unemployment benefits

Fiscal Cliff Averted: Details of the Deal

An agreement was reached late Monday between the White House and Senate Minority Leader Mitch McConnell aimed at averting the fiscal cliff. Early Tuesday morning, the Senate passed the bill, and late Tuesday night, so did the House. Let's break down the key points of the deal.

Details of 'Fiscal Cliff' Deal Said to Emerge

Working against a midnight deadline, negotiators for the White House and congressional Republicans in Congress narrowed their differences Monday on legislation to avert across-the-board tax increases.

U.S. Jobless Aid Applications Fall to 5-Year Low

The average number of people seeking U.S. unemployment benefits over the past month fell to the lowest level since March 2008, a sign that the job market is healing. The Labor Department said Thursday that weekly applications dropped 12,000 to a seasonally adjusted 350,000 in the week ended Dec. 22. The four-week average, a less volatile measure, fell to a nearly five-year low of 356,750.

Initial Jobless Claims Plunge as Sandy Continues to Distort Data

The number of people seeking U.S. unemployment benefits fell sharply by 41,000 last week to a seasonally adjusted 410,000, though the figure was elevated for the second straight week by Superstorm Sandy. But employment should rebound after the impact of the storm passes.

Weekly Jobless Claims Fell to 355,000

Initial claims for state unemployment benefits dropped 8,000 to a seasonally adjusted 355,000, the Labor Department said on Thursday. The report is a sign the labor market's slow recovery is gaining traction, although Hurricane Sandy's impact on the Northeast may have distorted the data.

U.S. Weekly Jobless Claims Dropped Again

The number of Americans filing new claims for unemployment benefits fell last week, a sign the labor market's slow recovery was gaining traction. Initial claims for state unemployment benefits dropped 9,000 to a seasonally adjusted 363,000, below the median forecast in a Reuters poll of 370,000.

Weekly Jobless Claims Rise, Technical Issues Cited

The number of Americans filing new claims for unemployment benefits rose 46,000 last week to a seasonally adjusted 388,000, reversing a sharp decline in the prior week but still pointing to a labor market that is slowly healing.

Initial Jobless Aid Applications Jump to 382,000

The number of Americans seeking unemployment benefits jumped to the highest level in two months, although the figures were skewed in part by Hurricane Isaac. Applications increased by 15,000 to a seasonally adjusted 382,000, the Labor Department said Thursday. That's up from 367,000 the previous week.

Jobless Claims Drop To Lowest In A Month

The number of Americans filing new claims for jobless benefits fell last week to its lowest level in a month, an upbeat signal for a labor market that has struggled to create enough jobs.

New Unemployment Aid Applications Hold Steady

The number of people seeking unemployment benefits was unchanged last week at 370,000, a number low enough to suggest steady gains in the job market. Applications for benefits are near the lowest levels in four years.

Unemployment Report Signals a Mild Slowdown in Hiring

The number of people seeking unemployment benefits suggests hiring is slowing. The Labor Department said Thursday that applications for initial jobless benefits dipped last week by 2,000, but that was only after it revised the previous week's number upward by 8,000.

Unemployment Applications Drop to a 4-Year Low

The number of people seeking unemployment benefits fell to the lowest point in almost four years last week, the latest signal that the job market is steadily improving. Weekly applications for unemployment benefits dropped 13,000 to a seasonally adjusted 348,000, the Labor Department said Thursday.

Fewer Seek Unemployment Aid as Job Market Improves

The number of people seeking unemployment benefits fell last week to a level that signaled a steadily improving job market. The figures came one day before the government is expected to report that January marked another solid month for hiring.

Job Market Brightens as Unemployment Claims Sink

Far fewer people are seeking unemployment benefits than just three months ago %u2014 a sign that layoffs are falling sharply. The number of people applying for benefits fell last week to 366,000, the fewest since May 2008. If the number stayed that low consistently, it would likely signal that hiring is strong enough to lower unemployment.

New Jobless Claims Drop to 9-Month Low

The number of people applying for unemployment benefits fell last week to the lowest level in nine months, the latest evidence that the job market is improving. The Labor Department said Thursday that weekly applications dropped by 23,000 to a seasonally adjusted 381,000. That's the lowest number of applications since late February.

Slightly More People Seek Unemployment Benefits

The number of people seeking unemployment benefits ticked up slightly last week after two months of steady declines. But the increase isn't enough to reverse the downward trend. The four-week average of applications, a less volatile measure, fell to its lowest level since April. The decline in the average signals that companies are laying off fewer workers.

Unemployment Aid Applications Drop to 7-Month Low

The number of people applying for unemployment benefits fell last week to the lowest level since early April, a sign that layoffs are easing and hiring may pick up. Weekly applications dropped by 5,000 to a seasonally adjusted 388,000, the Labor Department said Thursday. It was the fourth decline in five weeks.

Unemployment Aid Hits 7-Month Low, Trade Gap Falls

The outlook for American jobs and trade looked a little brighter Thursday, despite growing uncertainty overseas. The number of people who applied for unemployment benefits last week fell to a seasonally adjusted 390,000, the Labor Department said Thursday. That's the fewest since April.

Banks Extract Fees On Unemployment Benefits

Out of work and living on a $189-a-week unemployment check, Rob Linville needs to watch every penny. Lately, he has been watching too many pennies disappear into the coffers of the bank that administers his unemployment check via a prepaid debit card.

Assuring Half Your Income When Your Job Goes Away

State unemployment insurance provides money to out-of-work adults, but for most people, those checks are hardly enough to cover the bills. Enter IncomeAssure, a supplemental unemployment insurance policy that lifts your benefit to 50% of your former income for 24 weeks. Is it a product you should consider?

The Financial Landscape: Is Italy the Next Greece?

As the eurozone sovereign debt crisis continues, focus is shifting to Italy as the next potential victim. But for worries closer to home, consider this: $37 billion in U.S. government benefits designed to help people through the downturn will expire by the end of 2011, leaving a hole twice that size in the economy.

Best and Worst States for Jobless Benefits

For the nearly 14 million Americans who want to work and can't find jobs, unemployment insurance is a vital lifeline. But how much help that lifeline is varies widely from state to state. 24/7 Wall St. and DailyFinance crunch the numbers to see which states are the best -- and worst -- places to be unemployed.

Fewer People Apply for Unemployment Benefits

Fewer people applied for unemployment benefits last week, providing support for the view that there will be stronger job growth this year. Applications fell to a seasonally adjusted 385,000 last week, marking the third decline in the past four weeks, the Labor Department reported Thursday.

Where's an Extra $1 Trillion in Spending Going?

Remarkably, Washington spends $1 trillion more a year now than it did a mere three years ago. But trying to figure out where all that extra money is going is no simple matter. However, a lot of slicing and dicing does yield some answers -- none of which are very satisfying.