Menu

Trending Now :

The Nouveau Riche and the U.S. Tax Code: A Tale of Unequal Burdens 10 Ways to Retire Comfortably Even if You are Not a 401(k) Millionaire The Federal Reserve’s Rate Cut: What It Means for Your Finances and Why It’s Time to Act Now Dark Web Monitor Alert: Are You Safe from Identity Theft? Where to Find $20 Million Homes in the U.S.: The Ultimate Guide to Luxury Real Estate The COVID EIDL Loan Challenge: Small Businesses’ Struggles in a Post-Pandemic Economy Biggest Financial Crimes: Salomon Smith Barney Kamala Harris’s Ambitious Plan to Lower Housing Costs: A Comprehensive Look What Credit Card Users Should Know if the Fed Cuts Rates in September Taxing Unrealized Gains: A Political Pipe Dream with No Real Payoff Best Cars for Middle-Class Americans How to Finance an Engagement Ring The Risks and Rewards of Keeping a Mortgage After 65 Credit Score Breakdown: FICO and Vantage Scores In Search of the Next Asset Bubble Biggest Financial Crimes: Washington Mutual Financial Scandal Re-Drafting the 2023 IPO Class The Interest-Free Installments Economy FICO Scoring Models: Explained Fed Holds Off on Rate Hike Rise of the Global Middle Class: Opportunities and Challenges Protect Yourself from Financial Scams Money Motivators Mortgage Rate Buydown What Does the Hot Inflation Report Mean for the Housing Market How Do You Build Wealth: Invest in Yourself Times Up for Programmed Money Biggest Financial Crimes: Countrywide Quantitative Tightening, Inflation, & More The Stock Market Is On Sale Investors Need to Netflix and Chill Credit Card Fixed-Interest Loans: Explained Are You Money Smart? Build Your Credit for Free Filing Your Taxes in 2022 Credit Cards that Offer 2% Cashback on All Purchases Navient Ordered to Cancel Student Loans U.S. Mortgage Interest Rates Soaring Two Big Banks Cut Overdraft Fees 2022 IPO DRAFT CLASS: Ranking the Top 10 Prospects Re-Drafting the 2021 IPO Draft All You Need to Know about Buy Now Pay Later companies Credit Card Sign-Up Bonus or SUB The Best Credit Card for the Middle-Class Make An All-cash Offer with No Cash Capitalism Always Ignores Politics All You Need to Know about the Financial crisis of 2007-2008 American Families Face Serious Rent Burden Savings Is An Expense You Can’t Build Generational Wealth If You Are Broke IT’S OFFICIAL: Robinhood is a Meme Stock All You Need to Know About Biden Mortgage Modifications & Payment Reductions Apple Card 2nd Year Anniversary: Should You Get It Now Wells Fargo to Pull Customers Personal Lines of Credit The Rise of Individual Investors The US Housing Market Is Booming. Is a Crash Ahead? Financial Literacy: How to Be Smart with Your Money Non-Fungible Token (NFT):EXPLAINED SKYROCKETED CEO PAY & LONG LINES AT FOOD BANKS Amazon Workers Want to Unionize Another Major City Piloted Universal Basic Income The New Bubble: SPACs SUBMIT YOUR PPP ROUND 2 APPLICATION BEFORE MARCH 31ST Robinhood-GameStop Hearing & Payment for Order Flow Guess Who’s Coming to Main Street Democratic Senators Say No to $15 Minimum Wage BEZOS OUT! President Biden Most Impressive Act Went Unnoticed: CFPB Biden $1.9 Trillion Stimulus Package 2021 IPO DRAFT CLASS: Ranking the Top 10 Prospects $25 Billion Emergency Rental Assistance NO, TESLA IS NOT WORTH MORE THAN TOYOTA, VOLKSWAGEN, HYUNDAI, GM, AND FORD PUT TOGETHER AMAZON TO HAND OUT ITS WORKERS $300 HOLIDAY BONUS Where Does the American Middle-class stand on Student Debt Relief? Joe Biden’s Economic Plan Explained 4 TYPES OF BAD CREDIT REPORTS AND HOW TO FIX THEM What Is the Proper Approach to Not Buy Too Much House? FISCAL STIMULUS PLANS STILL IN ACTION How to Pick Investments for Your 401(k) 10 Simple Ways to Manage Your Money Better All You Need to Know about Reverse Mortgage All You Need to Know about Wholesale Real Estate Credit card Teaser Rates AVERAGE CREDIT CARD INTEREST RATE SURGES TO 20.5 Percent Trump Signs 4 Executive Orders for Coronavirus Economic Relief The Worst American Economy in History WHY CREDIT CARDS MINIMUM PAYMENTS ARE SO LOW? 10 BIGGEST COMPANIES IN AMERICA AND WHO OWNS THEM White House Wants to End the Extra $600-A-Week Unemployment  10 Countries That Penalize Savers FEWER CREDIT CARD BALANCE-TRANSFER OFFERS ARE IN YOUR MAILBOX Private Payrolls and the Unemployment Rate SHOULD YOU BUY INTO THE HOUSING MARKET RESILIENCY? WILL WE GET A SECOND STIMULUS CHECK The Child Tax Credit and Earned Income Tax Credit THE RETURN OF BUSINESS CYCLES Should You Request a Participant Loan or an Early 401(k) Withdrawal? Homebuyers Should Not Worry about Strict Mortgage Borrowing Standards The Potential Unintended Consequences of Mortgage Forbearance All Business Owners Need to Know about the Paycheck Protection Program 10 MILLION UNEMPLOYMENT CLAIMS IN TWO WEEKS HOW WILL THE GLOBAL MIDDLE-CLASS RECOVER FROM A SECOND ECONOMIC RECESSION IN A DECADE? WILL U.S. CONSUMERS CONTINUE TO SPEND? HOW’S YOUR 401(k) PRESIDENT TRUMP SIGNS $2.2 TRILLION CORONAVIRUS STIMULUS BILL MIDDLE-CLASS NIGHTMARE: MORE THAN 3.3 AMERICAN FILED FOR UNEMPLOYMENT CLAIMS IN THE US LAST WEEK. LAWMAKERS AGREED ON $2 TRILLION CORONAVIRUS STIMULUS DEAL CORONAVIRUS STIMULUS PACKAGE FAILED AGAIN IN THE SENATE APRIL 15 (TAX DAY) DELAYED DEMOCRATS AND REPUBLICANS DIFFER ON HOW $2 TRILLION OF YOUR TAX MONEY SHOULD BE SPENT YOU CAN DELAY MORTGAGE PAYMENTS UP TO 1 YEAR, BUT SHOULD YOU? 110 Million American Consumers Could See Their Credit Scores Change The Middle-Class Needs to Support Elizabeth Warren’s Bankruptcy Plan The SECURE Act & Stretch IRA: 5 Key Retirement Changes 5 Best Blue-chip Dividend Stocks for 2020 9 Common Bankruptcy Myths 401(K) BLUNDERS TO AVOID Government Policies Built and Destroyed America’s Middle-Class & JCPenney Elijah E. Cummings, Esteemed Democrat Who Led the Impeachment Inquiry into Trump, Dies at 68 12 Candidates One-stage: Who Championed Middle-Class Policies the Most WeWork: From Roadshow to Bankruptcy Stand with the United Auto Workers Formal impeachment Inquiry into President Donald Trump America Is Still a Middle-Class Country SAUDI OIL ATTACKS: All YOU NEED TO KNOW THE FEDERAL RESERVE ABOLISHED BUSINESS CYCLES AUTO WORKERS GO ON STRIKE Saudi Attacks Send Oil Prices Spiraling REMEMBERING 9/11 What to Expect from the 116th Congress after Their August Recess Should You Accept the Pain of Trump’s Trade War? 45th G7 Summit-President Macron Leads Summit No More Upper-Class Tax Cuts Mr. President! APPLE CARD IS HERE-SHOULD YOU APPLY? THE GIG ECONOMY CREATES A PERMANENT UNDERCLASS 5 REASONS IT’S SO HARD FOR LOW-INCOME INDIVIDUALS TO MOVE UP TO THE MIDDLE CLASS ARE YOU PART OF THE MIDDLE CLASS? USE THIS CALCULATOR TO FIND OUT? WELLS FARGO IS A DANGER TO THE MIDDLE CLASS The Financialization of Everything Is Killing the Middle Class
Jobless Claims
American Middle Class

Jobless Claims Fall Again

By Article Posted by Staff Contributor

0 Comments

The estimated reading time for this post is 29 seconds

Jobless claims continue to fall.  290,000 filed for unemployment insurance for the first time for the week ended October 16, less than 10,000 than economists forecasted.

Nearly 3.2 million Americans continue receiving unemployment benefits in all programs.

Extended Benefits were still available in Alaska, Connecticut, New Jersey, and New Mexico.  The unemployment rate fell by 0.4 percentage points to 4.8 last month.

The U.S. economy is wrestling with inflation, covid, and a brutal supply-chain crisis with no end in sight.  The pandemic effects on U.S. jobs is not yet apparent, but the economy seems to get closer to full employment.

BACK TO TOP ➜
Continue Reading
Click to comment

Leave Comment

Advertisement

Gig Economy

American Middle Class / Nov 15, 2024

Exploring the Financial Challenges of the Unbanked: Insights from the FDIC’s 2023 Survey

The estimated reading time for this post is 266 seconds Introduction In 2023, about 4.2% of U.S. households—equivalent to approximately 5.6 million families—remained unbanked. Despite years...

By FMC Editorial Team

American Middle Class / Nov 09, 2024

Should You Rent vs Buy a Home? How to Decide.

The estimated reading time for this post is 327 seconds The question of whether to rent or buy a home has been overanalyzed by just about...

By MacKenzy Pierre

American Middle Class / Nov 05, 2024

Creating an Emergency Fund: Why Everyone Needs One and How to Build It Quickly

The estimated reading time for this post is 331 seconds Introduction: The Safety Net You Can’t Afford to Ignore Life is full of unexpected events—whether it’s...

By Article Posted by Staff Contributor

American Middle Class / Nov 02, 2024

2025 401(k) limit: $23,500; IRA limit unchanged

The estimated reading time for this post is 191 seconds Maximize Your Retirement Savings in 2024: Key IRS Adjustments to Know Saving for retirement just got...

By Article Posted by Staff Contributor

American Middle Class / Oct 30, 2024

US Economy Update

The estimated reading time for this post is 139 seconds The Bureau of Economic Analysis (BEA) report indicates solid economic growth in the third quarter of...

By FMC Editorial Team

American Middle Class / Oct 29, 2024

Zero-Based Budgeting: A Guide on Tracking Every Dollar to Maximize Savings

The estimated reading time for this post is 324 seconds Introduction: Why Zero-Based Budgeting? Have you ever gotten to the end of the month and wondered...

By Article Posted by Staff Contributor

American Middle Class / Oct 26, 2024

10 Credit Cards with the Highest Annual Percentage Rates (APR) on Purchases and Cash Advances

The estimated reading time for this post is 362 seconds When you’re on the hunt for a credit card, there are many things to consider—the rewards...

By Article Posted by Staff Contributor

American Middle Class / Oct 18, 2024

The Hidden Costs of Financial Procrastination

The estimated reading time for this post is 354 seconds You might think delaying your financial decisions isn’t a big deal. But let me tell you,...

By Article Posted by Staff Contributor

American Middle Class / Oct 17, 2024

What to Do If You Are Underwater on Your Car Loan

The estimated reading time for this post is 386 seconds Being underwater on your car loan can feel like you’re sinking financially, but you’re not alone....

By MacKenzy Pierre

American Middle Class / Oct 16, 2024

Household Debt Is Rising: What This Means for You

The estimated reading time for this post is 255 seconds In the Federal Reserve Bank of New York’s second quarter of 2024, household debt in the...

By FMC Editorial Team

Latest Reviews

All Tags
American Middle Class / Nov 15, 2024

Exploring the Financial Challenges of the Unbanked: Insights from the FDIC’s 2023 Survey

The estimated reading time for this post is 266 seconds Introduction In 2023, about 4.2%...

American Middle Class / Nov 09, 2024

Should You Rent vs Buy a Home? How to Decide.

The estimated reading time for this post is 327 seconds The question of whether to...

American Middle Class / Nov 05, 2024

Creating an Emergency Fund: Why Everyone Needs One and How to Build It Quickly

The estimated reading time for this post is 331 seconds Introduction: The Safety Net You...

Get latest news delivered daily!