jobless benefits

The U.S. labor market got another jolt of good news Thursday when the government reported new claims for jobless benefits dropped to almost the lowest they have been in four years.

If the latest GOP proposal for extending jobless benefits is enacted, many Americans will lose benefits much sooner than under the current plan.

As President Obama urges Congress to act on renewing an extension to unemployment benefits, some are arguing that it’s a hindrance to the economy and discourages workers.

In a reach across party lines, the Senate overwhelmingly passed sweeping legislation Wednesday to prevent a Jan. 1 income tax increase for millions and renew jobless benefits for the long-term unemployed.

Extended unemployment benefits for nearly 2 million Americans begin to run out Wednesday, cutting off a steady stream of income and guaranteeing a dismal holiday season for people already struggling with bills they cannot pay.

Claims for jobless benefits drop but remain low, suggesting little improvement in distressed labour market, writes Lucia Mutikani BAD STATE: News that the Federal Reserve has flagged high unemployment as an area of concern despite the fact that initial claims for state unemployment benefits fell 23000 to 452000 in the past week will no doubt have ...

More people applied for unemployment benefits last week, the first rise in three weeks and evidence that companies are reluctant to hire in a slow economy.

Struggling to control its budget, the government is making cuts to the world’s most generous benefits system.

The House on Thursday voted to extend unemployment payments to millions of people whose benefits have lapsed as the nation suffers through a wretched job market.

A bill to restore unemployment benefits to millions who have been out of work for more than six months has cleared a Senate hurdle.