1M apply for unemployment, as economy remains in limbo amid COVID-19 pandemic

That latest surge means just over 58 million have sought aid for the first time in just 23 weeks.

The number of home loans that have received that short-term relief shrank slightly to 7.2% as of August 16, from 7.21% the week before according to the MBA's most recent survey. As more Americans seek jobless aid, the size of the weekly benefits they can receive has shrunk significantly. An extra $600 from the federal government ended in July, and Congress has not reached an agreement on a new relief package.

Those who do qualify for the extra $300 still face potential roadblocks. States have to reconfigure their systems to pass out the money which can lead to long delays, experts say. More than half of states have been approved for the extra $300 in unemployment insurance but Louisiana, Arizona and Texas are currently the only states that have begun handing out funds, according to the Century Foundation.

Data quirk inflates coronavirus jobless figures by 3.7M

Keep an eye on COVID-19 impact & recovery in our interactive hub that shows unemployment, economy & pandemic indicators all in one place. You can compare and contrast the latest available govt data and see how our country is faring:

Healthy Credit is here to help you clear all your credit card debt and increasing your credit score, send us a DM today you don't have to worry about your bad credit score anymore

States still have businesses shut down. Of course there is still unemployment claims.

The TRUMP VIRUS continues its toll on Our Nation. 180K Dead, 30M+ Unemployed, No National Plan other than Ignore, Lie, Rinse & Repeat! He is the Virus Folks! He has to Go, We are Better than I45. REGISTER NOW/VOTE ASAP...Our Country, Constitution & Lives Depend on It.🇺🇸🌊✊🏽✊🏼✊🏻

So what is the Democrat controlled house doing for these people?

And the Florida governor is still withholding covid Unemployment although it was one of the hardest states hit and the most out of work people thats just sick and evil

For 22nd straight week, unemployment filings top 1 million, Roughly 60 million Americans have filed initial unemployment claims since mid-March, a total unlike anything the country has seen in modern times.

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘It’s been Covid, Covid, Covid’: Pro-Trump super PAC plans ad blitz on the economyAmericans are still grappling with a global pandemic that has claimed nearly 180,000 lives in the U.S. alone. But America First Action, the largest super PAC supporting President Donald Trump’s reelection, is about to go all-in on the economy. Apparently the RNC got 6 times the amount of viewers first night, compared to the DNC first night. Why? Dems are like a broken record with their Trump hate and there is little actual political content in the Biden camp. Everything including cancer has been labeled China flu death.
Source: politico - 🏆 381. / 59 Read more »