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Silicon Valley Bank’s Acquisition Fallout: Rising Unemployment and Uncertain Future First Citizens BancShares Inc., the new Silicon Valley Bank (SVB) owner, has announced the layoff of approximately 500 former SVB employees, further exacerbating the...
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While still above pre-pandemic levels, new and continuing claims are on the downturn. At the peak of the COVID-19 pandemic last year, the combined number of previous and new claims for unemployment benefits numbered...
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The economy is slowly but surely stabilizing. After the mass closures and layoffs of the early days of the COVID-19 pandemic, the job market was in a unfavorable place for a long time. Initial...
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The unemployment website is experiencing issues with high-traffic rates The coronavirus pandemic is changing American history as we know it, breaking economic records by the day as more jurisdiction is enforcing people to...
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Unemployment rate breaks record Unemployment in the United States is at its lowest level since 1969. In August 2019, the U.S. added 136,000 non-farm payrolls. The unemployment rate stands at just 3.5%, a fifty-year...
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A Third Of Americans Think Another Recession Is on the Horizon The Great Recession of the late 2000s is more than a decade in the past, and the media is full of good news...