 965,000, the Labor Department said Thursday, signaling the labor markets rebound weakened through the end of the holiday season. Economists surveyed by Bloomberg expected a reading of 800,000 claims. The data shows a sizable increase from the previous weeks revised number of 784,000. The jump was the biggest since March. Continuing claims, which track Americans receiving unemplo...
United States Labor Department Vanden Houten Oxford Economics Job Openings Labor Turnover

The Conference Board Employment Trends Index™ (ETI) Remained Unchanged in December

The Conference Board Employment Trends Index™ (ETI) Remained Unchanged in December The spread of COVID-19 and resulting policy restrictions halt labor market recovery News provided by Share this article Share this article NEW YORK, Jan. 11, 2021 /PRNewswire/ -- The Conference Board Employment Trends Index™ (ETI) was virtually unchanged in December, after seven consecutive monthly increases that started in May. The index now stands at 99.01, down from 99.05 (an upward revision) in November. ...
United States Industry Us Bureau Of Labor Statistics Sales Us Bureau Of Economic Analysis Bureau Of Labor Statistics Employment Situation Conference Board Consumer Confidence National Federation Of Independent Business Research Foundation

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EUR/USD reclaims part of the ground lost, still below 1.2300

1/7/2021 2:45:16 PM GMT | By Pablo Piovano EUR/USD rebounds from 2-day lows around 1.2245. The dollar remains bid as US yields climb above the 1.0% mark. US Initial Claims rose 77K WoW ahead of the ISM Non-Manufacturing. EUR/USD remains in recovery-mode following the earlier test of lows in the mid-1.2200s. EUR/USD weaker on USD-buying EUR/USD so far halts a 3-day positive streak, coming under selling pressure after hitting new tops in the 1.2350 region o...
Consumer Confidence Initial Claims நுகர்வோர் நம்பிக்கை ஆரம்ப கூற்றுக்கள்

Christmas Eve: Bus. Dev., MLO, AE Jobs; Verification Tool; Disaster News; What is "Build for Rent"?

Christmas Eve: Bus. Dev., MLO, AE Jobs; Verification Tool; Disaster News; What is "Build for Rent"? Dec 24 2020, 8:12AM New Homes Sales tumbled over 11 percent in November. Does that mean no one wants new homes, they’re over-priced, or there aren’t any to buy? One has to look at statistics critically. Housing stats tell us that bigger isn’t always better. Per the Census Bureau, the average square footage of new homes sold in the U.S. dropped from 2,724 in 2015 t...
United States Brian Miller James Hooper Mike Kortas Michael Neill United States Department Of The Treasury

Ops, MLO, Bank Sales Management Jobs; QC Report, Retention, Cap. Markets Tools; Jumbo and Non-QM Tidbits

Ops, MLO, Bank Sales Management Jobs; QC Report, Retention, Cap. Markets Tools; Jumbo and Non-QM Tidbits Dec 23 2020, 8:23AM My cat Myrtle (Myrtlus Domesticus) doesn’t have much in the way of material possessions. Need to get rid of unwanted junk during the holidays? Put it in Amazon boxes and leave them on your front porch. The holidays are a time of a lot of awkward meetings, especially your girlfriend’s parents. Here is an entertaining 3-minute video with subti...
United States New Mexico Kansas City Freddie Mac Nick Volpe Anjelica Nixt

Initial Unemployment Claims are on the rise again

12/18/2020 3:02:17 AM GMT Initial unemployment claims rose for the fourth time in five weeks. 4-Week Moving Average in Initial Claims  The best way to spotlight trends in initial claims is to look at the 4-week moving average.  I added that chart for this weeks report. The 4-week moving average trend lower bottomed two weeks ago at 740,000 and is now 812,500.  It rose for the second consecutive week. That hasnt happened since April 18. Initial State Unemployment Claims in 2020 2020-11-17  I...
United States Gavin Newsom Week Moving Average Initial Claims State Unemployment Claims Emergency Unemployment Claims

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