Tagged: unemployment

pandemic economy

Despite Third Quarter Gains, The Pandemic Economy Is Still Behind Schedule

The Commerce Department reported that the pandemic economy grew at an annualized pace of 33.1% in the third quarter. That headline figure overstates the actual growth rate, however, just as the official number for the April to June quarter showing an annualized contraction of 31.4% exaggerated the economy’s decline (Both figures describe...

Here Are The Facts On Unemployment Benefits

What Are They? Payments made by the government and other authorized bodies to unemployed people. The benefits themselves are very modest, averaging just $300 a week. However, only about 40% of the long term unemployed collect benefits.   How Long Do They Last? State unemployment benefits are 26 weeks. Extensions have passed Congress 11...