from the conservative-leaning American Action Forum indicated that a $400 boost would lead to 53% of workers earning incomes from the government that exceed those at their previous jobs. That figure would drop to 36% if the federal government sought to enact an extra $200 per week.
The coronavirus pandemic is still raging in the US, and states like California, Texas, and Florida are in the throes of a surge in cases. Around 30,000 new cases were recorded on Monday,, and leaders of those three states suggested they may institute new lockdowns. The economic environment remains very uncertain as a result. The US has regained around 7.3 million jobs since the outbreak of the pandemic, roughly a third of the amount shed since March.And many economists say there won't be enough jobs for the unemployed in the short-term.Something is loading.
'But Republicans are fiercely opposed to extending the benefit. They say it disincentivizes people from returning to work, as it allows a significant share of workers to earn more from the government instead.' For many, returning to work is simply not an option.
Thank god!
sounds like extended vacation.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »