Latest Articles Tagged "unemployment"
The staggering loss likely came at the start of the COVID-19 pandemic, when unemployment claims soared 3,140%, according to state Comptroller Thomas DiNapoli.
The state’s Return and Earn program launched in September to incentivize workers collecting unemployment to rejoin the workforce, but bureaucratic delays are slowing the distribution of money.
With labor shortages continuing, employers aren’t so sure ending the federal government’s extended unemployment benefits this week will lead to a rush of job seekers.
"We will have more to say on this soon," a spokesperson for Hochul wrote in an email to WNYC/Gothamist. "No decision has been made at this time."
Come Labor Day, roughly 750,000 people in New York City will see unemployment benefits disappear entirely.
The state's Department of Labor said some recipients got duplicate payments in April and May 2020. Now, they may have to return the cash.
The nation’s total net job loss was 140,000 jobs -- all to women, a disproportionately high number of whom were women of color.
The $900 billion deal is expected to pass this week.
First-time unemployment claims spiked in New York and across the nation, signaling layoffs are still happening.