Hiring ramps up as US adds 916K jobs in March
America’s employers unleashed a burst of hiring in March, adding 916,000 jobs in a sign that a sustained recovery from the pandemic recession is taking hold.
Unemployment claims climb to 719,000; COVID-19 pandemic still forces layoffs
The number of Americans applying for unemployment benefits rose by 61,000 last week to 719,000, signaling that many employers are still cutting jobs even as more businesses reopen, vaccines are increasingly administered and federal aid spreads through the economy.
Wealthy Americans shield 20% of their income from the IRS, new study suggests
The richest 1% of Americans dodge significantly more in income taxes than the IRS previously estimated, according to a new study released this week.
Unemployment claims fall to 684,000, fewest since start of pandemic
The number of people seeking unemployment benefits fell sharply last week to 684,000, the fewest since the pandemic erupted a year ago and a sign the economy is improving.
Wisconsin Republicans vote to control federal virus money
Gov. Evers has promised to veto the measure giving the Legislature power over how the federal money is spent.
Rich Americans shirk tax obligations as IRS collection efforts fall short, report finds
A group of wealthy taxpayers with an average AGI of more than $1.5 million owed more than $2.4 billion, a report showed.
Wisconsin unemployment rate drops below 4% in January
A year ago, just as coronavirus cases were starting to appear in Wisconsin, the state unemployment rate was 3.3%.
Layoffs ease as unemployment claims drop to 712,000
The number of Americans seeking unemployment benefits fell last week to 712,000, the lowest total since early November.
House passes $1.9 trillion COVID-19 relief bill, Biden expected to sign on Friday
The House passed the $1.9 trillion COVID-19 relief bill, which includes $1,400 stimulus checks for many Americans. The bill now goes to President Joe Biden’s desk to be signed into law in his first major legislative win.
Biden: Americans to begin receiving $1,400 stimulus checks this month
"When we took office 45 days ago, I promised the American people that help was on the way," Biden said. "Today, I can say we have taken one more giant step forward in delivering on that promise."
US debt on track to double by 2051, raising risk of financial crisis, CBO says
The nonpartisan Congressional Budget Office also projected that federal debt will be 102% of GDP by the end of this year.
Senate approves $1.9T COVID-19 relief bill after all-night session
Senators worked through the night on the $1.9 trillion COVID-19 aid bill and have approved the package with a 50-49 vote. The bill is on track to pass in the House next week.
COVID-19 relief bill: Democrats strike deal on jobless benefits after logjam
Senate leaders and moderate Democratic Sen. Joe Manchin have struck a deal over emergency jobless benefits, breaking a nine-hour logjam that had stalled the party’s showpiece $1.9 trillion COVID-19 relief bill.
In hopeful sign for economy, US adds 379,000 jobs in February
U.S. employers added a robust 379,000 jobs last month, the most since October and a sign that the economy is strengthening as confirmed viral cases drop, consumers spend more and states and cities ease business restrictions.
Unemployment claims climb to 745,000; layoffs still high
The number of Americans applying for unemployment benefits edged higher last week to 745,000, a sign that many employers continue to cut jobs despite a drop in confirmed viral infections and evidence that the overall economy is improving.
'Tax-time surprise': COVID-19 unemployment benefits lead to higher tax bill for unsuspecting filers
As tax season is in full swing, many Americans are being hit with another financial burden as the COVID-19 pandemic carries on - learning they owe taxes on unemployment benefits.
Blue-collar jobs booming amid COVID pandemic: Workforce analyst
Well-paying blue-collar jobs have been skyrocketing across the country with many open positions returning to levels not seen since the start of the coronavirus pandemic.
Here’s how filing your taxes early could cost you a $1,400 stimulus check
The House is expected to vote on the COVID-19 relief package this Friday.
House passes $1.9 trillion relief bill, Senate expected to vote next week
Democrats are ready to shove a $1.9 trillion COVID-19 relief package through the House on Friday.
Unemployment claims drop to 730,000; pandemic keeps layoffs high
The number of Americans seeking unemployment benefits fell sharply last week but remained high by historical standards.