Tag: Unemployment
This is how fast Americans are spending their stimulus checks — and here’s a breakdown of what they’re buying
“Instead, it seems that individuals are catching up with rent and bill payments as well as engaging in spending on food, personal care, and nondurables.”
This is how fast Americans are spending their stimulus checks — and here’s a breakdown of what they’re buying
“Instead, it seems that individuals are catching up with rent and bill payments as well as engaging in spending on food, personal care, and nondurables.”
MAJOR: 27 Million MORE Americans Now Without Health Insurance Due to Lock-down Job loss
Dow jumps 300 points higher, shaking off report that shows the worst U.S. unemployment rate since the Great Depression
What’s driving the market?
The monthly report on the employment situation in the U.S. showed that 20.5 million jobs were eliminated last month, and the unemployment rate rocketed 14.7% from a 50-year low of only 3.5% two months ago and 4.4% last month. However, the headline number was less worse than some estimates for 22 million unemployed.
Meanwhile:
Read More »Unemployment claims from Asian Americans have spiked 6,900% in New York. Here’s why
Unemployment claims from Asian Americans have spiked 6,900% in New York. Here’s why :: WRAL.com
Business owners and workers told CNN Business that recently, racism and xenophobia against Chinese and Chinese-looking people have been a factor in driving business closures and unemployment claims.
In some of New York City’s predominantly Asian neighborhoods, business owners told CNN Business that foot traffic took a downturn months before lockdowns were in place. Not only that, but Asian employees and business owners told CNN Business they were also apprehensive about commuting to work, as people would give them strange looks and news about anti-Asian hate crimes were spreading across their social media networks.
Rubio claims employers are having trouble hiring because Americans would rather collect unemployment
Rubio claims employers are having trouble hiring because Americans would rather collect unemployment
Little Marco Rubio only cares about Israel!
Millions of US workers blocked from applying for jobless benefits
America’s Compassion for the Unemployed Won’t Last
The Second Phase of Unemployment Will Be Harsher
For American workers displaced by recession, widespread public sympathy soon gives way to moralizing anger.
— Read on www.theatlantic.com/ideas/archive/2020/04/americas-compassion-for-the-unemployed-wont-last/610243/
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