Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.If extra federal unemployment insurance is cut to $200 per week, consumer spending will slump 28%, according to a study releasedConsumer spending would drop 12% if the extra unemployment benefit is slashed to $400 per week, the study found.
If extra federal unemployment insurance is cut to $200 per week, it will reduce the wage replacement rate by 44% and lead to a 28% drop in consumer spending,Even a cut to $400 in extra weekly unemployment insurance would lower the wage replacement rate by 29%, and lead to a 12% fall in consumer spending, the study found.
The study comes amid a debate on the future of the extra federal unemployment insurance benefit. In March, the CARES Act established an additional $600 per week to unemployed Americans, But at the end of July, the benefit expired without a plan in place for what aid is coming next to the roughly 30 million Americans who are still unemployed. When it expired, the average weekly UI benefit fell to about $257 from $812, suggesting a 68% decline in the wage replacement rate, the study found.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Inside Equifax's cloud migration and digital transformation strategy - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Business Insider's best investing stories of the week ended August 11 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Trump's unemployment boost could be only $300 in some states - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Good for them; now give us essential workers hazard pay please. We’ve been working double duty non stop since March.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
CTV spending sees strong growth amid broader revenue decline - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
How US banks will adapt tech spend to rising digital users - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »