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Job Losses From Coronavirus Threaten to Stall US Economy

2020-03-20 1 Dailymotion

Job Losses From Coronavirus <br />Threaten to Stall US Economy A 30% increase in unemployment claims <br />was reported last week, according to <br />the Labor Department. The 281,000 new claims prove that businesses <br />may not be able to keep their staffs intact <br />amid the COVID-19 outbreak. Martha Gimbel, Schmidt Futures, via statement The Labor Department told state officials <br />to “provide information using generalities <br />to describe claims levels” until the department releases the total number <br />of unemployment claims next week. Almost half of the population, about <br />156 million Americans, receive health <br />insurance through their employer. Dr. John Graves, Vanderbilt University The Senate proposed a blueprint <br />on Thursday that includes loans to <br />small businesses, corporate tax cuts and writing individual checks as large as <br />$1,200 to people earning less than $99,000 a year.

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