California: People must look for work to get jobless aid
Since the pandemic began, California — the nation’s most populous state with nearly 40 million people — has processed more than 20 million unemployment claims and paid out more than $128 billion in benefits.
House Dems call on JPMorgan Chase to refund pandemic-era overdraft fees
House Democrats from New York urged JPMorgan Chase in a letter to refund overdraft fees collected during the COVID-19 pandemic.
Federal Reserve expects to raise interest rates by late 2023
The Fed's policymakers forecast that they would raise their benchmark short-term rate, which influences many consumer and business loans, twice by late 2023.
Millions fear eviction as housing crisis worsens
More than 4 million people say they fear being evicted or foreclosed upon in the coming months just as two studies released Wednesday found that the nation's housing availability and affordability crisis is expected to worsen significantly following the pandemic.
Gov. Ducey visits Nogales for grand opening of cooler facility
Arizona Governor Doug Ducey is visiting Nogales on Wednesday for the grand opening of a 60,000 square foot cooler facility. Ducey said he wants to highlight the state's trade partnership with Mexico. He is also scheduled to participate in a roundtable discussion on the economy.
Shoppers say a trip to the grocery store these days can lead to serious sticker shock
"Even the vegetables. I'm paying, you know, $3 to buy a package of lettuce. It's kind of difficult," said Chris Rowlan of Pacheco.
New figures show drop in unemployment after DES requires proof of job search
DES officials say the new numbers are a sign that Arizonans are starting to go back to work, following the depths of the COVID-19 pandemic.
US weekly unemployment claims fall to 376,000, sixth straight drop
The number of Americans claiming unemployment benefits fell for the sixth straight week as the U.S. economy reopens rapidly from pandemic woes.
US economy shows growth despite lacking enough workers, supplies
Barely more than a year after the coronavirus caused the steepest economic fall and job losses on record, the speed of the rebound has been so unexpectedly swift that many companies can’t fill jobs or acquire enough supplies to meet a pent-up burst of customer demand.
Could we see a fourth stimulus check? Where payments stand
So far, over 2 million people have signed an online Change.org petition calling for recurring $2,000 per month payments.
May jobs report: US adds modest 559,000 jobs amid hiring struggles
U.S. employers in May added 559,000 jobs, which was better than April but still a sign that many companies are struggling to find enough workers.
US unemployment claims drop to 385,000, another pandemic low
Unemployment benefit applications in the U.S. have dropped to 385,000, down 20,000 from the week before.
Arizona restaurant owners feeling the pinch as meat prices increase
A meat shortage is causing a price hike across the country. FOX 10's Anita Roman has the details on what's causing increased costs and how long experts are saying it will last.
US unemployment claims fall to 406,000, a new pandemic low
The number of Americans filing for unemployment benefits dropped last week to 406,000, a new pandemic low and evidence that the job market is strengthening.
Mesa named a top 5 city for post-pandemic small business recovery in the U.S.
The list was compiled by QuickBooks, which lists a number of cities that have shown signs of strong recovery following the depths of the COVID-19 pandemic. Gilbert is also on the list.
Job fair held in Scottsdale as employers look to fill vacancies amid labor shortage
Scottsdale Fashion Center held a job fair on May 22, as Federal unemployment benefits are being rolled back.
Restaurants have had to shut down due to pandemic-related food shortages
In Phoenix, a restaurant that features chicken on a vast majority of its dishes had to close its doors recently, because they simply did not have enough chicken to serve guests. Experts say the pandemic is one of a number of factors behind the food supply shortage.
US achieves another pandemic low with 444,000 new unemployment claims
The number of Americans seeking unemployment aid fell last week to 444,000, a new pandemic low and a sign that the job market keeps strengthening as consumers spend freely again, viral infections drop and business restrictions ease.
COVID-19 prompts Arizona woman to change ditch the store and go straight to customer
Before the pandemic, Chandra Hammer had a store to sell medical apparel for medical professionals. The pandemic, however, changed all that, but Hammer made the best of it, and in the process, changed her business model.
US housing market booms as buyers enter bidding wars amid low supply
“The housing market is hot. Very hot,” National Association of Realtors Chief Economist Lawrence Yun told FOX Television Stations. But Yun predicts that things could soon cool down.