The early months of the coronavirus pandemic saw the U.S. economy plunge at its fastest rate in history. Over a two-month period, the jobless rate shot up from 3.5% in February 2020 to 14.7% in April—its highest level since 1940—while second quarter GDP declined 32.9% on an annualized basis. During this period the Congressional Budget […]
Tag: Unemployed
Everything jobless Americans need to know about the $300 unemployment benefit
President Donald Trump on Sunday backed off his veto threat and signed the $900 billion stimulus bill—a move that should immediately benefit millions of unemployed Americans, even if its $600 checks have been roundly criticized as insufficient relief for the economic damage wrought by the coronavirus pandemic. For starters, the package will bring back weekly […]
What to know about the Stimulation deal–for Example 600 checks and $300 unemployment Gains
Our assignment to generate business better would be fueled by viewers just like you. We have a offer. On a Sunday, Senate majority leader Mitch McConnell declared that Democrats and Democrats attained a bargain to get a $900 billion stimulus package. The aid package will deliver many Americans a 600 stimulation test. And the bill […]
Exactly why the unemployment Program is broken and the Way Biden Intends to Mend it
The following month President-elect Joe Biden is going to soon be sworn in to lead a country amid an unemployment disaster –and it may get worse before it gets worse. In most, over 19 million Americans are still getting unemployment benefits, for example approximately 13 million insured by pandemic unemployment gains made by this CARES […]