Finance Unemployment

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US unemployment during Covid-19 pandemic approaches 55 MILLION

Russia Today 06 Aug 2020

“Initial claims have remained stubbornly high, and the number of individuals receiving unemployment insurance has barely declined from its peak,” said Credit Suisse Chief Economist James Sweeney, as cited by Yahoo Finance ... For more stories on economy & finance visit RT's business section ....

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The smart guide to personal finance in a post-COVID world

Johnson City Press 06 Aug 2020

VantageScore recommends these steps for managing your personal finances throughout COVID's impact.. Understand unemployment. Self-employed and freelance workers were able to collect unemployment along with those traditionally employed under the CARES Act ... Visit to find out more about your state's unemployment insurance program....

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Economic turmoil spells trouble for unemployed

Lebanon Express 06 Aug 2020

If this is correct, I expect to soon see mass starvation and rioting in the streets since we have now seen 40% file for unemployment ... So, let’s talk about the effect of COVID-19 on the unemployment rate ... Wire Prostoknow Tns Chicago Federal Reserve Bank Unemployment Rate Paycheck Economist Economics Work Finance Commerce Financial Support....

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The Underemployment Crisis

The Atlantic 06 Aug 2020

Not only are 18 million Americans unemployed; ... “Underemployment is really semi-unemployment.” The CLASP data point is one of many indicating that American families’ finances were precarious before the virus hit, even as the jobless rate sank to its lowest point in a half century....

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COVID-19 affects health of men more severely, but its impact on women is vast and understudied

Yahoo Daily News 06 Aug 2020

A >2015 World Bank report found that 60 percent of women in Liberia remained unemployed a year after the outbreak began, compared to 40 percent of men. In one micro-finance group set up to empower women in Kailahun in Sierra Leone that Smith of Simon Fraser University worked with, nine out of 35 women died of Ebola....

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Americans are surprisingly confident about their job security and finances, even in some of the ...

Business Insider 05 Aug 2020

... career and their finances ... Although workers seem to be confident in their job security and finances, unemployment in Florida is relatively high ... Workers may be confident in their finances and job security because of the state's low unemployment rate relative to the rest of the US....

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Roughly 5.4 million Americans will struggle to pay bills this month without the extra $600 weekly unemployment benefit, survey finds

The Times of India 05 Aug 2020

... $600 weekly unemployment benefit, according to a Wednesday survey from Morning Consult ... "As each month passes, it will become increasingly difficult for unemployed workers to use their savings to cover the shortfall in their finances," said Leer....

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Roughly 5.4 million Americans will struggle to pay bills this month without the extra $600 ...

Business Insider 05 Aug 2020

Roughly 5.4 million Americans will struggle to pay bills this month without the extra $600 weekly unemployment benefit, ... "As each month passes, it will become increasingly difficult for unemployed workers to use their savings to cover the shortfall in their finances," said Leer....

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3 reasons to combine your finances when you get married — and 3 reasons not to

Business Insider 05 Aug 2020

Keeping your finances separate from your partner isn't uncommon — about 37% of married millennials keep separate accounts , according to a survey by Business Insider and Morning Consult. Keeping finances separate could foster harmony in your relationship if you have very different spending styles....

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OPINION: Congress should continue enhanced unemployment benefits

The Keene Sentinel 05 Aug 2020

Senate continues to stumble toward another stimulus bill, about 25 million Americans are seeing their unemployment benefits significantly reduced ... “No form of the fiscal stimulus has proved more effective during the past two years than emergency [unemployment insurance] benefits,” Zandi said in testimony to the Senate Finance Committee in April....

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Coronavirus Ireland: Unemployment rate could hit 15pc for second half of year - Donohoe

Irish Independent 05 Aug 2020

Ireland’s unemployment rate is headed for between 14pc and 15pc for the second half of the year, Finance Minister Paschal Donohoe has predicted ... Asked about the alarming hole in finances, Mr Donohoe said the State had no choice but to borrow “so much to help our country recover” and to manage the pandemic....

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Finance Minister warns of worsening unemployment situation in NZ this year amid pandemic

TVNZ 05 Aug 2020

While unemployment statistics showed a slight improvement yesterday, Finance Minister Grant Robertson says the worst is yet to come amid the Covid-19 pandemic ... Yesterday, Stats NZ revealed unemployment in New Zealand had actually dropped to four per cent ... But in a Covid-19-related anomaly, New Zealand’s unemployment rate has actually fallen....

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