They also have some savings — a comfort when more than 40 percent of American households lack cash to cover an unexpected $400 expense. That cushion was crucial last week when the Gards’ air-conditioning system suddenly died. The repair gobbled up what would have been a few months’ worth of
In a recent survey, prominent economists across the ideological spectrum were nearly unanimous in saying a lack of jobs, not a lack of willingness to work, is holding back the economy right now. Not a single economist in the survey argued for cutting off extra benefits entirely right now.
The difficulties facing these workers have multiplied during the pandemic.
The current political fight over whether to extend a $600 weekly jobless benefit supplement — which expires at the end of this month — overlooks the total financial toll that the pandemic has taken on households, some economists contend.
The number of new state unemployment claims dipped last week, but job losses continue to batter the economy as rising coronavirus cases pushed some regions of the country to reverse course and reimpose shutdown orders on businesses.
More than 1.3 million workers, seasonally adjusted, filed new claims for regular unemployment
Here’s what you need to know:
Fresh government data on Thursday is expected to show that new unemployment claims
We’re here to help.
The pandemic has put millions of people out of work, forced painful sacrifices and put many in the position of needing help they never imagined would be necessary. We assembled this guide to connect you with information about government benefits, free services and financial strategies to