Fewer People Filing For Unemployment

Fewer People Filing For Unemployment

The Labor Department provided a sign that the job market may be creeping out of its dreadful depths. For the fourth consecutive week, the rolling four-week average of people applying for unemployment benefits declined. The 403,000 applicants in the span ending last week were down from 409,250 in the frame ending the week before. [More]

Report: $37 Billion In Welfare Will Disappear By Year's End

Report: $37 Billion In Welfare Will Disappear By Year's End

Unless lawmakers somehow maintain the funding of welfare programs at current levels, the nation’s poor could suffer a devastating loss of income by the end of the year. According to an estimate by Moody’s Analytics, $37 billion in extended benefits are set to expire. [More]

Michigan Gives Itself Stingiest Jobless Benefits

Michigan Gives Itself Stingiest Jobless Benefits

Michigan’s governor signed a bill into law that will cut unemployment benefits by six weeks — bad news for would-be workers in a state that’s been marred in 10.4 percent unemployment. [More]