Do you feel like another major crisis could erupt at any moment? If so, you are certainly not alone. Here in 2020, it has just been one thing after another, and we have come to expect the unexpected. Right now, so many people that I am hearing from are anticipating that more big trouble is just around the corner, but as we wait for “the other shoe to drop”, economic conditions all over the United States continue to rapidly deteriorate. For example, on Thursday we learned that the number of initial claims for unemployment benefits last week was the highest in four months…
No matter what Congress does, 12 million jobless Americans will temporarily lose unemployment benefits marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.
Unemployment is back on the rise in Kansas for the first time since the early days of the COVID-19 pandemic, according to data reported Friday by the Kansas Department of Labor and the U.S. Bureau of Labor Statistics.
The state s unemployment rate hit 5.6% in November, an increase from October s rate of 5%. Estimates suggest the state lost 2,900 jobs from October to November.
It is the first month-to-month increase in unemployment in Kansas since April, when the state s jobless rate shot up to 11.9% in the early days of the COVID-19 pandemic. It then decreased in the following months.
The state also has seen an uptick in the number of residents seeking unemployment benefits for the first time. Almost 40,000 Kansans filed initial claims this week, the most since April.
Unemployment Claims Show Impact of Layoffs as Virus Surges
“It’s going to be a challenging few months,” one economist says. A new pandemic relief bill from Congress could soften the blow.
Vacant retail shops in Columbus, Ohio. The rate of jobless claims has been rising as coronavirus cases remain high across the country.Credit.Maddie McGarvey for The New York Times
Dec. 17, 2020
The surge in coronavirus cases is rippling through the economy, forcing employers to lay off workers at an extraordinarily high rate even as new vaccines and the possibility of more federal aid offer hope for next year.
Many of Hawaiiâs unemployed workers plan rally to demand action from state
Many of Hawaiiâs unemployed workers plan rally, demanding action from state By Casey Lund | December 18, 2020 at 6:42 AM HST - Updated December 18 at 6:58 AM
HONOLULU, Hawaii (HawaiiNewsNow) - For many of Hawaiiâs families, it seems like there is no end in sight when they think about the stateâs unemployment crisis.
The latest weekly initial unemployment claims rose again this week by just a little under 400, now sitting at 4,654.
There are still people waiting on payments, mostly from the Pandemic Emergency Unemployment Compensation or PEUC benefit.