Unemployment

"I now have to save my entire [unemployment] paycheck just to get by and pay my bills," a New York resident told Newsweek.

Experts have already warned that millions of Americans could lose out on the new unemployment benefits.

What I've learned, through my personal experience and writing a book on the future of work, is this: True security is never allowing ourselves to become dependent on one employer.

Although new weekly jobless claims have declined, millions of Americans continue to rely on unemployment benefits.

The vice president has touted the number of jobs gained in recent months, following mass losses amid the COVID-19 lockdown.

It's unclear when people would start to receive the expanded benefits and some states are concerned about how they'll foot their 25 percent contribution.

"If we can get a fair deal, we're willing to do it this week," Treasury Secretary Steve Mnuchin said.

California Governor Gavin Newsom joined a handful of other state leaders Monday in saying individual states do not have the funds required to participate in a new unemployment benefit bonus program President Trump announced over the weekend.

Research shows direct payments would keep millions of people out of poverty this year. They are an essential component of any congressional relief package.

"These policy announcements provide little real help to families," Democratic leaders said.

The funds for this wage loss assistance program will be 75 percent funded by the federal government and 25 percent by state government.

Under the president's executive order on enhanced benefits, states have been told to fund $100 of the weekly boost.

President Donald Trump moved to outline executive orders for relief after talks to seek a bipartisan agreement on a package broke down.

The House Speaker and Senate Minority Leader both warned that President Donald Trump's Saturday executive actions won't work and ultimately take money from workers, Social Security and Medicare.

"President Trump does not have the power to unilaterally rewrite the payroll tax law," GOP Senator Ben Sasse said.

An effective vaccine will likely help increase employment, but permanent changes to consumer behavior may mean some people won't have jobs to return to.

New data released on Friday showed that Black unemployment stood at more than 14 percent in July this year.

A new analysis of unemployment claims says about 1 in 3 California workers have filed for unemployment benefits since the coronavirus pandemic began earlier this year.

Republicans have recently indicated they are now willing to negotiate the amount of the payments to secure a deal.

A rise in coronavirus cases in the U.S. suggests that the hoped for V-shaped economic recovery still has far to go.

5.4 million unemployed Americans could run out of money to pay for things like rent, auto payments, credit cards, health insurance, food, and clothing by the end of this month.

Florida Governor Ron DeSantis said during an interview published Tuesday that "pointless roadblocks" present in Florida's unemployment benefit claims system are intended to discourage the jobless from filing claims.

"The speaker of the House and the Democratic Leader are continuing to say 'our way or the highway,'" Senate Majority Leader McConnell said Monday.

84 percent of voters said that the economy was a major factor in their decision about who to vote for in November.

No enhanced unemployment benefits; CEOs should stay in their lanes; and a plan to bring generic drugs back to the U.S.

As a critical deadline looms, White House officials are stressing that they want to extend enhanced unemployment benefits that went into effect earlier this year in response to the coronavirus pandemic but negotiations with Democratic leaders, so far, have fallen short.

"Given the deteriorating economy, the final agreement needs to end up closer to the House proposal than the Senate's," Moody's Analytics wrote in its weekly market outlook report.

Governor John Bel Edwards warned Louisiana's jobless fund could be completely depleted by September, putting a greater financial burden on businesses.

Kevin McCarthy also blamed the Democratic leadership for delays in passing much needed COVID-19 relief legislation.

The $600 unemployment enhancement has ended, with the prospect of a deal between Democrat and Republican lawmakers for a further provision yet to be reached.