Massachusetts Seeing 'Tremendous Amount' Of Unemployment Fraud; 30,000 Potentially Fake Claims Filed Last Week
Massachusetts is seeing more fake unemployment claims.
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Massachusetts is seeing more fake unemployment claims.
Massachusetts' unemployment rate fell again in October, according to federal statistics.
It affects as many as 17,000 people who were previously ineligible for $300 in enhanced weekly federal benefits.
It's estimated that Massachusetts added 36,900 jobs last month.
In an economy beset by pandemic-induced hardship, why is Wall Street thriving while Main Street is struggling?
Spending from the first round of stimulus propped up the economy. But that money is gone, and a more stimulus is unlikely in the coming weeks.
More stimulus checks would help suffering Americans and prop up the sagging U.S. economy, but Democrats and Republicans haven't yet agreed on a deal.
The revised HEROES Act, passed by Democrats in the House, would still include stimulus payments and enhanced unemployment benefits.
Stimulus discussions are back on the table in Washington, but time is growing short to deliver a second round of stimulus payments before the election.
The number of people seeking unemployment aid nationwide rose slightly last week.
Time is running out on a stimulus package passing before the election, even as the need for another stimulus check and additional unemployment payments remains strong.
The Massachusetts unemployment rate dropped nearly 5 percentage points from July to August.
The recovery remains fragile, imperiled by continuing COVID-19 infections as schools begin to reopen, and the failure to deliver another economic rescue package in Washington.
Unemployed individuals who qualify for an additional $300 under Trump's Lost Wages Assistance program may receive up to six weeks worth of benefits.
Extra benefits have helped unemployed workers in Massachusetts, but tax expert Beth Logan says they come at a cost.
The viral pandemic keeps forcing many businesses to slash jobs
President Trump's Lost Wages Assistance program is intended to increase weekly unemployment benefits, but implementation has been slow.
The coronavirus outbreak continues to threaten jobs.
Massachusetts residents receiving unemployment might qualify for an extra $300 a week in benefits for three weeks.
Once again, Massachusetts has the highest unemployment rate in the country, according to the Bureau of Labor statistics released Friday morning.
Employers are still cutting large numbers of jobs as the coronavirus bedevils the U.S. economy.
States react to President Trump's executive order extending additional weekly unemployment insurance payments in the amount of $400.
Unemployment's sizable decline in July still reflects a slowing economic recovery in the face of the unchecked coronavirus pandemic.
Fewer people filed new claims for unemployment and Pandemic Unemployment Assistance in Massachusetts last week, according to the latest federal numbers.
With the first round of economic stimulus running out, millions of Americans are about to take a massive hit to their household budget.
