The country has had almost 40 million unemployment applications for benefits in the last few months…
That is more than 10% of America….
The weekly numbers are down from the beginning of April as some people go back to work, but the overall numbers are record breaking….Some people have NOT gone back to work and may NOT have jobs anymore….Trump IS trying to force the country back to work at a speed most Governors , health experts, and a lot people seem uncomfortable with…..
From US Senate Leader Mitch McConnell and Trump?
No more federal money from Congress….
The extra jobless money runs out in July….
The Fed Chairman wants the government to keep pumping money out…
More than 38.6 million Americans have sought unemployment benefits over nine weeks, the Labor Department reported in its most recent update, illustrating the rolling devastation wrought by the pandemic.
At issue is the enhanced unemployment aid Congress approved in late March, which includes an extra $600 in weekly payments to out-of-work Americans. On Tuesday, President Trump articulated his reluctance to extend those benefits during a closed-door lunch with Senate Republicans, many of whom share his concern that the expanded federal payments deter people from returning to work. The enhanced benefits expire in July.