Tag: unemployment
President Trump unexpectedly requested Congress to rewrite the massive coronavirus relief bill passed earlier this week to include direct payments of $2,000 to Americans – tripled from the original $600 payment. Highlights of the $900 bil
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Unemployment Falls to Lowest Levels Since March
The number of out-of-work Americans seeking unemployment benefits fell last week to 751,000 – the lowest since early Spring. That’s not to say the overall number isn’t still historically high due to the coronavirus but this is a clear
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Tick Tock! 48 Hour Deadline Given to Strike a Stimulus Deal
House Speaker Nancy Pelosi issued a 48-hour deadline to strike a deal on a COVID-19 relief package if federal aid is expected to reach Americans before Election Day.
Pelosi stated she and the White House are at an “impasse” over a bi
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How to Keep the Economic Recovery Effort Going
In what will be the last jobs report before the Nov. 3 election, we learned that the U.S. economy added 661,000 jobs in September. These numbers indicate the labor market's recovery from the coronavirus pandemic may be leveling off as
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Better Than Nothing: Scaled Back Stimulus Package Unveiled
Yesterday, Democrats unveiled a scaled-down $2.2 trillion coronavirus relief package. This seems to be a last attempt to get Republican negotiators back to the table to strike a deal before the election. This pared-down Heroes Act is $1.2 t
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