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“NY state must pull out all the stops to recover that epic $11B in illegal jobless payments” Once again, New Yorkers are getting fleeced, this time to the tune of a whopping $11 billion (yes, you read that right) — thanks to fraudulent jobless claims during the pandemic and the state’s pathetic failure to stop…
“Audit finds New York lost $11 billion in unemployment fraud in 2020” New York let fraudsters make off with at least $11 billion in taxpayer cash as jobless claims soared during the height of the COVID-19 pandemic — aided by loosened eligibility rules and an already crumbling state unemployment system, Comptroller Tom DiNapoli charged Tuesday….
Economy adds 261K jobs in October, unemployment ticks up The U.S. added 261,000 jobs in October and the unemployment rate rose slightly to 3.7 percent, according to data released Friday by the Labor Department. Economists expected the U.S. to add roughly 190,000 jobs last month and keep the unemployment rate steady at 3.5 percent, according…
“Fed’s Charles Evans says inflation fight top priority even if unemployment ‘goes up a lot’” Chicago Federal Reserve President Charles Evans reiterated Monday that the fight against inflation is the Fed’s most important mission — even if that effort causes a major rise in US unemployment. Evans argued that any uptick in unemployment would be…
“NYC actor won’t do casting calls until Big Apple crime decreases” This actor has stage fright — when it comes to the Big Apple. Jorge J. Prieto is “so afraid” of Gotham’s surging crime, he “won’t answer any casting calls until New York City is safe again,” he told the Post. The 61-year-old struggling thespian…
“Biden’s America — Democrats tout job stats as labor crisis looms” Despite President Biden’s rosy jobs announcement Friday, America is heading into an economic crisis. What’s to blame? The Democratic Party’s disrespect for work and the people willing to do it. Over the last two years, millions of Americans have quit working or even looking…
“Larry Summers says steep joblessness needed to beat inflation” Former Clinton Treasury Secretary Larry Summers is defending his comments from last month in which he claimed that millions of Americans may need to lose their jobs in order for inflation to come under control. Summers, who has emerged as a chief critic of the Biden…
“Amazon ‘could run out of people to hire in US by 2024’: report” Amazon is sounding the alarm over an internal memo which estimates that the retail giant could run out of people to hire and man their US-based warehouses within the next 18 months, according to a report. An internal research paper that was…
“Biden brags he cut the deficit — but US debt is actually rising” The president now brags that he cut the deficit! “We’re on track,” he says, to have “the biggest decline in a single year ever in American history.” It’s actually true. But utterly deceitful. President Joe Biden’s deficit will be down from last…
“High testosterone levels may help men land, retain jobs: study” For men, career performance may depend on more than their expertise in the field. Testosterone — the reproductive hormone found in greater concentrations among men — is a possible hidden factor in job retention and success among men, according to a new study published in…