#Labor Department

POTUSCNET

8 states are ending unemployment benefits and $300 bonus this week. What to know

Louisiana is the latest to join the list of states planning to end the $300-a-week-benefit program -- it's also the first state with a Democratic governor to end the benefits. Alaska, Iowa, Mississippi and Missouri have already terminated the program, with eight more states ending their pandemic-related unemployment benefits on June 19. For people living in one of the 26 states ending participation before the Sept. 6 federal cutoff, the long-term unemployed and freelancers will lose their jobless aid completely.
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EconomyFOXBusiness

Extra unemployment benefits ending for 440,000 Americans this weekend

More than 400,000 out-of-work Americans are poised to lose their unemployment benefits this weekend as eight states prematurely drop out of a pandemic relief program that boosted jobless aid by $300 a week. Alabama, Idaho, Indiana, Nebraska, New Hampshire, North Dakota, West Virginia and Wyoming will terminate the extra unemployment...
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POTUSCNET

Which states are ending unemployment benefits and $300 bonus this week? We'll tell you

In less than a month, nearly 4 million Americans will lose the additional unemployment coverage they've been receiving. So far, Alaska, Iowa, Mississippi and Missouri ended the $300-a-week benefit program. This Saturday, June 19, more states are also ending their pandemic-related unemployment benefits. For people living in one of the 25 states ending participation before the Sept. 6 federal cutoff, the long-term unemployed and freelancers will lose their jobless aid completely.
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Grocery & SupermaketKTVZ

Grocery stores are excited to charge you higher prices

You might not be excited about paying higher prices for meat and vegetables, but your grocery store is thrilled. The rising prices for staples like milk and pork affect grocery stores too, as they have to pay more to their suppliers. But while they are raising prices under the guise of increasing supplier costs, they’re adding a little extra on top of that.
POTUSCNBC

States to end unemployment benefits for more than 400,000 people this weekend

Eight states — Alabama, Idaho, Indiana, Nebraska, New Hampshire, North Dakota, West Virginia and Wyoming — are opting out of federal unemployment benefit programs on Saturday. About 417,000 people will lose a $300 weekly supplement and other benefits, according to a CNBC analysis of Labor Department data. Residents of Indiana...
Businesstennesseestar.com

Jobless Claims Increase to 412,000, Above Economists’ Projections

The number of Americans filing new unemployment claims increased to 412,000 last week as the economy continues to recover from the coronavirus pandemic, according to the Department of Labor. The Bureau of Labor and Statistics figure released Thursday represented an increase in the number of new jobless claims compared to...
Businessinvesting.com

Bullard Says High Inflation May Call for Fed Liftoff Next Year

(Bloomberg) -- It may be appropriate for the Federal Reserve to begin raising interest rates next year given a forecast for inflation above the U.S. central bank’s 2% target, St. Louis Fed President James Bullard said. “I put us starting in late 2022,” Bullard said Friday during a TV interview...
Businessbondbuyer.com

Fed’s Bullard says high inflation may warrant liftoff in 2022

Inflation risks may warrant the Federal Reserve beginning raising interest rates next year, St. Louis Fed President James Bullard said, backing an even-earlier liftoff than penciled in by many of his colleagues. “I put us starting in late 2022,” Bullard said Friday during a TV interview on CNBC, referring to...
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