Report: Arizona on track for 11% jobs increase over 2 years

Arizona’s economy lost 155,000 jobs during the two years that ended in the second quarter of 2020, with nearly all of the job losses attributed to the COVID-19 pandemic.

US unemployment claims jump to 861,000 as layoffs stay high

The number of Americans applying for unemployment aid rose last week to 861,000, evidence that layoffs remain painfully high despite a steady drop in the number of confirmed COVID-19 cases.

Los Angeles drops in 'best cities' ranking due to high housing costs, low job growth

Based on high housing costs and a decline in job growth, California cities like Los Angeles, San Francisco and San Jose have proven less resilient during the pandemic, according to a ranking of economic vitality by the Santa Monica-based Milken Institute released Wednesday.

Arizona House committee passes unemployment bill, now it moves to the House for a vote

An Arizona House committee unanimously passed an unemployment bill Monday, Feb. 15 that would increase the weekly payout as well as encourage part-time work. It now goes to the entire House of Representatives for a vote.

Some Arizonans receiving incorrect tax forms due to unemployment fraud

Some Arizonans say they've received the wrong tax form because of unemployment fraud, while others say their forms are listing the wrong benefit amounts. FOX 10's Steve Nielsen reports.

Unemployment claims dip to 793,000; layoffs remain high

Fewer Americans sought unemployment benefits last week, lowering jobless claims to 793,000, evidence that job cuts remain high despite a substantial decline in new viral infections.

Federal funding to help rental assistance programs in Arizona and Phoenix

The Emergency Rental Assistance Program will be run by the Department of Economic Security and provide help in 12 of Arizona’s 15 counties.

Employers added 49K jobs last month as US unemployment fell to 6.3%

U.S employers added just 49,000 jobs in January, a sign that that the viral pandemic retains a tight grip on the economy nearly a year after it triggered a painful recession.

Jobless claims fall to 779,000; layoffs grind on

The number of Americans seeking unemployment benefits fell to 779,000 last week, a historically high total that shows that a sizable number of people are still losing jobs to the viral pandemic.

Trader Joe's adds $2 per hour in COVID-19 'hazard pay' for workers

Trader Joe's is raising its workers' pay by an additional $2 an hour during the coronavirus pandemic, as Los Angeles weighs an ordinance that would mandate an extra $5 an hour for many workers at large grocery stores and pharmacies.

Arizona lawmakers show bipartisan support for unemployment increase

Republican and Democrat lawmakers in Arizona are showing support for an unemployment bill that would raise weekly payments and allow for increased part-time work.

'I am optimistic now': Post-pandemic hiring could rebound quickly

A hopeful view is gaining steam that as vaccinations reach a critical mass, perhaps around midyear, and the government provides further stimulus, the economy and the job market will strengthen much faster than they did after previous recessions.

Arizonans learning of unemployment fraud in their names after receiving tax forms

Many Arizonans are learning for the first time they've had fraudulent unemployment accounts opened in their names as they've gotten tax forms saying they owe money.

Twin Peaks in Tempe looking to hire more than 100 people for new location

More than 100 positions are needing to be filled at Twin Peaks restaurant's newest location in Tempe. To apply, head over to the restaurant.

Forms from Arizona DES will reveal acts of identity theft to those who have been victimized

Unemployment is taxable income, and as a result, those who filed for unemployment will receive the appropriate tax forms. However, this also means some are about to find out that they have been victimized by identity theft.

US economy shrank 3.5% in last year after growing 4% last quarter

Stuck in the grip of a viral pandemic, the U.S. economy grew at a 4% annual rate in the final three months of 2020 and shrank last year by the largest amount in 74 years.

Unemployment claims drop; still at 847,000 as pandemic rages on

The number of Americans applying for unemployment benefits fell to a historically high 847,000 last week, a sign that layoffs remain high as the coronavirus pandemic continues to rage.