Tag Archives: Unemployment

Redfin economist: The Fed can change its mind

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While an abrupt shift in policy isn’t expected, Fed Chair Jerome Powell affirms that, “If things come in better than we expect, then we’re prepared to do less” tightening. Continue reading →

New jobless claims see unexpected rise, surpassing pre-COVID record

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Initial jobless claims for the week ending March 27 rose to 719,000, a number that surpassed the pre-coronavirus record, just one week after filings hit a pandemic low. Continue reading →

Reinventing Yourself After a Job Loss

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The devastating unemployment numbers due to the coronavirus pandemic may signify only the beginning of the pain for the newly jobless workers. If you’ve lost your job or will, how can you pick up the pieces? Based on my experience after my layoff in 20… Continue reading →

How to Get Health Insurance After a Job Loss

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The numbers of Americans filing for unemployment benefits is staggering. Sadly, these people have not only lost jobs and income, but also their health insurance. If you’re among them, or will be soon, I’d like to offer my sincere condolences and advice… Continue reading →

Why the COVID-19 crisis isn’t like 2008

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With climbing unemployment rates, this year’s crisis might feel like déjà vu. However, there are key differences between the coronavirus-induced recession and the Great Recession. Continue reading →

How the Coronavirus Punishes Many Older Workers

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The coronavirus pandemic unemployment numbers are numbing. In the three weeks ending April 4, the depressing tally is 16.8 million Americans have applied for unemployment benefits. The unemployment rate for workers age 55+ climbed from 2.6% to 3.3% in … Continue reading →