What unemployment benefits are in President Biden’s $1.9 trillion ‘American Rescue Plan’?

Even though Congress extended federal unemployment benefits through mid-March just a few weeks ago (with a “soft phaseout” through mid-April), President Biden’s proposed $1.9 trillion “American Rescue Plan” already calls for continuing and expanding those ....

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What unemployment benefits are in the bipartisan framework for coronavirus relief?

Earlier this month, a bipartisan group of senators and representatives released a broad $908 billion framework for extending coronavirus relief. That framework has become central to possible additional coronavirus relief legislation, which congressional leaders are discussing today ....

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Bipartisan coronavirus relief plan offers path to broader agreement

Yesterday, a bipartisan group of senators and representatives, including members of the House “Problem Solvers Caucus” led by Representatives Josh Gottheimer (D-NJ) and Tom Reed (R-NY), released a $908 billion framework for extending coronavirus relief. ....

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Government Accountability Office report highlights flaws in the counting of unemployment benefit claimants

The nonpartisan Government Accountability Office (GAO) yesterday released a report titled “COVID-19: Urgent Actions Needed to Better Ensure an Effective Federal Response.” The report includes numerous policy and administrative recommendations, including several specific to the ....

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Most recent state unemployment data show recovery continues to spread

In the past few days, the US Department of Labor (DOL) has released updated unemployment data showing the economic recovery continued to deepen and spread across the country in October. That data also suggests that ....

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US unemployment claims rose solely because claims in Louisiana quadrupled. What’s going on?

This morning’s headlines report that US initial unemployment benefit claims rose last week, with some suggesting that reflects a slowing economy due to surging coronavirus cases. The headline of a Wall Street Journal article offers ....

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Economic headwinds and tailwinds for the potential Biden presidency

Presidents and what they do in office matter. But it sure helps to have an economic tailwind and not a headwind. Sometimes it’s better and more important to be lucky than good. And while Joe ....

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Congress still needs to respond further to the COVID recession

By Stan Veuger and Jeffrey Clemens Friday’s data on the October employment situation provides a sobering reminder of the ongoing need for sound economic policy in response to the COVID-19 pandemic. Labor market indicators remain ....

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