Over 40 million Americans are out of work due to the coronavirus pandemic, a record high.Ideas include extending ramped-up unemployment benefits and paying people to return to work.More than 40 million Americans filed for unemployment over the last three months. The unemployment rate as of April stands at nearly 15%.
The approaching end-date is setting the stage for a fierce debate among lawmakers over how to mitigate the economic fallout of the pandemic and preserve vanishing jobs. Democrats want to extend those ramped-up payments into next year.But Republicans argue the increased benefit disincentivizes work since it allows half of the labor force to collect more on unemployment than at their old jobs.Extending the $600 boost in weekly unemployment benefits through the end of January.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
DEMs must be pushed by voters for progressive policies same ol wont work basic jncome relocation benefits atudent debt forgiveness for under $50k earners
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Citi's Luigi Pigorini: Wealth taxes could fund coronavirus relief - 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. Living conditions of minorities and low income workers have deteriorated since trade deals briught in cheap goods outsourced jobs whole supply chains to commjnist regimes. INCOME main issue of 50 million Americans for which a basic income is needed and paid for stock mkt salestax I think it's a good idea Keep the money moving Pajak progresif itu baik, asal jgn diselewengkan
Source: BusinessInsider - 🏆 729. / 51 Read more »
U.S. Senate leader hopes for quick passage of House coronavirus small business billU.S. Senate Majority Leader Mitch McConnell said on Monday he hoped the Senate would soon pass legislation already passed by the Democratic-controlled House of Representatives easing terms of the coronavirus small-business loan program. Vote AmyMcGrathKY But couldn't give a damn about the hundreds of millions of Americans who could use another stimulus check, even though the house passed such a bill weeks ago. COVID19 StimulusCheck Aziz başgan ne oldu sana böyle
Source: Reuters - 🏆 2. / 97 Read more »
Black women are hurt more by coronavirus pandemic, survey shows - 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.
Source: BusinessInsider - 🏆 729. / 51 Read more »