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Congress Passes New Bill! Unemployment Extension $300/ $400 PUA
Find out how a minimum of 1 million Americans have filed unemployment each week for nearly 11 months, the latest on job growth and unemployment during the month of January, and which state was able to save upwards of $2 billion that could have been lost due to fraud.
A recent report from Axios shows that for the past 46 weeks in a row, at least 1 million Americans have filed some form of unemployment.
Julia Coronado, President of MacroPolicy Perspectives, explained: “For almost a year initial claims for unemployment benefits have exceeded the highest levels seen in the Great Recession.”
She continued: “It’s hard to understate the extreme disruption that is still ongoing in the labor market.”
Coronado also stated: “Net job creation has slowed … and it is way too soon to settle into a slower pace of job creation given the deep hole we are still in.”
Hopefully, the decrease in weekly initial claims can put an end to this 46-week streak, as more Americans find employment and get back into the workforce.
Meanwhile, the monthly employment report for the month of January was released earlier today, displaying some decent…