Month: March 2025
17 posts
What is the Labor Force Participation rate?
The Labor Force Participation Rate (LFPR) is the percentage of the population that are actively seeking or working. The Key…
What is disguised unemployment?
DEFINITION Disguised Unemployment is when workers are employed, but they are not working or their time is only partially…
Discover How ACH Payments Work
ACH payments are electronic funds transfers that use the Automated Clearing House Network (ACH). 1 The funds move from one…
How to Use a Bank wire
A wire transfer is a great way to send money quickly and safely. It is a fairly simple process,…
What is the FDIC?
Federal Deposit Insurance Corporation is an independent U.S. government agency that was created to protect the financial system…
What is the current US unemployment rate?
The unemployment rate in the United States, which is the percentage of people who want to work but…
What is Escheatment and Why?
DEFINITION Escheatment is when money in an account appears to be abandoned after a certain time period. The financial…