WASHINGTON (AP) — Number of Americans filing for unemployment benefits drops by 98,000 last week to 1 million.
Newly-Filed Weekly Unemployment Benefits Claims Drop To 1 Million
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August 27, 2020 8:40 a.m.
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My final day on the project I’ve had for two years is tomorrow, but I won’t be filing for unemployment.
In Wisconsin, the system has been so gutted (under Scotty) that folks are reporting 8 - 16 weeks before the first check is received.
I’m starting a job at the local Target next week - I won’t earn as much, possibly, as I would on UE, but at least I know the check will arrive in reasonable time.
Sorry to hear that. I think that is the way it is in many cases. Our system is so screwed in many states against the workers. Good luck.
And this is supposed to be good news?
I’m never quite clear on this - is this new claims only?
ETA: I just saw elsewhere, yes, it is first time - never mind.
The other piece on this:
My buddy I used to work with reported that Accenture is booting 25,000 folks at the end of the month.
The US ones will hit next month (September).
Corporations were allowed to tap government loans if they halted layoffs until October. Since the PPP fund wasn’t replenished there will be a massive wave of job losses during October unless Congress acts. And I don’t see Dems backing down on their demands for a larger bill if doing so makes the economy appear better during the 2-3 week run-up to the election. All the pressure to relent on a new relief bill should be on the GOP, but they don’t act rationally so there’s no predicting what’s going to happen.