unemployment

Although the overall jobs market is starting to come back, youth unemployment remains stubbornly high, creating a lot of anxiety among the latest class of college and high school seniors.

A new study looks at the effect of unemployment benefit generosity on employment levels during the Covid-19 pandemic.

Almost a year after identity thieves made off with tens of billions of dollars in COVID-19 unemployment relief, the system remains vulnerable. And scammers are coming to light now during tax time.

Millions who lost jobs at the beginning of the pandemic are still out of the labor force, making up levels of the unemployed not seen since the Great Recession.

The change is a compromise between progressive members who wanted enhanced benefits for several more months and moderate Democrats who wanted to curb the weekly payments.

Meanwhile, the unemployment rate dipped to 6.2% last month as the winter wave of coronavirus infections eased.

Backers of the president's ambitious stimulus plan say it will help struggling families and businesses, but critics say it goes too far.

Powell warned it will take time to put millions of jobless Americans back to work, while also downplaying inflation threats.

The legislation is set for a vote on the House floor at the end of the week. The Senate is then expected to modify it to ensure it can pass procedural hurdles.

Some businesses are struggling to find workers even as millions are unemployed, as the pandemic has made this a recession like no other.