unemployment

House Speaker Nancy Pelosi has a meeting with Senate Minority Leader Chuck Schumer in the Speaker’s office on Saturday, joined by the negotiators for the Trump administration, White House chief of staff Mark Meadows and Treasury Secretary Steven Mnuchin. So far, reports indicate a bill passed by the Democrat-led house would extend the $600 federal…

President Trump and Democrats blamed each other for the lapse of $600-per-week federal unemployment benefits, risking further economic pain and a voter backlash for failing to act.Mark Meadows, the White House chief of staff, blamed Democrats on Friday for the expiration of the unemployment benefits, saying they rejected multiple proposals to temporarily extend them.Credit…Anna Moneymaker…

WASHINGTON — A crucial week on Capitol Hill that began with a rocky Republican rollout of a coronavirus relief package ended with a complete breakdown in negotiations, threatening to deepen the perils of an already embattled President Donald Trump.The Republican-led Senate adjourned Thursday for a long weekend with no action on COVID-19 relief, all but…

The Republican version of a new pandemic economic stimulus package should arrive next week, reports indicate, as Senate GOP leaders and the White House claim to have reached agreement on what they will propose on Monday. The $600 federal unemployment benefit ends tomorrow, leaving the millions of unemployed people relying on their state benefits, even…

The Republican coronavirus relief plan will extend enhanced unemployment insurance “based on approximately 70% wage replacement,” Treasury Secretary Steven Mnuchin said Thursday.  The Treasury secretary also said a payroll tax holiday, which President Donald Trump has repeatedly pushed for, “won’t be in the base bill.” The president appeared to concede defeat on the issue in a…

In less than a week, the extra $600 in federal weekly unemployment benefits Americans have been collecting during the recession will come to an end for about 25 million out-of-work adults — a plunge off an “income cliff” that could imperil their ability to pay rent and other bills.  Such a sharp drop in income…

(CNN)The end is near for the $600 federal lifeline for millions of unemployed Americans — even though the economy is still far from recovered from the coronavirus pandemic and new layoffs are being announced regularly. The coronavirus relief program technically doesn’t expire until July 31, but this coming week will be the last for which…

We Are Motley. A Message of Solidarity From The Motley Fool. The U.S. has been grappling with double-digit unemployment since April. Here’s why that may continue all the way into 2021. In April, the U.S. jobless rate hit 14.7% — the highest it’s been since the Great Depression. May’s numbers initially seemed more encouraging, dipping…

Unemployment-benefit fraud is soaring across the country as states scramble to process an influx of applications related to the coronavirus pandemic and the ensuing economic lockdown.States, which administer unemployment benefits, are overwhelmed by the flood of applications.A SECOND VIRUS STIMULUS CHECK MAY BE COMING. HERE’S HOW MUCH MONEY YOU COULD GETIn the three months since…

Treasury Secretary Steven Mnuchin speaks at a White House coronavirus press briefing in April. Alex Brandon/AP hide caption toggle caption Alex Brandon/AP Treasury Secretary Steven Mnuchin speaks at a White House coronavirus press briefing in April. Alex Brandon/AP The worst of the nation’s historic job losses are yet to come, according to Treasury Secretary Steven…


Current track

Title

Artist

Background
Do NOT follow this link or you will be banned from the site!