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+1 +1
Millions Are Unemployed. Why Can’t Companies Find Workers?
In a red-hot economy coming out of a pandemic and lockdowns, with unemployment still far higher than it was pre-Covid, the country is in a striking predicament. Businesses can’t find enough people to hire.
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+11 +1
US unemployment claims drop to a pandemic low of 498,000
The number of Americans seeking unemployment benefits fell to 498,000 last week, the lowest level since the viral pandemic struck 14 months ago and a sign of the job market’s growing strength as businesses reopen and consumers increase spending.
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+21 +3
"Nobody Wants to Work Anymore": The Truth Behind This Unemployment Benefits Myths | US Unemployment and Employment Data - Eminetra
AFrom t’s restaurants nationwide AlbuquerqueTo New Mexico Fort worth, Texas – The same signs are appearing. Please wait for a while for the staff who appeared. Nobody wants to work anymore. “ The federal government’s expansion of $ 300 weekly unemployment benefits means keeping people at home rather than behind cashiers or in fast-food kitchens. …
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+16 +2
April's expected hiring boom goes bust as nonfarm payroll gain falls well short of estimates
Hiring was a huge letdown in April, with nonfarm payrolls increasing by a much less than expected 266,000 and the unemployment rate rose to 6.1% amid an escalating shortage of available workers. Dow Jones estimates had been for 1 million new jobs and an unemployment rate of 5.8%.
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+13 +1
Employers are outraged that workers won't come crawling to work for peanuts in a pandemic
The big push is on to blame the American Rescue Plan for businesses not being able to find enough workers to fill their jobs. Business owners—restaurant owners in particular—are lining up to tell reporters how those darn lazy workers would rather stay...
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+14 +2
24% of unemployed workers have been jobless for over a year
The share of long-term unemployed is rising even as the U.S. jobless rate is falling. That's an unusual dynamic for recessions, economists said.
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+12 +3
PwC says start when you like, leave when you like
Accountancy giant staff can choose the hours they work and mix home and office following pandemic.
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+14 +3
Hiring is speeding up again and jobs are coming back as the U.S. economy gains steam
Declining coronavirus cases, $1,400 stimulus checks and relaxed restrictions on business can only mean one thing: Jobs are coming back —and so is the U.S. economy.
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+12 +2
New Covid-19 Unemployment Benefits to Keep Stimulus Flowing Through Summer
Enhanced unemployment benefits included in the $1.9 trillion pandemic-relief package signed on Thursday by President Biden could keep billions of dollars a week in stimulus flowing into the economy through the summer.
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+18 +3
'Why Us?': A Year After Being Laid Off, Millions Are Still Unemployed
Janitor Gloria Espinoza still vividly remembers the moment she was laid off last year. A supervisor gathered her and her colleagues at a parking lot of the office where she worked in San Francisco and then broke the news. "I thought, 'God, why us?'," Espinoza said. "It was like receiving a bucket of cold water."
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+20 +1
Uber drivers are workers not self-employed, Supreme Court rules
Uber drivers must be treated as workers rather than self-employed, the UK's Supreme Court has ruled. The decision could mean thousands of Uber drivers are set to be entitled to minimum wage and holiday pay. The ruling could leave the ride-hailing app facing a hefty compensation bill, and have wider consequences for the gig economy.
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+19 +3
Hundreds of Google and Alphabet employees unionize
Google employees take another step in their activism, Venmo adds a check-cashing feature and Slack has some issues. This is your Daily Crunch for January 4, 2021. More than 200 employees at Google and its parent company Alphabet have announced that they have formed the Alphabet Workers Union.
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+12 +2
Looking for a job? This university shared its database with thousands of remote job openings
California State University, East Bay published a public database of remote job vacancies across the country to help people struggling to find employment due to the pandemic. In a press release last week, the university said it wants to help "pull the rising unemployment level in the country back to its normal level."
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+14 +2
1 in 4 Americans are jobless or earning poverty-level wages, new study finds
Official government figures show that unemployment around the U.S. has fallen sharply since peaking at nearly 15% in April as the coronavirus was shuttering businesses left and right. Yet the jobless rate as depicted in headlines offers a skewed picture of employment today, failing to capture the real financial pressure bearing down on millions of Americans, according to a new study.
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+27 +5
Millions of Unemployed Americans Face Loss of Benefits at Year’s End
Two key programs Congress passed this year to expand and enhance unemployment insurance expire on Jan. 1, leaving millions of people without benefits unless lawmakers can break a monthslong deadlock over a fresh round of pandemic relief.
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+8 +1
Long-term unemployment is on the rise, economists and social scientists worry
As the number of coronavirus cases continue to increase, the number of Americans who have been jobless for more than 26 weeks jumped to 3.6 million last month. This worries labor economists and social scientists about the slow rate of economic recovery amid the coronavirus pandemic.
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+10 +2
Unemployment is falling. Long-term unemployment is ballooning
The number of unemployed workers continues to fall, reflecting a rebound from the deep economic hole gouged out by the coronavirus pandemic in the early spring. But a sinister trend is churning under the surface. Long-term unemployment — a period of joblessness lasting more than 27 weeks (or, six months) — is accelerating quickly.
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+10 +2
Job policies that offer generous unemployment benefits create more happiness – for everyone
Governments use a variety of labor market policies to support workers who lose their jobs – each with a different impact on a country's well-being.
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+15 +4
Layoffs thought to be temporary are now permanent for nearly 4 million Americans
When the initial wave of layoffs due to the coronavirus hit the U.S. economy in April and subsequent lockdowns, many people thought these losses would be temporary phenomenon that would quickly rebound as businesses reopened.However, the new employment data seems to suggest that these “temporary” job losses have turned permanent for millions of Americans.
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+16 +2
Jobless claims jump, hitting highest level since mid-August
American workers continued to hit the unemployment line in large numbers last week, with 898,000 new claims filed for jobless benefits. Economists surveyed by Dow Jones had been looking for 830,000. The total for the week ended Oct. 10 was the highest number since Aug. 22 and another sign that the labor market continues to struggle to get back to its pre-coronavirus pandemic mark as cases rise and worries increase over a renewed wave in the fall and winter. The number represented a gain of 53,000 from the previous week’s upwardly revised total of 845,000.
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