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 Democrats from New York urged JPMorgan Chase in a letter to refund overdraft fees collected during the COVID-19 pandemic.
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.
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.
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.
"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.
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.
The number of Americans claiming unemployment benefits fell for the sixth straight week as the U.S. economy reopens rapidly from pandemic woes.
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.
So far, over 2 million people have signed an online Change.org petition calling for recurring $2,000 per month payments.
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.
Unemployment benefit applications in the U.S. have dropped to 385,000, down 20,000 from the week before.
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.
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.
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.
Scottsdale Fashion Center held a job fair on May 22, as Federal unemployment benefits are being rolled back.
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.
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.
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.
“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.