First-time unemployment claims hold steady 208,000

U.S. residents filing for first-time unemployment benefits held steady at a seasonally-adjusted 208,000 last week, equaling the revised total of the week before, the Labor Department announced on … U.S. residents filing for first-time unemployment benefits held steady at a seasonally-adjusted 208,000 last week, equaling the revised total of the week before, the Labor Department…

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Beating inflation will likely require U.S. unemployment to rise

As the economy normalizes from the pandemic, standard economic relationships are reasserting themselves. That means beating inflation will likely require an increase in the U.S. unemployment rate, … As the economy normalizes from the pandemic, standard economic relationships are reasserting themselves. That means beating inflation will likely require an increase in the U.S. unemployment rate,…

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Workers to get $55M after Michigan agency took back pandemic unemployment aid

The Michigan Unemployment Insurance Agency has agreed to a $55 million settlement after it demanded benefits back from workers during the COVID-19 pandemic. The Michigan Unemployment Insurance Agency has agreed to a $55 million settlement after it demanded benefits back from workers during the COVID-19 pandemic.The preliminary settlement reached April 25 resolves a class-action lawsuit…

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