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Unemployment rate creeps up to 4.1% as pandemic takes toll

Unemployment rate creeps up to 4.1% as pandemic takes toll

Business
Britain's unemployment rate rose to 4.1% in the three months to July as the total number of jobless rose by 62,000, the Office for National Statistics said.The jobless rate was the highest in nearly two years and up from 3.9% a month earlier - but is still yet to be fully illustrative of the economic crisis with the Treasury's soon-to-end furlough scheme helping keep the numbers down. Live coronavirus updates from UK and around the world Image: Sandwich chain Pret is among employers cutting jobs during the crisis Meanwhile, payroll data showed that 695,000 fewer people were employed in August compared to March when the UK lockdown started - though after revisions to earlier data that was a smaller number than before.Darren Morgan, dir...

Two kids, no support system and $167 in unemployment benefits: One single mom’s plight in the age of Covid-19

Finance
Jennifer Haynes, a self-employed chef and single mother living in Rancho Cucamonga, Calif., is struggling to make ends meet after unemployment benefits abruptly stopped in July without explanation. Meanwhile, the 42-year-old is the sole provider for twin boys, one of whom has special needs.Jennifer HaynesJennifer Haynes didn't just fall through cracks in the country's social safety net.In her case, it's been more like a chasm.Haynes, 42, a self-employed chef and single mother living in Rancho Cucamonga, California, had been getting $ 167 a week in unemployment benefits and an extra $ 600 a week from the federal government. The aid was enough to catch up on a few months of bills and feed her 11-year-old twin boys.But then the California unemployment office mysteriously stopped sending ben...

Will you get an extra $300 or $400 unemployment benefit? It depends on your state

Finance
States are beginning to mobilize to pay out additional benefits to unemployed workers.Some are paying more than others.President Trump signed an executive measure Aug. 8 that offers a $ 300 weekly supplement to unemployment benefits.More from Personal Finance:Don't count on that extra $ 300 in unemployment benefits soonEvictions expected to skyrocket as protections come to an endWhy there's still hope for second $ 1,200 stimulus checksThe aid is part of a "lost wages" grant program being overseen by the Federal Emergency Management Agency.But states can opt to kick in an extra $ 100 a week — for a grant total of $ 400 a week, in addition to current state benefits.Kentucky and MontanaIt appears just two states — Kentucky and Montana — are opting to pay $ 400 instead of

Waiting for that extra $300 weekly unemployment benefit? For thousands, it may never come

Finance
People wait for their numbers to be called at an unemployment event in Tulsa, Oklahoma, on July 15, 2020.Photo by Nick Oxford for The Washington Post via Getty ImagesSome workers got an extra $ 300 in unemployment benefits this week. That aid will start flowing to others in coming days. But thousands of out-of-work Americans won't ever see the assistance.Those left out are largely low-wage and part-time workers — the ones who most need the extra help, experts said. It also appears some self-employed, gig and other workers may not get the relief in some states like Alaska.President Trump recently created the "lost wages" grant program, which offers $ 300 a week in federal aid on top of current state unemployment benefits, through executive fiat.11 states approvedThe Federal Emergency

At least 1 million people may not get Trump’s $400 unemployment boost

Finance
President Donald Trump speaks at an Aug. 10 White House news conference.Alex Wong | Getty Images News | Getty ImagesAn extra $ 400Trump's executive order was one of four measures signed on Saturday to address jobless benefits, evictions, student loans and payroll taxes.Top Democratic lawmakers and White House officials have struggled to compromise on another round of broad coronavirus relief since negotiations began about two weeks ago.Unemployment aid was among the thorny issues holding up talks.A $ 600-a-week federal supplement to state unemployment benefits, offered by a prior round of relief, lapsed at the end of July, throwing jobless Americans' income off a cliff overnight.House Democrats passed a $ 3 trillion bill in May that would extend those $ 600 payments through early next ...