The latest report from the Department of Labor for the week from March 21-28 is just in. The unemployment claim numbers are at an all-time high for the second week running at 6,648,000 seasonally adjusted initial claims. The labor department reports that most states attribute these numbers to layoffs led by the accommodation and food services sector.
If you have lost your job, don’t lose hope yet. You may be eligible for unemployment benefits, so ensure that you file a UI claim right away. The US government has expanded Unemployment Insurance eligibility criteria to deal with the coronavirus-induced joblessness. But what if you live in one of the states with the worst unemployment insurance benefits? .... Read more »
The novel coronavirus has posed the US government with a dreadful conundrum- save the economy or save lives? It's a chicken and egg situation. The social distancing and the resultant economic slowdown, spiking unemployment and poverty will endanger people. Without these measures, lives will be lost due to disease and co-morbidities. This begs the question: how is .... Read more »
There is little doubt that coronavirus has taken the world by storm. With West Virginia reporting a confirmed case, all 50 states in the United States are now affected by the coronavirus pandemic. The deadly virus is not only leading to the shutdown of the states and assaulting the U.S. economy but also is increasing the unemployment rate. For those losing employment through no fault of their own,.... Read more »
Those facing the heat of the Coronavirus outbreak with respect to job losses can now breathe easier since several states across the US are expanding unemployment insurance eligibility to deal with the fallout. We will tell you all about how you can collect unemployment benefits if Coronavirus-induced slowdown has gotten you laid off. Remember that you must file clai.... Read more »