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Unemployment hits 37% in the Islands as disbursements roll out
Hawaii unemployment filings continue to creep upward as millions of dollars in unemployment insurance payments are being disbursed throughout the Islands. Earlier this week, the state Department of Labor and Industrial Relations reported that there have .....»»
Hawaii businesses caught between rising unemployment premiums, labor shortage
Opinion: Hawaii's unemployment rate is 9%. But business owners tell us they can't fill the jobs they have. Guess how that happened!.....»»
Hawaii awarded $1.2M to combat unemployment fraud, identity theft
The Hawaii Department of Labor and Industrial Relations was awarded more than $1.2 million in federal funds to fight against instances of fraud in the Pandemic Unemployment Assistance, or PUA, and Pandemic Emergency Unemployment Compensation, or PEUC, pro.....»»
Health screeners, personal shoppers top Payscale"s 2020 job growth list
Job gains in transportation and warehousing, healthcare and professional services have helped lower the U.S. unemployment rate to less than 7%, according to the U.S. Department of Labor — and new data from PayScale shows which jobs grew the fas.....»»
Hawaii applies for federal loan as unemployment fund projected to run out in June
Scott Murakami told Pacific Business News the new projection was included in the department’s application to the U.S. Department of Labor for the credit line, which is interest-free for the state through the end of the year......»»
"Like nothing that has ever been seen before": Here"s what 4 economists said about Friday"s April jobs report
Reuters Friday's April nonfarm payroll report from the Labor Department was dismal — the US economy lost a record 20.5 million jobs, and the unemployment rate surged to 14.7%. "The size of the devast.....»»
Hawaii pays out $140M in unemployment benefits in the last week alone
The Hawaii Department of Labor and Industrial Relations has disbursed more than $140 million in unemployment benefits in the past week alone, officials with the department announced Friday. Of that number, more than half of it — $83,776,600 —.....»»
SURVIVING LAYOFFS: What you need to know before, during, and after cutbacks at your company to find a new job quickly
REUTERS/Susana Vera The US is seeing record levels of job loss. In April alone, Americans lost 20.5 million jobs, pushing the unemployment rate to 14.7%, the highest since the Great Depression, according to Labor Department data. If you've been lai.....»»
Coronavirus update: U.S. economy sheds record-setting 20.5 million jobs and New York child dies of condition linked to virus
The U.S. Labor Department said the pandemic cost 20.5 million jobs in April, pushing the unemployment rate to a post–World War II high and deepening the economic crisis, while in New York, a child died of a rare condition linked to the virus......»»
Stock-index futures extend gains after data showing US lost 20.5 million jobs in April
U.S. stock-index futures added to earlier gains after the Labor Department issued a report showing that the U.S. economy lost 20.5 million jobs in April and the unemployment rate soared to 14.7%, though the data came in better than expe.....»»
DLIR makes headway on unemployment claims, predicts drop in filings
The Hawaii Department of Labor and Industrial Relations has begun making headway in processing and filing claims throughout the state, officials with the department told Pacific Business News on Monday. From the beginning of March through Sunday the.....»»
Six-week surge of New York jobless claims tops 1.6 million
The surge of unemployment insurance claims continued in New York last week — almost 219,000 people filed an initial claim in the state, the U.S. Department of Labor reported Thursday morning. That total is up about 6% from the previous week, an.....»»
Jobless claims total could reach 30 million as layoffs soar
Economists estimate the Labor Department will report that 3.5 million Americans filed initial applications for unemployment insurance last week.....»»
DLIR pays out more than 65,000 unemployment claims, backlogged by thousands more
Since March 1 there have been 221,731 unemployment claims filed in the state of Hawaii, a number that doesn't include more than 88,000 duplicates, according to the state Department of Labor and Industrial Relations. The DLIR office has undergone several.....»»
New York"s wave of unemployment claims during the pandemic rises to 1.4 million
The eruption of unemployment insurance claims continued in New York last week: Almost 205,000 people filed an initial claim in the state, the U.S. Department of Labor reported Thursday morning. That total — very high by typical standards — is down .....»»
Hawaii unemployment fund could run out in 3 weeks, state could seek federal loan
House Speaker Scott Saiki said if the projection is accurate, the Labor Department would look to apply for a zero-interest loan from the federal government......»»
State volunteers to process jobless claims at Hawaii Convention Center
Hawaii state officials are recruiting volunteers from three public labor unions, as well as staff and members of the Legislature, to staff 1,000 positions at a satellite unemployment insurance processing site at the Hawaii Convention Center being .....»»
Experts React To Weekly Jobs Number: "Unemployment Rate Will Break Through 20%"
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 0.3% on Thursday after the Labor Department reported weekly jobless claims of 5.245 million, bringing t read more.....»»
Hawaii unemployment claims hit 212K, shows signs of slowing
Hawaii's unemployment filings have hit historic highs in recent weeks, with almost 30% of Hawaii's workforce filing as a result of coronavirus related closures and layoffs. However, according to recent data from the state Department of Labor and In.....»»
Another huge wave of unemployment claims in New York state
More than 345,000 people filed an initial claim for unemployment insurance in New York state last week, the U.S. Department of Labor reported Thursday morning. That total is down about 6% from the previous week’s tally. But it’s the third str.....»»