US adds 4.8 million jobs as unemployment falls to 11.1%
While the jobless rate was down from 13.3% in May, it is still at a Depression-era level. And the data was gathered during the second week of June, just before a number of states began to reverse or suspend the reopenings of their economies to try to beat back the virus.
While the jobless rate was down from 13.3% in May, it is still at a Depression-era level. And the data was gathered during the second week of June, just before a number of states began to reverse or suspend the reopenings of their economies to try to beat back the virus.
Over $7.5 billion in unemployment benefits paid to Georgians during COVID-19 pandemic
In 15 weeks, time over 2.8 million regular initial unemployment claims have been processed.
In 15 weeks, time over 2.8 million regular initial unemployment claims have been processed.
Mandating coronavirus face masks would strengthen US economy, Goldman Sachs says
A national face mask mandate would slow the spread of COVID-19 and potentially prevent the reinstatement of lockdowns that would wreak havoc on the U.S. economy, according to Goldman Sachs.
A national face mask mandate would slow the spread of COVID-19 and potentially prevent the reinstatement of lockdowns that would wreak havoc on the U.S. economy, according to Goldman Sachs.
Working from home is costing Americans more than working from the office
As more companies signal working from home will become a permanent part of the new normal, experts believe it may force an adjustment for households that are left struggling to balance the monthly budget.
As more companies signal working from home will become a permanent part of the new normal, experts believe it may force an adjustment for households that are left struggling to balance the monthly budget.
US consumer spending up 8.2%, partly erasing record plunge
Friday’s Commerce Department report showed that Americans stepped up their spending in May despite a 4.2% decline in personal income, which had soared by 10.8% the previous month.
Friday’s Commerce Department report showed that Americans stepped up their spending in May despite a 4.2% decline in personal income, which had soared by 10.8% the previous month.
‘SK innovation’ plans $940 million expansion in Georgia
A battery company plans a $940 million expansion of a manufacturing plant in Georgia, Gov. Brian Kemp’s office said Thursday.
A battery company plans a $940 million expansion of a manufacturing plant in Georgia, Gov. Brian Kemp’s office said Thursday.
Georgia may limit film tax break as lawmakers eye new ones
Georgia lawmakers came closer Thursday to tighter oversight of tax breaks for television and film production, even as they proposed other new incentives for businesses.
Georgia lawmakers came closer Thursday to tighter oversight of tax breaks for television and film production, even as they proposed other new incentives for businesses.
Walmart pays another round of cash bonuses to US hourly employees working during pandemic
Full-time hourly associates were given a $300 bonus and part-time hourly and temporary associates received $150 on June 25.
Full-time hourly associates were given a $300 bonus and part-time hourly and temporary associates received $150 on June 25.
US sent $1.4 billion in coronavirus relief payments to dead people
While the IRS has asked survivors to return the money, it's not clear they have to.
While the IRS has asked survivors to return the money, it's not clear they have to.
Another 1.48 million laid-off workers seek US jobless aid
The number of laid-off workers who applied for unemployment benefits fell to 1.48 million last week, the 12th straight drop and a sign that layoffs are slowing but are still at a painfully high level.
The number of laid-off workers who applied for unemployment benefits fell to 1.48 million last week, the 12th straight drop and a sign that layoffs are slowing but are still at a painfully high level.
50 percent of current unemployment claims not done correctly
Unemployment figures are still rising in the state, but it’s expected to level off soon.
Unemployment figures are still rising in the state, but it’s expected to level off soon.
Georgia Department of Labor processes record number of unemployment claims
A record number of unemployment claims have been handled by the Georgia Department of Labor over the past three and a half months, labor department officials confirmed Thursday.
A record number of unemployment claims have been handled by the Georgia Department of Labor over the past three and a half months, labor department officials confirmed Thursday.
US GDP fell at 5.0% rate in Q1; worse is likely on the way
It was the sharpest quarterly decline since an 8.4% fall in 2008 during the depths of the financial crisis.
It was the sharpest quarterly decline since an 8.4% fall in 2008 during the depths of the financial crisis.
Report: State, local aid needed to avert 4 million layoffs
A report could help illustrate a bipartisan agreement in Congress on next month’s fifth, and possibly final, COVID-19 response bill.
A report could help illustrate a bipartisan agreement in Congress on next month’s fifth, and possibly final, COVID-19 response bill.
US inmates got coronavirus relief checks, and IRS wants them back
The legislation authorizing the payments during the pandemic doesn’t specifically exclude jail or prison inmates, and the IRS has refused to say exactly what legal authority it has to retrieve the money.
The legislation authorizing the payments during the pandemic doesn’t specifically exclude jail or prison inmates, and the IRS has refused to say exactly what legal authority it has to retrieve the money.
Only 47% of Americans are losing sleep over money despite pandemic: Study
For the 47 percent who are worried about money issues currently, 23 percent said their cause of stress revolved around everyday expenses, which Bankrate noted was down from the 32 percent who said the same last year.
For the 47 percent who are worried about money issues currently, 23 percent said their cause of stress revolved around everyday expenses, which Bankrate noted was down from the 32 percent who said the same last year.
IRS grants additional relief to retirement savers required to take plan distributions
Individuals can roll distributed funds back into a plan through August, according to IRS.
Individuals can roll distributed funds back into a plan through August, according to IRS.
How you can find out if you’re still owed money from the 2017 Equifax data breach
Millions of Americans’ financial information was compromised in an Equifax data breach in 2017.
Millions of Americans’ financial information was compromised in an Equifax data breach in 2017.
Small businesses could receive second PPP loan under new proposal
Bill introduction comes as Congress, White House grapple with a fourth coronavirus aid package to help US economy.
Bill introduction comes as Congress, White House grapple with a fourth coronavirus aid package to help US economy.
Existing home sale plunge 9.7% in 3rd straight monthly drop
The National Association of Realtors said Monday that the monthly decline pushed sales down to a seasonally adjusted annual rate of 3.91 million, the slowest pace since a home buyers tax credit expired in October 2010.
The National Association of Realtors said Monday that the monthly decline pushed sales down to a seasonally adjusted annual rate of 3.91 million, the slowest pace since a home buyers tax credit expired in October 2010.