Congress is moving toward a showdown over federal unemployment benefits, with millions of Americans in the balance. As part of the March $ 2.2 trillion coronavirus bill, Congress agreed to a $ 600 per week increase in unemployment benefits, but they will begin to expire in a matter of days. …
Read More »Australia needs a ‘comprehensive plan’ to create more jobs
Australia’s government must present a comprehensive plan for future job creation as the country addresses the economic consequences of the coronavirus pandemic, Shadow Treasurer Jim Chalmers said on Friday. The government has announced a fiscal stimulus worth A $ 289 billion ($ 206.54 billion) around, around 14.6% of Australia’s GDP …
Read More »Unemployment claims rise for the first time in months as coronavirus continues
The number of Americans applying for unemployment aid is increasing, marking the first increase in months as coronavirus it extends throughout the nation. About 1.4 million Americans applied for unemployment benefits in the week ending July 18, adjusting for seasonal variations, the Labor Department said Thursday. It is an increase …
Read More »The Republican Party’s coronavirus plan will include a $ 1,200 stimulus test for some people
An upcoming Republican Senate coronavirus proposal will reflect a March stimulus bill that included a one-time $ 1,200 stimulus check for some Americans, according to a senior negotiator. treasury secretary Steven MnuchinSteven Terner Mnuchin Republicans will begin unveiling the coronavirus package Thursday. The Republican Party may face tax reduction options …
Read More »Weekly claims for unemployment in the US Add 1,416 million, compared to 1.3 million expected
The number of Americans applying for unemployment benefits increased more than expected last week, as the coronavirus pandemic continues to affect the US economy. The Labor Department said Thursday that initial jobless claims increased by 1.416 million for the week ending July 18. Economists surveyed by Dow Jones expected initial …
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