Tag: jobless benefits

Some good news on the jobs front: New applications for U.S. jobless benefits plunged to the lowest level in 14 weeks, a possible sign that the massive wave of layoffs has peaked. Still, the number of unemployed Americans getting benefits climbed to a new record. The Labor Department reported Thursday that the number newly laid […]

A sad sign of the times: Electronic unemployment filing systems have crashed in at least three states in recent days amid an unprecedented crush of thousands of newly jobless Americans seeking benefits, and other states were adjusting their systems to avoid being next. About 4.5 million Americans are collecting jobless benefits, a 26-year high, so […]