Minnesota has seen 464,513 new applications for unemployment insurance since the beginning of the coronavirus pandemic.
Read MoreMinnesota Unemployment Applications Up 79,000 From Last Week
Tag: unemployment
JPMorgan Foresees an Apocalyptic Second Quarter, with Unemployment Hitting 20 Percent
JPMorgan economists expect the second quarter to be a bad one, with 25 million jobs lost and a sizable chunk taken out of the country’s gross domestic product as the coronavirus pandemic hits its stride.
Read MoreMinnesota Unemployment Claims Up to 385,000
Minnesota has seen 385,318 new applications for unemployment insurance since the beginning of the coronavirus pandemic, Department of Employment and Economic Development (DEED) Commissioner Steve Grove said Thursday.
Read MoreMarch Jobs Report: 701,000 Jobs Lost, Unemployment Jumps to 4.4 Percent
The U.S. economy lost 701,000 jobs in March, while the unemployment rate rose to 4.4%, according to the Department of Labor data released Friday.
Read MoreMinnesota Group Wants Unemployment Insurance for Illegal Immigrants
A progressive group in Minnesota wants state and national lawmakers to pass a “stronger unemployment insurance package” that includes benefits for illegal immigrants.
TakeAction Minnesota, a progressive community organizing group, released a list of policy proposals that it would like to see included in any stimulus package passed in response to the coronavirus pandemic.
Read MoreCommentary: Senate Paves Road to Reopening the Economy with Coronavirus Relief Bill, But When Will States Reopen Schools?
By a vote of 96-0, the U.S. Senate has passed a $2.2 trillion legislative package, by far the largest in U.S. history, to keep tens of millions of Americans on payroll and expand unemployment benefits to those who are laid off while the country waits out the deadly Chinese coronavirus that poses additional risk to seniors and those with underlying conditions.
That way, when the virus passes, those businesses, particularly the 30 million small businesses that are struggling most of all right now, but also critical industries, will be able to rapidly reopen and we can get back to our lives.
Read MoreMinnesota Had 116,000 New Unemployment Claims Last Week
Minnesota has seen 182,000 workers apply for unemployment insurance since the beginning of the coronavirus pandemic, Department of Employment and Economic Development (DEED) Commissioner Steve Grove said Thursday.
Read More3.3 Million File Unemployment Claims in U.S. – a Record Number
Nearly 3.3 million Americans filed unemployment claims last week, a record number as businesses were forced to shut down to help slow the spread of the novel coronavirus.
The U.S. Department of Labor reported Thursday that 3.28 million claims were filed in the week that ended March 21. That marked an increase of more than 3 million claims over the week prior, when 282,000 claims were filed.
The previous high in a single week, according to the department, was in October 1982, when about 695,000 claims were filed. The nearly 3.3 million claims filed last week is nearly five times the prior record.
Read MoreFebruary Jobs Report: 273,000 Added, Unemployment at 3.5 Percent
The U.S. economy added 273,000 jobs in February, while the unemployment rate was almost unchanged at 3.5%, according to Department of Labor data released Friday.
Read MoreCommentary The U.S. Economy Grew Another 2.3 Percent In 2019, Making 2020 Look Awesome for President Trump
What ever happened to that imminent recession the mainstream media was reporting?
Read MoreMinneapolis-St. Paul Only Statistical Area to Lose Jobs on the Year
Minneapolis-St. Paul was the only Metropolitan Statistical Area to lose jobs on the year, according to numbers released by the Department of Employment and Economic Development (DEED).
Read MoreCommentary: The August Jobs Report Is Not ‘Mixed’ It’s Yuuge
The anti-Trump talking-down-the-economy crowd has America already in a recession, with POLITICO’s Morning Money leading its Thursday morning news with, “…manufacturing in recession and capital expenditures dropping, the strong consumer is the final leg holding up the U.S. economy. But the length of the workweek dipped in July, often a leading signal that employers are cutting back. A sharp slowdown in job creation could follow.”
Read MoreAugust Jobs Report: 130,000 Jobs Added, Unemployment Remains at 3.7 Percent
The U.S. economy added 130,000 jobs in August, while the unemployment rate remained at 3.7%, according to Department of Labor data released Friday.
Read MoreFAKE NEWS: Drudge Report Touts MarketWatch Article of Half-Million Jobs Lost When 2.2 Million Jobs Were Created
You might have noticed some alarmist reporting from Marketwatch and the Drudge Report implying the economy lost 500,000 jobs last year.
Read MoreJuly Jobs Report: 164,000 Jobs Added, Unemployment Remains at 3.7 Percent
The U.S. economy added 164,000 jobs in July, while the unemployment rate remained at 3.7%, according to Department of Labor data released Friday.
Read MoreMay Jobs Report: 75,000 Jobs Added, Unemployment Remains at 3.6 Percent
by Mary Margaret Olohan The U.S. economy added 75,000 jobs in May, while the unemployment rate remained at 3.6 percent, according to Department of Labor data released Friday. Economists predicted 180,000 jobs would be added and that wage growth would rise to about 3.2%, according to The Wall Street…
Read MoreUnemployment Claims Hit 50-Year Low
by Henry Rodgers The total number of workers claiming unemployment insurance fell to the lowest level in 50 years, the Department of Labor reported Thursday. The number of applications claiming unemployment insurance benefits dropped by 10,000, bringing the number of applicants to 202,000, the lowest recorded number since Dec.…
Read MoreUnemployment Jumps, Minnesota Loses 8,800 Jobs During Walz’s First Full Month
Minnesota’s Department of Employment and Economic Development, or DEED, released its monthly jobs report Thursday, and the results weren’t good for Gov. Tim Walz’s first full month in office. According to the report, Minnesota lost 8,800 seasonally adjusted jobs in February, and the unemployment rate climbed from 3 percent to…
Read MoreThe Most People in Nearly 20 Years Quit Their Jobs for Better Ones in 2018
by Tim Pearce Roughly 2.4 percent of the Americans in the workforce quit their jobs in the past year, the fastest rate since 2001, according to the Bureau of Labor Statistics (BLS). The BLS’s most recent version of the Job Openings and Labor Turnover Survey (JOLTS) found that an…
Read More‘Don’t Screw Us Over,’ Ohio Workers Warn Candidates
by Ramon Taylor Brandy Corwin likes that she can now wear makeup and nice clothes to work. That is because she is no longer working on the assembly line at the General Motors plant in Fort Wayne, Indiana. “I was laid off multiple times, and having a family, you can’t…
Read MoreGreat Economic News Bedevils Trump Detractors
by Rick Manning The incredibly positive economic data that keeps coming out from both private and public sector sources leads to one overriding question: Will the Trump economic detractors ever get tired of being wrong? Over the course of the past six months, we have heard how tariffs against the…
Read MoreTennessee Adds 45,000 Jobs Over Past Year
Tennessee’s unemployment rates remain low and the state added 45,000 jobs the past year, the National Federation of Independent Business said. According to the March 2018 numbers from the Tennessee Department of Labor and Workforce Development, 82 of the state’s 95 counties saw lower unemployment rates that month than they…
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