Author: JAY HEFLIN Washington Examiner
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Millions to lose benefits day after Christmas even if Congress acts
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U.S. lawmakers seeking to extend unemployment benefits in the forthcoming COVID-19 relief package have acted too late to dodge delaying payments to jobless workers, according to labor experts. “They should have passed something before Thanksgiving for this to be avoided,” Elizabeth Pancotti, a policy adviser to the labor advocacy think tank Employ America, told the Washington…
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April jobless rate spikes to 14.7%, highest since Great Depression; historic 20.5M jobs lost
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The economy lost 20.5 million jobs in April, the Labor Department reported on Friday, as the coronavirus wreaked a historic amount of havoc on employment. The unemployment rate also skyrocketed to 14.7% in April, up from 4.4% in March. Friday’s report is the worst on record. The federal government has never reported more monthly job losses since…

