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Unemployment claims fall to 473,000 another pandemic low

Unemployment claims fall to 473,000, another pandemic low

Unemployment claims fall to 473,000, another pandemic low By Christopher Rugaber President Biden responds to disappointing April jobs report President Joe Biden delivers remarks after the Department of Labor issued disappointing numbers in the April jobs report. WASHINGTON (AP) - The number of Americans seeking unemployment benefits fell last week to 473,000, a new pandemic low and the latest evidence that fewer employers are cutting jobs as consumers ramp up spending and more businesses reopen. Thursday’s report from the Labor Department showed that applications declined 34,000 from a revised 507,000 a week earlier. The number of weekly jobless claims a rough measure of the pace of layoffs has fallen significantly from a peak of 900,000 in January. Instead of cutting jobs, many employers are struggling to attract enough applicants for open positions.

US companies that cheat workers out of pay unlikely to be fined or punished, Labor Department data found

US companies that cheat workers out of pay unlikely to be fined or punished, Labor Department data found By Alexia Fernandez Campbell and Joe Yerardi The Center for Public Integrity Published  Already battered by long shifts and high infection rates, essential workers struggling through the pandemic face another hazard of hard times: employers who steal their wages. When a recession hits, U.S. companies are more likely to stiff their lowest-wage workers. These businesses often pay less than the minimum wage, make employees work off the clock, or refuse to pay overtime rates. In the most egregious cases, bosses don’t pay their employees at all.

US companies that cheat workers out of pay unlikely to be fined or punished, Labor Department data found

US companies that cheat workers out of pay unlikely to be fined or punished, Labor Department data found
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