The Latest Breaking News from Unemployment

Serial liar George Santos accused of unemployment fraud while working a six-figure job

In an indictment on Wednesday, the U.S. Justice Department accused Santos of unemployment fraud.

Fortune · May 10, 2023

Did Treasurer Jim Chalmers keep his facts straight in this week's budget speech?

Treasurer Jim Chalmers used his budget speech this week to spruik the government's credentials and programs. But did he keep his facts straight?

ABC News · May 10, 2023

Here are the 13 counts New York Rep. George Santos faces

A 13-count federal indictment unsealed in New York accuses U.S. Rep. George Santos of embezzling money from his campaign, falsely receiving unemployment funds and lying to Congress about his finances

The Independent UK · May 10, 2023

Federal budget summary: JobSeeker and welfare payments increased as living costs bite

A modest increase in unemployment benefits and cheaper healthcare are the centrepieces of a federal budget tasked with helping the nation's most vulnerable at a time when living costs are hurting households.

ABC News · May 9, 2023

U.S. weekly unemployment insurance claims rise to 242,000

New applications for U.S. unemployment insurance benefits rose 13,000 for the week ending April 29 to a seasonally adjusted 242,000. The previous week’s figure was revised down from 230,000 to 229,000. The four-week moving average as of April 29 rose to 239,250 from a revised 235,750 as of the week…

Ballotpedia · May 8, 2023

‘Youth declaration’ focuses on yearly filling of posts, unemployment dole

‘Youth declaration’ focuses on yearly filling of posts, unemployment dole

The Hindu · May 8, 2023

Jim Chalmers to announce first surplus in 15 years in 2023 federal budget

Albanese government’s first full-year budget benefits from higher commodity prices, low unemployment and wage growth

The Guardian - AU · May 8, 2023

‘They’re sacrificing us’: a California town feels ignored months after flood

The small, agricultural town of Planada was inundated amid a wave of intense storms this winter. Residents, many of whom are undocumented, say they have been neglected

The Guardian - US · May 8, 2023

Biden hopes strong job market means soft landing for economy

For President Joe Biden, the past few days have raised hopes that the U.S. economy can stick a soft landing—possibly avoiding a recession as the 2024 election nears

The Independent UK · May 6, 2023

Why Are Bear Market Odds on the Rise?

The S&P 500 (SPY) has been up, down and all around this past week thanks to the Fed statement followed by the Government Employment report on Friday. On some levels nothing has changed in the market outlook. However, looking further down the road some important things happened this week that…

StockNews.com · May 5, 2023