Unemployment Insurance
Inflation Expected to Remain High Even as Economy Slows and Layoffs Rise
“The hunger of children is not a necessary cost to pay to bring down inflation,” Ms. Ananat, of Barnard, said. Republicans, meanwhile, have blamed the Biden administration — and in particular, the $1.9 trillion American Rescue Plan that Democrats passed early last year — for making inflation worse. Many economists, among them Democrats, agree that […]
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‘La French Tech’ Arrives Under Macron, but Proves No Panacea
PARIS — In full Steve Jobs mode, President Emmanuel Macron of France donned a black turtleneck in January and took to Twitter to celebrate the creation in France of 25 “unicorn” start-ups — companies with a market value of over 1 billion euros, or almost $1.1 billion. He declared that France’s start-up economy was “changing […]
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Initial unemployment claims last week fell to a half-century low.
Initial unemployment claims tumbled last week to their lowest point since 1969, the Labor Department reported Wednesday. New filings for state benefits totaled 199,000 on a seasonally adjusted basis, a decline of 71,000 from the previous week. The drop marks a milestone in the economy’s recovery from the pandemic. Weekly claims peaked at more than […]
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