But not all unemployed are equal. The sudden mass joblessness and economic devastation from the pandemic has exposed the country’s deep-rooted class divide, and threatens to leave a whole class of lower-wage earners in longer-term financial distress than wealthier white-collar workers, according to several economists.
“The amount of wealth you hold serves as an insurance,” said Greg Leiserson, director of tax policy and chief economist at the Washington Center for Equitable Growth, a nonprofit research and grant-making group. “The consequences of this will be long lasting. The deeper the hole you dig now, the harder it is to dig out.
“People with advanced degrees see little effect on job prospects and find a way to keep jobs or are able to find a new one fairly quickly,” he said. “People with only a high school diploma go through long periods of joblessness, which has a scarring effect on their incomes and health and family situation, and even prospect for their kids.”
“My unemployment runs out at the end of September,” Cruff said. “I’m sitting here wondering, 'Am I going to get a job? What if I don’t get a job and my unemployment and extension runs out? What am I going to do?'”
It gets worse, way worse. Elect a clown, expect a circus! Bad clown!
realDonaldTrump You and your Labor Department are doing wonders for the American People and are Economy. VoteHimOut2020 to save our Country.
DUMP ALL CORRUPT REPUBLICONS FOREVER. RE-IMPEACH CORRUPT tRUMP AND CRONIES AND RESTORE DEMOCRACY AND RESPECT.
Tell the democrats that run states and cities to open. Bam. Problem solved.
If this continues all of American will look like Red States
Probably the same amount wearing new shoes from looting and rioting
But they haven't filed yet, folks. Because in essence, it's only speculations from the Fake News Mainstream Media.
And still no plans to help the economy from the administration. Just a tired political slogan.
It’s the liberal municipalities that have been slow walking the economic re-openings. If you lost your job or business due to covid blame TheDemocrats
Soon ALL of American will look like Red States✌️
world is shaking
Toby spread covid 19
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