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
- CT governor’s candidates claims: What’s true, and what’s misleading
- Retaining clients by giving them a memorable experience
- Addressing the longevity paradox
- Employers shift focus from retirement access to financial outcomes
- Helping widowed clients navigate their new financial reality
More Advisor NewsAnnuity News
- Jackson Launches Suite of Fixed Index Annuities Focused on Accumulation
- Farm Bureau P&C insurers post first underwriting gain since 2021
- Legacy Marketing, Malibu Life launch two fixed indexed annuities
- Changing client priorities are reshaping annuity conversations
- Solen Software acquires annuity software provider Cooperative Technologies
More Annuity NewsHealth/Employee Benefits News
- Building trust in a more complex Medicare Advantage market
- Access Health CT opens health plan enrollment for 2027
- Cost of employer-sponsored health insurance plans rises again, nonpartisan survey finds
- Centene sues feds over low ratings for senior health plans
- Terry Savage: Small business owners, now is the time to offer health insurance coverage
More Health/Employee Benefits NewsLife Insurance News