Second Stimulus Unemployment Update: More Than 30% Of Americans Couldn’t Last A Month Without $600 Checks
Posted on AllSides July 29th, 2020
From The Center
11.1%. That’s the June unemployment rate. It’s lower than the peak of 14.7% in April, but it’s still astronomically higher than the record lows of roughly 3% the economy saw in the months leading up to the coronavirus outbreak. As it stands now, some 30 million Americans are receiving temporary unemployment benefits.
KEY BACKGROUND
Negotiations are under way in Washington to put together the next round of pandemic stimulus legislation and prop up a precarious economic recovery. Senate Republicans on Monday introduced a series of splintered proposals for...
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