HAMPTON ROADS, Va. – The latest figures from the Virginia Employment Commission (VEC) show that the unemployment rate fell to 8.4 percent in June, meaning that there are fewer people without jobs since the start of the pandemic. Still, there are many questions surrounding the system. After three months of …
Read More »Many people with hybrid incomes were left out of the aid program.
As we have not yet managed to control our unemployment figures while we wait for the country to reopen, Congress is debating another stimulus package. Unlike the first massive round of stimulus spending, there is a chance that our friends in the swamp would actually fix a problem that was …
Read More »Yellen and Bernanke urge Congress to extend rising unemployment benefits
Former heads of the Federal Reserve Janet YellenJanet Louise YellenIn The Money: Liquidity Issues Hit by COVID-19 Call for Federal Aid | Trump signs bill imposing sanctions on China for Hong Kong | The White House campaign advocates for new ‘pathways’ to jobs amid the Bernanke, Yellen pandemic to testify …
Read More »Enhanced unemployment insurance likely to expire during COVID-19 aid talks
The weekly $ 600 increase in unemployment insurance payments is likely to expire before lawmakers reach an agreement on the next coronavirus relief package, raising the stakes for the negotiations and creating more uncertainty for people. who depend on government help. Because most states process payments on a weekly cycle …
Read More »New stimulus package may be unveiled next week
Getty Getty The new stimulus package could be unveiled next week and could look like this. This is what you need to know. New stimulus Senate Majority Leader Mitch McConnell (R-KY) is expected to present a stimulus bill next week when Congress returns from recess. Senate Republicans, with input from …
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