WASHINGTON — The number of Americans applying for unemployment benefits rose again last week to 885,000, the highest weekly total since September, as a resurgence of coronavirus cases threatens the economy's recovery from its springtime collapse. The Labor Department said Thursday that the number of applications increased from 862,000 the previous...
California Jobless Claims Still a ‘Black Hole’, Fresno Lawmaker Charges
A beleaguered California agency's attempt to stem an unemployment benefits scam potentially exceeding $2 billion while reducing a frustrating backlog is failing, two state lawmakers from opposing political parties said Thursday, though others reported fewer problems. Democratic Assemblywoman Cottie Petrie-Norris, who heads the Assembly Accountability and Administrative Review Committee, said...
US Jobless Claims Jump to 853,000 Amid Resurgence of Virus
WASHINGTON — The number of people applying for unemployment aid jumped last week to 853,000, the most since September, evidence that companies are cutting more jobs as new virus cases spiral higher. The Labor Department said Thursday that the number of applications increased from 716,000 the previous week. Before the coronavirus paralyzed...
US Jobless Claims Remain High at 712,000 as Virus Escalates
WASHINGTON — The number of Americans applying for unemployment benefits fell as the nation celebrated Thanksgiving last week to a still-high 712,000, the latest sign that the U.S. economy and job market remain under stress from the intensified viral outbreak. Thursday's report from the Labor Department said that initial claims...
Fraudulent Inmate Unemployment Claims Now Almost Triple Initial Estimate
SACRAMENTO — California sent about $400 million in fraudulent unemployment benefit payments to state prisoners, a state official said Tuesday, nearly triple the amount disclosed last week and a number that could grow as a criminal investigation continues. Nine county district attorneys and a federal prosecutor are investigating unemployment fraud...
California Lawmakers Demand Unemployment Answers From Bank of America CEO
A bipartisan group of California lawmakers is asking Bank of America CEO Brian Moynihan for answers about unemployment payment problems that have upended the lives of thousands of jobless Californians who rely on the bank’s prepaid debit cards. The letter made public today comes days after CalMatters detailed how the state’s exclusive...
Jobless Claims Up for 2nd Straight Week as Virus Worsens
WASHINGTON — The number of Americans applying for unemployment benefits rose last week for a second straight week to 778,000, evidence that the U.S. economy and job market remain under strain as coronavirus cases surge and colder weather heighten the risks. The Labor Department's report Wednesday said that jobless claims...
New Virus Rules Threaten California’s October Job Gains
SACRAMENTO — California's beleaguered restaurant and hospitality industry rebounded in October, adding 66,000 jobs as the unemployment rate in the nation's most populous state dipped below 10% for the first time since the pandemic upended its economy in March. But the gains are likely to be short-lived as a surge...
How Bank of America Helped Fuel California’s Unemployment Meltdown
For a brief moment this summer, Stephanie Moore thought she might finally see a glimmer of hope at the end of the coronavirus recession. Unemployment benefits provided a lifeline for the 38-year-old Los Angeles housekeeper to leave a bad relationship and rent an Airbnb while she looked for a job....
California Agency Exposed 38M Social Security Numbers, Says Audit
California’s unemployment benefits agency has sent out at least 38 million pieces of mail containing Social Security numbers since the start of the coronavirus pandemic, putting residents at risk of identity theft, according to a state audit released Thursday. The Employment Development Department continued mailing forms without concealing sensitive information...