Washington, August 20
The authorities will present its newest snapshot Thursday of the tempo of layoffs within the United States, which have declined steadily however stay caught at a excessive stage with the economic system nonetheless within the grip of the viral pandemic that erupted in March.
The variety of purposes that had been reported final week fell under 1 million after 20 straight weeks above that stage. Yet at roughly 960,000, it was nonetheless painfully excessive.
Before the viral outbreak, the weekly determine had by no means topped 700,000, even in the course of the Great Recession.
The newest string of layoffs follows the expiration of a USD 600 weekly federal verify that offered important assist for thousands and thousands of laid-off Americans.
Negotiations in Congress to increase that profit, although at a decrease stage of cost, have collapsed.
The Trump administration is providing a brand new USD 300-a-week federal profit, which states want to use for and should revamp their pc techniques to accommodate. AP