The moderate Democrat said businesses that are reopening by summer will need their employees back at work.
Governor Gavin Newsom's "Golden State Stimulus" might not be enough for those whose jobs were destroyed by the pandemic's effect on tourism.
Michael Strain, director of economic policy studies at the American Enterprise Institute, also criticized increased unemployment benefits for "delaying" the recovery.
Although new weekly jobless claims have declined significantly since last spring, they still remain at historic levels.
"Any time the government is out spending money wildly," Florida Republican Representative Neal Dunn said, "they can actually debauch the currency itself."
On Tuesday the Bureau of Labor Statistics released its Job Openings and Labor Turnover Survey for December.
If you received unemployment benefits last year, here's what you need to know when you file your 2020 return.
A group of 10 Republicans want a bipartisan stimulus bill less than a third the size of what President Joe Biden has put forward.
A report from California State Auditor Elaine Howle said that the Employment Development Department did nothing to stop paying fake claims for months.
Around 900,000 workers filed for initial jobless claims last week, the U.S. Department of Labor said.
Trump has the worst jobs record of any president since Herbert Hoover in 1933.
Following a year of records the U.S. would rather forget, the stock market is about to set one that bodes well for the economic future—the best election-to inauguration day return for a first-term president since World War II.
The proposed coronavirus relief package includes around $1 trillion in direct relief to American families.
Initial jobless claims increased to 965,000 last week amid a sharp increase in the number of new COVID-19 cases and a record number of daily deaths. it won't be before 2023 that the 22 million jobs lost (in March and April 2020) are regained.
It took Congress less than a month to pass legislation giving a $700 billion bailout to bank executives during the financial crisis. Lawmakers have spent eight months mulling the far less expensive stimulus bill.
The Michigan governor said Tuesday the proposed funds would have been used as a "tax break" for big businesses.
Trump's delay in signing the bill means it will take a few days for government agencies and states to organize, shrinking the bonus unemployment benefit window from 11 weeks to 10, at a loss of $300 per job seeker.
Gig-workers, freelancers and as well as long-term unemployed to lose benefits as Trump refuses to sign $900 billion relief package.
The president-elect warned about the possibilities of unemployment benefits expiring as well as the economic impact that blocking the bill could have for small businesses.
House Republicans have blocked the Democrats' effort to raise the stimulus checks to $2,000 in line with the president's demand.
U.S. Census Bureau data suggest that over 35 percent of American adults are "living in households not current on rent or mortgage where eviction or foreclosure in the next two months is either very likely or somewhat likely."
Andrea Gervais allegedly scored thousands of dollars by using Senator Dianne Feinstein's name.
The Federal Reserve plans to keep interest rates low for the foreseeable future, even if the economy recovers sooner than expected from the COVID19 slump. The decision to keep interest rates low is good news for homebuyers shopping for a low mortgage rate, but bad news for small savers.
"This will likely get passed before we go home this weekend," Senator Steve Daines of Montana said.
Lawmakers have been at an impasse since summer over a new round of financial stimulus, as the economic fallout of the COVID-19 pandemic persists.
In a misstep from the state's Employment Development Department, the Bank of America reports $2 billion in unemployment funds have been stolen by fraudsters. Last month, for instance, the EDD said the state approved $140 million to inmates who fraudulently applied for benefits.
"God bless the 'Fundraiser of Flavortown,' shame on every single one of our government 'leaders' who have failed them," reads one tweet praising the celebrity chef.
These last-minute steps can save you a bundle on taxes and healthcare and set you up for a financially better 2021—no matter what Congress does or when it acts on pandemic economic relief.
One man, Pierre Casseos, told reporters that he slept out overnight on a milk crate in order to avoid missing out.