Social Security debit card introducedThe U.S. Treasury has announced that Social Security beneficiaries can now sign up to receive their benefits on a special debit card, rather than by check or direct deposit. While anyone receiving Social Security allocations can sign up for the card, it is being touted as a solution for the unbanked. According to the federal agency, nearly four million Social Security recipients do not have bank accounts, including approximately 600,000 in the Western states, placing them at greater risk of check delivery delays due to poor weather, national or local emergencies, and other check related problems such as lost or stolen checks.
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</div>U.S. unemployment jumps to 6.1 percentThe U.S. economy lost 84,000 jobs in August and the national unemployment rate went from 5.7 percent to 6.1 percent.
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