U.S. added 223,000 jobs in December, capping off strong 2022
Hiring was stronger than economists had forecast, while the unemployment rate fell to 3.5%.
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Hiring was stronger than economists had forecast, while the unemployment rate fell to 3.5%.
City officials say the rate fell to 6.4% in November, marking the first time it fell below 7% in 20-plus years.
The job market remains strong — a good sign for workers but a blow to the Fed's efforts to cool inflation.
Big changes are coming to the Michigan Unemployment Agency that should make it easier for people to file.
The job market remains surprisingly resilient despite the Federal Reserve's attempts to weaken it.
The city of Detroit is seeking partnerships with community organizations as they prepare to launch a new program to help those who have been long-term unemployed reenter the workforce.
The U.S. Chamber of Commerce wants the government to immediately stop paying an extra $300 in unemployment benefits.
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Michigan's acting unemployment director told lawmakers Wednesday her office is trying to balance between quickly paying benefits to jobless workers and preventing fraud, saying impostor claims are rampant in a backlog of 90,000-plus cases.
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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.
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.
Unemployed individuals who qualify for an additional $300 under Trump's Lost Wages Assistance program may receive up to six weeks worth of benefits.
President Trump's Lost Wages Assistance program is intended to increase weekly unemployment benefits, but implementation has been slow.
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.
With the first round of economic stimulus running out, millions of Americans are about to take a massive hit to their household budget.
"The labor market remains in a precarious place as COVID-19 cases surge in some parts of the country and fresh lockdown measures are adopted in response."
New unemployment claims last week were 78% below the peak during the COVID-19 pandemic.
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