Women Accounted For All 140,000 Jobs Shed In December
Democracy Now!
President-elect Joe Biden wants to bump stimulus checks to $2,000.
In economic news, the U.S. lost 140,000 jobs in December. Jobs held by women, mostly Latina and Black women, account for the net loss, with restaurant and bar workers suffering the highest numbers.
This comes as The Guardian reports nearly every state has failed to meet federal requirements to distribute enhanced unemployment benefits within three weeks to most recipients. Benefits for some 14 million people expired on or before December 26 — a day before President Trump signed the latest stimulus bill into law, leading to lapses.
Joe Biden is unveiling his proposal this week to provide trillions of dollars in pandemic relief funds, which includes plans to increase direct relief to $2,000 per person. Biden spoke Friday as he formally introduced the newest members of his economic team.
President-elect Joe Biden: “We need more direct relief flowing to families, small businesses, including finishing the job of getting people the $2,000 in relief, direct payment. Six hundred is simply not enough when you have to choose between paying rent, putting food on the table, keeping the lights on.”
Jobs Are Evaporating While COVID Deaths Skyrocket
Key Person Income Insurance Market May See a Big Move : Allianz, Tenet, AXA
Advisor News
- Benefit Costs Squeeze Schools, Driving Cuts, Tax Hikes And Difficult Tradeoffs
- Why client insurance needs could change even if their life doesn’t
- Most Gen Z investors think less than a year ahead when making financial decisions
- IRI pitches retirement agenda to Jeffries as democrats shape affordability platform
- Help child-free clients plan for their later years
More Advisor NewsAnnuity News
- Guidance, bulletin or reg? NAIC debates form of annuity illustration update
- Nationwide adds mutual fund-linked strategy to New Heights Select FIA
- NUNN INTRODUCES BILL TO CUT RED TAPE, GIVE IOWANS CLEARER INSURANCE INFORMATION
- NAIC working group pressed to accelerate annuity illustration overhaul
- State Auditor James Brown Kicks Off Life Insurance Awareness Month With Policy Locator Tool
More Annuity NewsHealth/Employee Benefits News
Life Insurance News