“The question we’re really debating is how much suffering we think American households need to go through during a recession,” says Kathryn Edwards, an associate economist at RAND Corporation, a nonprofit policy think tank.
Kunis, a manager at a corporate meeting and events company in Murrieta, California, was embarrassed to apply for jobless aid for the first time in his life after he was furloughed from his job in March, a business where he has worked nearly three decades. The logistics of having large groups of people gathering face-to-face in a health crisis has left him uncertain when he’ll return to work in that industry, if ever.
“We were incredulous when we found out Congress went on vacation while millions of people like my family were having to decide on whether to pay for food, rent, water or power bills,” Kunis says. “We shouldn’t have to beg for help like this, but we are at that point now.”Suzette Swaby, 48, was forced to tap into her 401 after waiting for her unemployment aid to trickle in this month.
That has helped retirement balances bounce back recently, but only half of America is feeling the recovery. Just 55% of Americans are invested in the stock market, directly or through mutual funds or 401 plans, according to Gallup, an analytics company. While the trend holds up across generations, women and minorities have been disproportionately hurt, the data shows. About 30% of women and nearly 40% of Black women reported a worsened financial situation.
Yeah Nancy Pelosi and dems are literaly the only ones closed demying work keeping them unemployment and won't even pass a bill for them. China flu is so 5 months ago we closed hypothetically 14 days. Why usa do you play this on your own ?
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Stop begging for handouts and beg to return to work.
this version of capitalism offers no safety net 👎
Thanks, China.
Welcome to my World Daily
And Democrats hold Americans hostage so they can give billions to their poorly managed Democrat states. Democrats are blackmailing the American taxpayer!
Feel free to blame SpeakerPelosi and SenSchumer
The problem is GOP doesn’t care about citizens.
Unemployment benefits continue, it was the enhancement that was discontinued.