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Tag Archives: unemployment

IRS Sent Out 12 million refunds in 2020, Averaging Over $1200 per refund

The IRS announced that they recently finished correcting tax returns that were filed for 2020, which included overpayments for unemployment benefits that workers received that year. The agency said it issued around 12 million returns as a result.… Continue reading

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US Jobless Claims Held Near Historic Lows

Despite indications of economic slowdown, new applications for unemployment benefits remained near historic lows.  This is signaling how tight the U.S. labor market still is, even though many employers are still scrambling to hire, while others are reducing their workforce.… Continue reading

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