#Congress close to deal on stimulus, business loans, unemployment

#Congress close to deal on stimulus, business loans, unemployment

“#Congress close to deal on stimulus, business loans, unemployment” After about eight months of gridlock, Democrats and Republicans in Congress are nearing a deal on more COVID-19 stimulus checks, small-business loans and unemployment insurance aid. The final details of the relief package are being haggled over ahead of a government funding deadline at midnight Friday,…

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#Feds to slap accuracy warning on US jobless claim reports

#Feds to slap accuracy warning on US jobless claim reports

“#Feds to slap accuracy warning on US jobless claim reports” The US Department of Labor will add an accuracy warning to its weekly unemployment reports after a federal watchdog found flaws in how the figures were reported. The agency’s closely watched reports have equated the number of weeks for which Americans claimed unemployment benefits with…

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#More than 500,000 NYC residents unemployed as pandemic lingers

#More than 500,000 NYC residents unemployed as pandemic lingers

“#More than 500,000 NYC residents unemployed as pandemic lingers” More than 500,000 New York City residents are still unemployed six months into the lingering coronavirus pandemic, a sobering new report released Tuesday revealed. The state Labor Department data showed that 14 percent of city residents — one in 7 — were unemployed in September. That’s…

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#898,000 filed last week amid COVID-19 crisis

#898,000 filed last week amid COVID-19 crisis

“#898,000 filed last week amid COVID-19 crisis” Some 898,000 Americans applied for unemployment benefits last week as the coronavirus pandemic kept the labor market in a chokehold, the feds said Thursday. The latest figure brought the seasonally adjusted number of initial jobless claims filed during the COVID-19 crisis to roughly 64.5 million — a total…

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#840,000 workers seek unemployment benefits

#840,000 workers seek unemployment benefits

“#840,000 workers seek unemployment benefits” Another 840,000 American workers applied for unemployment benefits last week as the coronavirus continued to threaten the US economy, the feds said Thursday. The US Department of Labor’s latest seasonally adjusted figures brought the number of initial jobless claims filed amid the COVID-19 crisis to about 63.6 million — the…

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