Overwhelmed by a crush of newly jobless residents trying to file for unemployment benefits online or over the phone, the Florida Department of Economic Opportunity rolled out a new option Tuesday -- a paper application.
President Donald Trump has seen his approval ratings tilt upward because of his response to the coronavirus pandemic. Unfortunately, the US economy is in a tailspin because of that same pandemic. A record of nearly 10 million Americans have filed unemployment insurance claims the past two weeks and the country had a net loss of 700,000 jobs in the month of March. If history holds, this downward swing in the economy could wipe out any gains Trump has made in his popularity and put his reelection bid in great peril.
In a historic expansion of unemployment insurance, the federal government would give jobless workers an extra $600 a week on top of their state benefits for four months as part of the $2 trillion stimulus deal lawmakers agreed to early Wednesday.
On Tuesday in a meeting with Republican senators, Treasury Secretary Steve Mnuchin warned that unless Congress takes action to deal with the massive economic impact of the coronavirus pandemic, the country could see unemployment soar to as high as 20% -- meaning that 32 million Americans could be out of work.
Trump ally Erik Prince has recruited former US and British spies to help a conservative group target Democratic campaigns and labor organizations, among others, seen as averse to President Donald Trump, according to a New York Times report.
A commemorative tweet from former President Barack Obama Monday touting the "longest streak of job creation in American history" on the 11th anniversary of the Recovery Act was met by an angry tweet from President Donald Trump attacking Obama's record on the economy.