Explainer: No one really knows how many Americans need unemployment benefits

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

Another 1.9 million people filed for unemployment benefits for the first time last week, according to data released by the Labor Department on ...

REUTERS: Another 1.9 million people filed for unemployment benefits for the first time last week, according to data released by the Labor Department on Thursday, marking 11 straight weeks in which millions of Americans have filed claims for jobless benefits.

"The more time goes by, summing up initial claims gets a little dicey," said Heidi Shierholz, senior economist and director of policy for the Economic Policy Institute. Confusing things even further is the new Pandemic Unemployment Assistance program, which offers benefits to workers like ride-share drivers, who do not traditionally qualify for unemployment benefits.

There is typically a lag when states report figures on unemployment assistance programs launched during major disasters, said Michele Evermore, a policy analyst with the National Employment Law Project."I can see where that would be compounded by dealing with the unusual level of new claims," she said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US new weekly jobless claims drop below 2 millionThe number of Americans filing for unemployment benefits dropped below 2 million last week for the first time since mid-March, but remains ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US new weekly jobless claims drop below 2 millionWASHINGTON, DC: The number of Americans filing for unemployment benefits dropped below 2 million last week for the first time since mid-March, but ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

'We Need Help': Coronavirus Fuels Racism Against Black Americans in ChinaJeff Remmington, an American professional basketball player trying his hand in China, had already been through xenophobic hell: ostracized in Guangzhou, where he was once celebrated for his acrobatic dunks, denied service at a restaurant with his 4-year-old son because of his skin color, quarantined
Source: YahooSG - 🏆 3. / 71 Read more »

Singapore Airlines’ Expanded June-July Schedule: All You Need To KnowAlthough it’s way too early to tell if we’ve turned the corner on COVID-19, there are some encouraging signs starting to emerge from the aviation sector. Domestic travel has resumed in countries like New Zealand, South Korea and Vietnam. European countries are talking about reopening […]The post Singapore But stil nd to quarantine wen go n come back or not
Source: YahooSG - 🏆 3. / 71 Read more »

Ben Affleck and Girlfriend Ana de Armas Join California's Black Lives Matter ProtestsBen Affleck and Ana de Armas were photographed together protesting to save the First Baptist Church of Venice, a historically African American church, from demolition
Source: YahooSG - 🏆 3. / 71 Read more »

Turkish club Trabzonspor given one-year European ban over financesTurkish club Trabzonspor have been given a one-season ban from European football after falling foul of the break-even rule known as financial fair ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »