-
Fake unemployment sites are trying to scam users out of their personal information
There has been an uptick in fraudulent third-party websites and scams surrounding unemployment benefits, according to Massachusetts officials. The Massachusetts Attorney General’s Office and the Executive Office of Labor and Workforce Development are warning people who are looking for information on unemployment benefits or trying to access their online accounts to be careful. According to the AG’s office, claimants...
-
China reports second-quarter GDP miss, another record high in youth unemployment
Analysts expect a faster pace than the first quarter, but it comes off a low base due to the lockdowns in Shanghai in April and May last year.
-
Mass. tax relief plans in limbo after state misused $2.5B in federal funds
Top lawmakers are scrambling to figure out how much money, if any, the state might be on the hook for after auditors learned that the Baker administration erroneously spent $2.5 billion in federal funds on jobless benefits that should have been covered by state money during the COVID-19 pandemic. It’s too early to speculate whether the misuse of the $2.5…
-
Unemployment Fell to 3.5% Under Biden. For How Much Longer?
President Joe Biden keeps seeing good economic news and bad public approval ratings.
-
Out of Prison for Sex Trafficking, RI Man Started COVID Unemployment Scam
A man under federal supervision after being imprisoned for sex trafficking participated in a COVID unemployment scheme across the country, federal prosecutors in Rhode Island said Wednesday. Mackenzy Scott, a 26-year-old from Providence, pleaded guilty in federal court Wednesday to charges of wire fraud, conspiracy to commit wire fraud, stealing government money and identity theft, according to the U.S....
-
Unemployment Rate Falls to 3.5% in September, Payrolls Rise by 263,000 as Job Market Stays Strong
Nonfarm payrolls in September increased 263,000 for the month, compared to the Dow Jones estimate of 275,000. The unemployment rate was 3.5%.
-
Fewer Americans Filed for Jobless Benefits Last Week
Slightly fewer Americans filed for unemployment benefits last week as the labor market continues to stand out as one of the strongest segments of the U.S. economy.
-
Federal Reserve Raises Interest Rate by 0.75% in Bid to Curb Inflation
The Federal Reserve announced Wednesday that they have raised the benchmark interest rate by 0.75% to curb high inflation.
-
US Employers Added a Solid 372,000 Jobs in June in Sign of Resilience
America’s employers shrugged off high inflation and weakening growth to add 372,000 jobs in June, a surprisingly strong gain that will likely spur the Federal Reserve to keep sharply raising interest rates to cool the economy and slow price increases
-
What's the Future of Hybrid Work in Massachusetts?
Experts say the pandemic has forever changed the workforce. Right now, employees have the edge in deciding how they work. In Massachusetts, the state’s unemployment rate is currently 3.9%. Companies are still dealing with the great resignation, and right now businesses and workers are trying to navigate a new office world. “I would definitely try to argue for more of…