Unemployment Benefits

U.S. unemployment aid applications fell to 187,000 in the week ending July 18, the lowest level since 1969, despite global economic uncertainty and rising oil prices. The number of applications was below analysts' forecasts and indicates a historically low layoff rate, though concerns remain about potential long-term impacts from energy costs and geopolitical tensions.

US unemployment benefit applications fell to 187,000 in the week ending July 18, the lowest level since 1969, below analyst forecasts. Despite global economic uncertainty and rising oil prices, layoffs remain historically low, though analysts warn of potential long-term impacts from energy costs and geopolitical tensions.

U.S. unemployment claims fell to 187,000 in the week ending July 18, the lowest level since 1969, below analysts' forecasts. Despite rising oil prices and energy costs, the job market remains resilient, though concerns persist about potential long-term impacts from economic uncertainties.

Unemployment recipients in Michigan must now report three work search activities weekly, starting July 19, under new rules part of bipartisan legislation signed by Gov. Gretchen Whitmer. The change phases in based on certification schedules, and failing to meet the requirement results in lost benefits. Maximum weekly unemployment benefits will also increase from $530 to $614 starting January 1.

The former chief financial officer of The Epoch Times, Weidong 'Bill' Guan, pleaded guilty to conspiracy in a $67 million money laundering scheme involving fraudulent unemployment benefits and cryptocurrency. He admitted to knowingly processing criminal funds through the company's accounts and personal accounts.

Weidong 'Bill' Guan, former CFO of The Epoch Times, pleaded guilty to conspiracy in a $67 million money laundering scheme involving cryptocurrency and fraudulently obtained unemployment benefits. The scheme used stolen personal information and prepaid debit cards to launder funds through the company's accounts, leading to a 410% increase in the organization's revenue.

The number of Americans filing for unemployment benefits decreased slightly to 215,000 last week. Layoffs in the U.S. remain at historically low levels.

U.S. jobless claims fell to 215,000 in the week ending June 27, below analysts' forecasts of 225,000. The four-week moving average of claims dropped to 222,000, while total filings for the prior week reached 1.81 million.

U.S. jobless aid applications fell to 215,000 in the week ending June 27, below the 225,000 forecast by analysts. The four-week moving average of claims decreased to 222,000, while the prior week's total filings rose to 1.81 million.

U.S. jobless aid filings decreased to 215,000 in the week ending June 20, below analysts' forecasts of 225,000, indicating low layoffs despite economic challenges. The four-week moving average of claims rose slightly, while total filings for the prior week increased to 1.82 million.

US jobless aid filings decreased to 215,000 in the week ending June 20, below analysts' forecasts of 225,000. The four-week moving average of claims rose slightly to 224,250, while the total number of filings for the prior week increased to 1.82 million.

U.S. jobless aid filings decreased to 215,000 in the week ending June 20, below analysts' forecasts, despite economic headwinds. The four-week moving average of claims rose slightly, while the total number of filings for the prior week increased to 1.82 million.

U.S. unemployment benefit filings decreased to 226,000 in the week ending June 13, aligning with analyst forecasts. The four-week moving average of jobless claims rose slightly, while the total number of filings for the prior week was higher than expected.

Unemployment is rising in the Seattle metro area, with unemployed workers receiving $690 per week in benefits that barely cover basic living costs.

Jobless claims rose to a four-month high at the end of May, but the increase is attributed to the timing of the Memorial Day holiday rather than rising layoffs.

The U.S. Labor Department has ordered financial institutions to freeze approximately $1 billion in fraudulently obtained unemployment benefits that were distributed during the COVID-19 pandemic. This action aims to recover funds that were improperly paid out through the pandemic relief programs.

US jobless claims fell by 3,000 to 209,000 for the week ending May 16, beating analyst forecasts of 213,000. The decline indicates that lay-offs remain low despite ongoing economic uncertainties. Weekly unemployment filings serve as a key real-time indicator of the job market's health.

The number of Americans filing for unemployment benefits increased slightly to 214,000 last week, but remains within the historically healthy range observed in recent years.

Stolen identities are sold for low prices, enabling fraud in US benefit programs like unemployment, Medicaid, and food assistance. Criminals use AI and online tools to file fraudulent claims, leading to billions in potential losses and prompting increased congressional scrutiny.