Stories tagged: "unemployment"


FILE - Speaker of the House Kevin McCarthy, R-Calif., speaks at the Capitol in Washington, Thursday, April 20, 2023. The Democratic president and Republican congressional leader have each tried to assure the public in recent weeks that they don't want the government of the world's largest economy to default. But President Joe Biden has resisted McCarthy's calls for negotiations, while McCarthy is pushing a plan that can't pass the Democratic-majority Senate. (AP Photo/J. Scott Applewhite, File)
What Happens if America Defaults on Its Debt?

If the country defaults on its debt, millions of people would lose their jobs, retirement accounts would be decimated, Social Security payments could be delayed, Medicare and Medicaid benefits could be affected, and military members could see paychecks delayed.

The economic recovery is not the same for all people. Racial gaps in the unemployment rate in NC persist, according to a new state analysis. (Shutterstock)
NC’s Economic Recovery From the Pandemic Isn’t Universal

A new analysis in North Carolina shows there's still a significant difference in the unemployment rate for Black and white North Carolinians.

unemployment fraud graphic
How Fraudsters Are Ripping Off Unemployed Americans — Even During a Pandemic

Amid the pandemic-driven economic recession, fraudsters continue to find ways to scam unemployed Americans out of their money.

Senate Majority Leader Mitch McConnell (R-KY) listens during a news conference following a weekly meeting with the Senate Republican caucus at the U.S. Capitol on December 8, 2020 in Washington, DC. (Photo by Sarah Silbiger-Pool/Getty Images)
A Timeline of Failure: How the GOP Has Continued to Hold Up Coronavirus Relief

It's been over 200 days since Democrats passed an extension of federal unemployment benefits and additional $1,200 stimulus checks.

WASHINGTON, DC - DECEMBER 03:  Rep. Tom Reed (R-NY) (at lectern) and Rep. Josh Gottheimer (D-NJ) (2nd R), co-chairs of the bipartisan Problem Solvers Caucus, hold a news conference with fellow members of Congress to highlight the need for bipartisan, bicameral COVID-19 relief legislation outside the U.S. Capitol on December 03, 2020 in Washington, DC. With the holiday season approaching and the legislative session coming to a close, federal government funding for critical coronavirus relief programs is set to expire as the U.S. faces daily records for infections, hospitalizations, and deaths. (Photo by Chip Somodevilla/Getty Images)
There Might Be a Stimulus Bill Before Year End

After months of no progress, congressional leaders say there is real hope for a deal that extends unemployment assistance and gets funding to state and local governments.

Image via Shutterstock
Americans Spent Less Money in August—a Worrying Sign for the Economy

Spending dropped after enhanced federal unemployment benefits expired, making it harder for people to pay for everyday items.

Sen. Thom Tillis, R-N.C., talks with Senate Judiciary Committee chairman Sen. Lindsey Graham, R-S.C., and Sen. Joshua Hawley, R-Mo., during a Senate Judiciary Committee oversight hearing on Capitol Hill in Washington, Wednesday, Aug. 5, 2020 (Erin Schaff/The New York Times via AP)
Trump or North Carolina? Critics Say Thom Tillis Can’t Please Both

With the number of uninsured and unemployed people surging in NC, Thom Tillis, a Trump ally, questioned about his priorities.