Tag Archives: jobless

Stock futures were slightly higher Wednesday evening as market participants continued to digest the Federal Reserve’s latest monetary policy statement, which was largely viewed as dovish. Investors looked ahead to the first report on US second-quarter GDP Thursday morning, along with more data on weekly jobless claims and a slew of Big Tech earnings. Market participants are bracing for what is likely to be by far the worst quarterly GDP print on record, with second-quarter GDP expected to… Source link

Oregon introduced a new system Friday for processing jobless claims from self-employed workers, using technology developed by Google. The state says the new system will expedite the processing of jobless benefits for 100,000 people, more than 50,000 of whom are still waiting for their benefits. Like other states, Oregon has been inundated with jobless claims during the pandemic and, as elsewhere, the flood of applications has overwhelmed the state and severely delayed benefits payments. Hiring… Source link