Michigan paid up to $8.5 billion in fraudulent jobless claims during the pandemic

Michigan paid up to $8.5 billion in fraudulent jobless claims during the pandemic

This post was originally published on this site Other states have reported similar losses. Ohio reported it paid out more than $3.8 billion in fraudulent jobless aid. California has paid out at least $20 billion. (Image credit: Jeff Kowalsky/AFP via Getty Images)

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Initial jobless claims flat for the week

Initial jobless claims flat for the week

This post was originally published on this siteInitial unemployment claims were unchanged last week, amid questions about the omicron variant’s impact on the job market, the Department of Labor said Thursday.Seasonally adjusted initial claims for unemployment insurance were 205,000 for the week…

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Jobless Claims Trending Near Historic Lows Despite Omicron Concerns

Jobless Claims Trending Near Historic Lows Despite Omicron Concerns

This post was originally published on this siteEconomists estimate new unemployment applications in the week ended Dec. 18 held just above a five-decade low, but say layoffs could pick up in the weeks ahead.

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Jobless Claims Likely Continued Downward Trend

Jobless Claims Likely Continued Downward Trend

This post was originally published on this siteEmployers are holding on to their workers while struggling to hire more as prime-age workers’ participation in the labor market remains below pre-pandemic levels.

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Unemployment Claims Likely Extended Drop

Unemployment Claims Likely Extended Drop

This post was originally published on this siteWorker filings for jobless benefits fell through much of the summer despite a surge in Covid-19 cases caused by the Delta variant.

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Unemployment Insurance Improvement Act would require states provide minimum 26 weeks of…

Unemployment Insurance Improvement Act would require states provide minimum 26 weeks of…

This post was originally published on this siteUnemployment Insurance Improvement Act would require states provide minimum 26 weeks of unemployment benefits, which nine states don’t Rep. Don Beyer (D-VA8) Sen. Ron Wyden (D-OR) Which should last longer: unemployment benefits or Ariana Grande’s and Pete Davidson’s five-month engagement? Context When a person loses their...

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Tight Labor Market Keeping Jobless Claims in Check

Tight Labor Market Keeping Jobless Claims in Check

This post was originally published on this siteEconomists estimate unemployment applications fell to near a pandemic low.

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