Economics, Unemployment benefits, United States, Inflation, Economy, Unemployment

A new Republican bill would give people a $1,200 hiring bonus for going back to work after coronavirus lockdowns

On Jun 1, 2020
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A new Republican bill would give people a $1,200 hiring bonus for going back to work after coronavirus lockdowns https://t.co/VTn6esWWwc
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Republican Rep. Kevin Brady unveiled a bill that would offer a $1,200 cash bonus for Americans going back to work.

www.businessinsider.com
On Jun 1, 2020
@businessinsider shared
A new Republican bill would give people a $1,200 hiring bonus for going back to work after coronavirus lockdowns https://t.co/VTn6esWWwc
Open

A new Republican bill would give people a $1,200 hiring bonus for going back to work after coronavirus lockdowns

A new Republican bill would give people a $1,200 hiring bonus for going back to work after coronavirus lockdowns

Republican Rep. Kevin Brady unveiled a bill that would offer a $1,200 cash bonus for Americans going back to work.

Economists expect another 2.1 million Americans filed for unemployment insurance last week

Economists expect another 2.1 million Americans filed for unemployment insurance last week

The falling rate of weekly claims suggest the US is "well beyond the peak of inflows into unemployment," said Deutsche Bank economist Justin Weidner.

U.S. economy lost a total of 701,000 jobs in March

U.S. economy lost a total of 701,000 jobs in March

The unemployment data breaks a record streak of job creation that dates back to 2010.

3.3 million seek US jobless aid, nearly 5 times earlier high

3.3 million seek US jobless aid, nearly 5 times earlier high

WASHINGTON (AP) — Nearly 3.3 million Americans applied for unemployment benefits last week — almost five times the previous record set in 1982 — amid a widespread economic shutdown caused ...

This Is Not a Recession. It’s an Ice Age.

This Is Not a Recession. It’s an Ice Age.

No one alive has experienced an economic plunge this sudden.

'I don’t know how I’ll survive': the laid-off workers devastated by coronavirus cuts

'I don’t know how I’ll survive': the laid-off workers devastated by coronavirus cuts

More than 40m Americans have filed for unemployment in two months, and many are struggling to make ends meet

Op-Ed: George Soros explains how to keep the economy from tanking during the coronavirus pause

Op-Ed: George Soros explains how to keep the economy from tanking during the coronavirus pause

Americans required to "shelter in place" should also be entitled to "shelter in job."

US unemployment claims skyrocketed last week. There's more pain to come

US unemployment claims skyrocketed last week. There's more pain to come

A wave of layoffs has gripped the American economy in the past week as bars, restaurants and shops shut down across the country, part of unprecedented efforts to control the spread of the ...

Millions more Americans seek jobless benefits; productivity dives

Millions more Americans seek jobless benefits; productivity dives

Millions more Americans sought unemployment benefits last week, suggesting layoffs broadened from consumer-facing industries to other segments of the economy and could remain elevated even ...

How the coronavirus crisis will hit American workers, in one chart

How the coronavirus crisis will hit American workers, in one chart

The most vulnerable workers amid the coronavirus economic crisis are those who can’t afford it.

The week that was - May 8

The week that was - May 8

Another week - another round of big funding news. For starters, Vista Equity Partners just announced an investment of $1.

Millions of Workers Have Lost Their Jobs, and Some Are Never Coming Back. An Ambitious Approach Is Needed.

Millions of Workers Have Lost Their Jobs, and Some Are Never Coming Back. An Ambitious Approach Is Needed.

As policymakers respond to the COVID-19 crisis, they should develop an approach to specifically support those who permanently lose their jobs.

‘It’s a Wreck’: 3.3 Million File Unemployment Claims as Economy Comes Apart

‘It’s a Wreck’: 3.3 Million File Unemployment Claims as Economy Comes Apart

The weekly figure is among the first data on the economic toll of the vast disruption of normal life and commerce caused by the coronavirus pandemic.