... [+]As Congressional lawmakers work to hammer out the next federal stimulus bill, a resurgence of coronavirus cases across the United States looks increasingly likely to derail a nascent economic rebound. “At this stage, you’re seeing all the wrong elements for recovery,” Gregory Daco, chief U.S. economist at Oxford Economics,. “A deteriorating health situation, a weakening labor market and a softening path for demand.
With millions of cash-strapped Americans awaiting aid, here are eight numbers that sum up the labor market right now. That’s how many people are currently receiving government unemployment benefits—about 20% of American workers. That’s the weekly federal unemployment supplement that will expire next week. Lawmakers in Washington still haven’t agreed on how to extend it, or whether to extend it at all.
theothersarahh These are absolutely unprecedented times. I hope all of us are staying as well as we can and as safe as we can.
theothersarahh Would have been worst if it was Demos in power
theothersarahh China did this . People should push back on everything Chinese , except the food
theothersarahh The pain is too painful to think about...
theothersarahh Doom and gloom? what would Malcolm say.
theothersarahh No handouts for the poor. If you’re educated and have a good work ethic, you can figure it out. Not parents with 5 kids with 5 dads/moms
theothersarahh we've got trillions for wall street but not for main street 🧐