The Federal Pandemic Unemployment Compensation benefit, created as part of the CARES Act as a supplement to state unemployment payments, expired on July 25. The scope of benefits going forward has been a sticking point during congressional negotiations. Democrats have argued weekly federal unemployment benefits should remain at $600, while Republicans have sought to cut the supplements to as little as $200 per week.
“What the president did is unconstitutional slop,” House Speaker Nancy Pelosi said on “Fox News Sunday.” The federal government paid the initial $600 weekly supplement with funds approved as part of the CARES Act. Under the new executive order, money for the unemployment wage supplement will be derived from multiple existing sources:
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Americans continue to seek jobless benefits as Congress wrangles and the economy sputters963,000 Americans filed unemployment claims last week, dropping below 1 million for the first time since economic shutdowns began 😬😒i never got paid TrumpsAmerica slowly burning to the ground.VoteBlueToEndThisNightmare BidenHarris2020ToSaveAmerica Is this how”unemployment numbers” R calculated? What about those self employed? Like farriers, or farmers, Independent truckers or contractors. Small store owners all these”businesses” R effected by the incomes of those that have”9-5” jobs. Selling water or lemonaide constitutes
Source: USATODAY - 🏆 100. / 63 Read more »
Economists call out Trump and Congress for stalled stimulus package as unemployment remains at historic levelsAlthough new weekly jobless claims have declined, millions of Americans continue to rely on unemployment benefits. Can't say it continues to drop. Have to sensationalize it. I way a report in SC about the 'spike' of 4 new cases. The democrats refuse to come to a compromise with the 'deplorables.' It would also help if we just opened up. All of the corona virus numbers are inflated and there are so many conflicting claims it's hard to know what to believe. The game the GOP senatemajldr & realDonaldTrump are playing with Americans. They are trying to be slick when we know who stalled the passage of the bill that was passed by the TheDemocrats over 2 months ago. They sabotaged the bill & trying to look innocent. GuiltyParty
Source: Newsweek - 🏆 468. / 52 Read more »
$400 unemployment start date might be much later than White House thinksExperts have already warned that millions of Americans could lose out on the new unemployment benefits. Blocking you. MIGHT. The ultimate word of non-commitment. No, its exactly what the White House thinks.
Source: Newsweek - 🏆 468. / 52 Read more »
It’s Official: Trump’s Promised $400 Weekly Unemployment Check Probably Only $300Trump promised $400 in unemployment benefits. The payout will likely only be $300. Probably? How about some facts here?! يَا أَيُّهَا الَّذِينَ آمَنُوا لَا تَتَّخِذُوا الْيَهُودَ وَالنَّصَارَىٰ أَوْلِيَاءَ ۘ بَعْضُهُمْ أَوْلِيَاءُ بَعْضٍ ۚ وَمَن يَتَوَلَّهُم مِّنكُمْ فَإِنَّهُ مِنْهُمْ ۗ إِنَّ اللَّهَ لَا يَهْدِي الْقَوْمَ الظَّالِمِينَ - 5:51 Bait & switch unemployment benefits. Stalled stimulus checks & negotiations thanks DictatorTrump
Source: Forbes - 🏆 394. / 53 Read more »
WSJ Survey: Benefits of Extra Unemployment Aid Outweigh Work DisincentiveWhile economists in the August survey see a bigger third-quarter rebound than they did a month earlier, they still expect the recovery to take a long time. Then the question are 1) what are the causes of Coronavirus 2) anyone/country wants to spread the Coronavirus in the world 3) chinese flights through hong kong transfer to other countries this Aug 15 All the countries should have alerted if the third wave of Coronavirus from Industrials are much stronger than expected. New unemployment number better than expected today. New home & resales UP UP. Suppliers need stock. Cars in short supply; auto dealers begging for used cars to sell.
Source: WSJ - 🏆 98. / 63 Read more »
A $400 unemployment extension is unlikely to arrive soon, if at all. What you need to knowPresident Trump's order for a $400 unemployment extension might end up being $300 -- if it arrives at all. Here's everything you need to know. Nothing realDonaldTrump promises will arrive soon, if at all. All of Trump’s other promises will have the same outcome. Just remember what he promised and didn’t fulfill.
Source: L.A. Times Health - 🏆 364. / 59 Read more »