Nevada’s largest small business group asked Gov. Steve Sisolak to stop accepting federal unemployment benefits in a letter it released on Thursday. The National Federation of Independent Business Nevada (NFIB) argued in the letter, which was dated last Friday, that the combination of Nevada’s unemployment benefits and the federal benefits essentially pays an unemployed person $15…
Small Business Group Calls on Nevada Governor to End Federal Unemployment Benefits
US Unemployment Claims Fall to 360,000, a New Pandemic Low
WASHINGTON—The number of Americans applying for unemployment benefits has reached its lowest level since the pandemic struck last year, further evidence that the U.S. economy and job market are quickly rebounding from the pandemic recession. Thursday’s report from the Labor Department showed that jobless claims fell by 26,000 last week to 360,000. The weekly tally,…
US Jobless Claims Unexpectedly Rise, Overall Trend Points Lower
WASHINGTON—The number of Americans filing new claims for unemployment benefits rose slightly last week but continuing claims dropped, another indication that the labor market recovery from the COVID-19 pandemic continues to be choppy. Businesses have reopened at a rapid clip, boosted by a rollback in restrictions. Still, the job market rebound has been anything but…
Human Nature and Government Checks
Commentary Books and articles—scientific as well as theological—have been written on human nature. Still, most people don’t understand it, or refuse to learn from it, or worse, play to its dark side. Some politicians play to the dark side of human nature because it empowers them and extends their careers at taxpayer expense. They never…
Jobs Recovery Gains Speed In States That Are Ending Federal Benefits
WASHINGTON—Many economists are scrambling to work out if the federal pandemic unemployment benefits have really discouraged workers from returning to work. There is a variety of factors contributing to the current labor shortage, they say. Early signs, however, show an acceleration in the labor market recovery in states that have ended the supplemental federal benefits early. Severe…
Indiana Must Reinstate Federal Unemployment Benefits, Judge Rules
An Indiana judge on Friday ordered that the state must continue the expanded federal unemployment benefits that were implemented during last year’s pandemic relief efforts, saying that ending the funds ahead of their expiration date could cause “irreparable harm” to residents who are unable to pay for daily necessities. Marion County Superior Court Judge John…
Deep Dive (June 3): New York Gov. Cuomo’s Investigations Fall on Taxpayers
Half of the United States announced that they would end federal pandemic unemployment benefits soon. These governors are concerned that jobless benefits are keeping millions of American workers from getting back to work. This comes as a Fed report, released Wednesday, found that despite companies increasing salaries, there’s still a shortage of workers. The Senate…
US Jobless Claims Drop to 385,000, Another Pandemic Low
WASHINGTON—The number of Americans seeking unemployment benefits fell last week for a fifth straight week to a new pandemic low, the latest evidence that the U.S. job market is regaining its health as the economy further reopens. The Labor Department said Thursday that jobless claims dropped to 385,000, down 20,000 from the week before. The…
Texas, Indiana, Oklahoma to End Federal Unemployment Benefits in June
Texas, Indiana, and Oklahoma on Monday announced that they will be joining a growing number of GOP-led states in ending the expanded federal unemployment benefits that were implemented during last year’s pandemic relief efforts. In a letter (pdf) to the Biden administration, Texas Gov. Greg Abbott said that the $300 weekly extra payments under the…
Georgia to End Federal Unemployment Benefits in June, Announces Economic Recovery Plan
Georgia is set to end its participation in federal unemployment programs, including the $300 weekly federal unemployment payments that top up the state’s unemployment benefits, Gov. Brian Kemp said in a release on Thursday while announcing the state’s plan for economic recovery. The Peach State will discontinue on June 26 four federal unemployment programs that were…
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