Unemployment

‘Historic Levels of Fraud’: U.S. Government Admits Scam Artists Stole $45.6 Billion in Pandemic Unemployment Benefits, Feds Say Dead People Exploited

A federal watchdog estimates that fraudsters stole $45.6 billion in unemployment benefits during the COVID-19 pandemic.

The Economic Facts Demand a Democratic Midterm Defeat

The November midterm elections fast approach. Democrats are touting their massive stimulus, the mendaciously named Inflation Reduction Act, and the constitutionally illegal student loan...

Report Finds Over $1 Billion in COVID Relief Given to Foreigners

The money might have gone to an international criminal organization.

Stubbornly High Rents, Food Prices Boost U.S. Inflation in August

U.S. consumer prices unexpectedly rose in August and underlying inflation accelerated amid rising costs for rents and healthcare, giving the Federal Reserve ammunition to deliver a third 75 basis points interest rate hike next Wednesday.

The Federal Reserve Wants You Fired

The Federal Reserve was no doubt troubled by July’s decline in the US unemployment rate to 4.5 percent and increase in job openings to 11.2 million.

Biden’s Labor Chief Promotes Worker Replacement, Says Immigrants Are ‘Only Way’ to Fill Jobs

The Democrat party’s pick for Secretary of Labor says CEOs are being victimized by a shortage of immigrant workers.

Unemployment Rate Edges Upward for the First Time in Months as More Americans Return to Work

The unemployment rate increased to 3.7% in August 2022 even as more Americans returned to work, according to a Friday release from the Bureau of Labor Statistics.

Job Openings Explode Higher, Raising Inflation Alarms

The U.S. economy had far more vacant jobs at the end of July than economists expected, indicating that the Federal Reserve’s interest rate increases have not yet cooled the labor market.

Secret Service Recaptures $2.3 Billion in Bogus Pandemic Benefits

The Secret Service said Friday it has helped recover and return to the government nearly $2.3 billion in bogus pandemic benefits, including a major new operation that netted nearly $300 million in fraudulent small business loans.

Shift in Hiring Patterns Points to Looming Recession for Biden Economy

Despite a July Commerce Department report showing a second consecutive quarter of negative GDP growth — the classic definition of a recession — Biden...

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