US UNEMPLOYMENT CLAIMS GO UP TO 861,000

Highlights

• The Labor Department on Thursday said that applications from laid-off workers jumped 13,000 from the previous week, which was revised sharply higher 

• Before the first case of the virus was reported in the month of March last year in the United Sta...

MORE AMERICANS CONTINUE TO FILE NEW CLAIMS FOR UNEMPLOYMENT BENEFITS

Highlights –

• More Americans continue to file new claims for unemployment benefits.
• The U.S is struggling with a setback in the job market due to the pandemic.
• Claims for unemployment benefits have now risen to more than 1 million mark...

LESS THAN 1 MILLION JOBLESS CLAIMS IN THE US

Highlights:

• There were less than 1 million jobless claims in the US during past couple of weeks.
• The pre-pandemic data for weekly jobless claims was almost 700,000.
• The jobless claims suggestively dropped after fluctuating between 1.3 to 1....

US WORKERS WILL BE ELIGIBLE FOR $400/WEEK OF ADDITIONAL UNEMPLOYMENT BENEFITS

Highlights

• Trump’s move is part of several other measures directed to address the economic damage caused by the Covid-19
• It represents a midpoint between the two positions

In the US, a huge number of workers are displaced by th...

NEW CLAIMS FILED BY AMERICANS FOR UNEMPLOYMENT BENEFITS OBSERVE A RISE

Highlights

• Last week, initial weekly jobless claims came in at 1.434 million
• It was roughly in line with expectations

The Labor Department reported on Thursday that last week the number of Americans who filed new claims for unemploym...

MORE 1.3 MILLION U.S. CITIZENS APPLY FOR JOBLESS CLAIMS

Highlights:

• Past week had around 1.3 million citizens applying for unemployment benefits claims.
• Upgraded unemployment benefits set by Congress offers extra $600 per week.
• The rise in the number of COVID-19 cases forced authorities to pause...

US : EXTRA UNEMPLOYMENT BENEFIT IS MAKING IT DIFFICULT TO CALL BACK WORKFORCE

Highlights:

• The extra $600 plus other stimulus paycheck is earning people more than what they made while working

• Businesses are finding it difficult to call back people to work

In May 2020 there was a debate on whethe...

68% LAID OFF AMERICANS ARE MAKING MORE MONEY FROM BENEFITS THAN AT WORK

Highlights

• Republicans and some democrats deem the HEROES Act bill unnecessary
• Studies show that 68% of Americans are already making more from benefit money than what they made in their employment

House Democrats, including Speaker Nancy Pelosi, prop...

TEXAS: BAYLOR SCOTT AND WHITE HEALTH LAY OFF 1,200 EMPLOYEES

Highlights:

• Baylor Scott and White Health in Dallas is one of the largest non-profit systems in Texas
• With a fall in patients seeking care in the non-profit, it is not laying off 1,200 employees
• The employees shall be paid through till June 7 2020

GET READY FOR ANOTHER GREAT DEPRESSION AS U.S. JOBLESS RATE GOES UP TO 14.7%

Highlights

• Nearly 20.5 million people lost their jobs in the month of April

• Over 33 million Americans have filed for first-time unemployment benefits in last seven weeks

• The U.S. government has announced COVID-19 relief package worth $3.1 trillio...

GET READY FOR AMERICA’S BIGGEST RENT STRIKE IN DECADES

Highlights

• Around 30 million Americans have filed for unemployment benefits is last six weeks

• If the estimations prove accurate, it will be biggest rent strike since year 1930

The streets of America will see thousands of it’s residents taking part...