James Carville was right in 1992, and he still is today: “It’s the economy, stupid.” After Democrats in the House passed the HEROES Act back in May, the “Grim Reaper” of the Senate legislative graveyard announced, “I don’t think we have yet felt the urgency of acting immediately. That time could develop, but I don’t think it … Read more
Last week, House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin agreed to pursue a “clean” continuing resolution (CR) for the federal budget to avoid a government shutdown at the end of the month. The length of the CR and other “tweaks to spending provisions and temporary extensions of expiring programs, which often ride on a … Read more
The coronavirus pandemic continues to take a toll on employment. The Washington Post reports today, Some 881,000 people claimed jobless benefits last week as labor market continues to reel from pandemic: More than 800,000 new claims for unemployment insurance were filed last week — a sign of the coronavirus pandemic’s continued pressure on the labor … Read more
Over one million unemployment claims were filed last week, according to data from the Department of Labor (DOL), rising to a seasonally adjusted 1.106 million for the week ended Aug. 15, from an upwardly revised 971,000 in the prior week. The national economy has regained only 9.3 million of the 22 million jobs lost between … Read more
To those blog trolls who took exception to my stating that you would never receive the $400 supplemental unemployment benefit President Trump promised you, repeat after me: “You were right, I was wrong.” Governor Doug Ducey announced Friday what you may actually get, eventually, if you’re lucky. Arizonans will get $300 a week unemployment supplement: … Read more