The Coronavirus pandemic has taken the United States by storm. It has shuttered the economy leading to a drastic increase in the unemployment rate. In Texas alone, the unemployment rate was 13% in May, and about 2.7 million people have filed for Unemployment Insurance (UI) since mid-March. The Texas Workforce Commission (T.... Read more »
The Department Of Labor provides Unemployment Insurance (UI) benefits if you lose your job through no fault of your own. But the question is, can you collect your unemployment if you quit a job? The answer, Depends. If you quit your job voluntarily without good cause, you cannot collect your unemployment benefits. But if y.... Read more »
The states provide Unemployment Insurance (UI) benefits to those who lost their jobs through no fault of their own. Though this financial relief measure is a federal-state program, the amount is collected from employers in the form of state unemployment insurance taxes. Since the taxes collected from employers are used to .... Read more »
To contain the pandemic, the states had asked their citizens to stay at home. This measure forced many businesses to shut down temporarily and furlough their employees. To help the unemployed meet their financial requirements, the states had announced the CARES Act, which included various Read more »
The states provide unemployment benefits to help the unemployed meet their financial needs temporarily. States use different formulas to calculate the unemployment benefits. In general, the amount is determined by wages earned during the primary and alternate base period, and the amount given is half the wages. But in some cases you may be paid more than what you ar.... Read more »
Due to the outbreak of the Coronavirus pandemic, millions of Californians are losing their jobs. To cope up with the situation, the Employment Development Department (EDD) is providing unemployment benefits in California. The benefits are not only available to the unemployed, but also to people who are quarantined or are caring for the sick.
To help the unemployed meet their financial needs, the U.S. Congress has passed a $2 trillion stimulus package, known as the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The CARES Act includes several unemployment benefits programs, and one among them is the Federal Pandemic Unemployment Compensation (FPUC) program.
As a sector dominated by gig workers and contractors, unemployment in arts, entertainment and recreation sector has been drastic, next only to the accommodation and food services sector in scale. Sub-sectors include performing arts, museums, theatres, amusement parks, gambling arcades, stage shows, fitness centers, spectator sports, etc. The movie industry also .... Read more »
The global economic shutdown following the Coronavirus pandemic began with a lot of speculation and fear over the prospective job losses. Three weeks on we have a clearer picture of what is happening and what the future will need in terms of bouncing back from the economic impact. We will take a brief look at how unemployment due to coronavirus is faring and what th.... Read more »
Retail Trade is a significant sector in the modern economy. It employs a large number of people across various verticals from food to fashion. The market has players as big as Amazon to small neighborhood artisanal stores. You’d expect retail trade to be hit badly by the coronavirus, but there is a mixed record. What is the unemployment in retail trade looking lik.... Read more »