2020 Ends With Almost Ten Million Fewer Jobs Than Before The Recession

By Elise Gould, Economic Policy Institute. -

On January 8, the Bureau of Labor Statistics released the last jobs report of 2020, which is also the last jobs report we will receive while Trump is president—a presidency that has ushered in [...]

Harvard Workers Left Out In The Cold

By Michelle Chen, Dissent Magazine. -

Harvard University’s campus has been dormant since last spring, and as COVID-19 cases rise through the winter, it’s unclear when normal classes will resume. The administration recently announced [...]

FDR Knew Exactly How To Solve Today’s Unemployment Crisis

By Ellen Brown, ScheerPost.com. -

Millions of Americans have joined the ranks of the unemployed, and government relief checks and savings are running out; meanwhile, the country still needs trillions of dollars in infrastructure. [...]

Economic Consequences Of A Second Economic ‘Mitigation’ Bill

By Jack Rasmus, ZNet. -

As of mid-December 2020 the US economy has begun showing increasing signs of an exceptionally weak 4th quarter, October-December, growth. After having collapsed -10.5% in the March-June 2020 [...]

Unemployment Skyrocketing? An Evolved Society Would Celebrate

By Lee Camp, ScheerPost.com. -

Leaf blowers are everything wrong with capitalism. . . . I’ll explain that in a minute. We all know times are irredeemably grim, and they’re only getting worse. The unemployment level in [...]

Losing Jobless Benefits Is Not Only Stressful

By Avie Schneider, NPR. -

The coronavirus pandemic has thrown millions of Americans out of work — and over the past nine months, up to 20 million have filed for unemployment. Supplemental federal unemployment benefits of [...]

Five Key Takeaways From The November Jobs Report

By Paul Wiseman, AP News. -

Washington, DC - Evidence was abundant in the November jobs report that the U.S. economy’s tentative recovery is sputtering as coronavirus cases accelerate and federal aid runs out. Hiring [...]

The Actual Effects Of Enhanced Unemployment Benefits

By John Miller, Dollars and Sense. -

No matter how hard they search, unemployed workers can’t find jobs that don’t exist. The major cause of today’s high unemployment is the lack of jobs, not workers who have stopped searching for [...]

As Pandemic Aid Ends, Families Face Brutal New Year

By Nigel Duara, Cal Matters. -

California - In late 2017, a house fell on Jacques Gene. The construction foreman in Cool, east of Sacramento, was inside a half-finished home when the rolling trusses that make up the [...]

Large Numbers Of People Still Filing For Unemployment Each Week

By Jacob Crosse, WSWS. -

For the 34th straight week, over 700,000 people filed for unemployment in the US according to the Department of Labor’s latest report. The 709,000 state claims coupled with an additional 298,154 [...]

Unemployment Crisis Continues Unabated

By Patricia Gorky, Liberation News. -

More than 1 million people filed for unemployment assistance last week according to new figures released today. 709,000 workers requested filled out applications for traditional benefits, and [...]

More Than 14 Million May Have Lost Health Coverage

By Samantha Liss, Health Care Dive. -

In the latest analysis, researchers first tried to assess how many workers and dependents relied on job-based coverage as of March 2019. Then, using data from the Labor Department, they estimated [...]

Calls For Universal Basic Income Increase As Government Support Fails

By Jasmine Norden, The Canary. -

On 30 October, 520 MPs, councillors, peers, mayors and members of devolved assemblies, wrote to chancellor Rishi Sunak. They emphasised how current government support is leaving many families in [...]

Hundreds Of Thousands Of Jobless People Are Being Asked To Repay Benefits

By Ava Kofman, Pro Publica. -

Ahmad Ghabboun broke into a sweat. It was a late night in August and he had just discovered an unexpected $14,990 debt posted to the online portal he uses to access his account with Washington [...]

A Debt Reckoning Is Unavoidable

By Aaron Karp, Waging Nonviolence. -

The late anthropologist David Graeber, who wrote about the 5,000-year history of debt, spoke about a strange paradox of being indebted. “The first effect of debt is to create isolation, shame, [...]

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