Description
Added on the 07/04/2020 14:00:00 - Copyright : EFE Inglés
Washington, Apr 23 (EFE / EPA) .- (Camera: Edwin Ramírez) The COVID-19 pandemic has led to more than 26 million workers in the United States to apply for unemployment benefits in the last five weeks. FOOTAGE OF WASHINGTON.
President Donald Trump faces a ticking clock with respect to the current proposed COVID-19 relief package. Trump has suggested he may reject the $900 billion package that Congress approved earlier this week unless lawmakers include $2,000 stimulus payments. Business Insider reports Trump could cost jobless workers a week of $300 federal unemployment benefits if he fails to sign the bill by midnight Saturday. Business Insider reports nearly 14 million Americans may lose all their unemployment aid this weekend if the bill doesn't pass. Labor experts say a two-to-three week gap in unemployment benefits is inevitable, as states need to recalibrate their computer systems to send the payments.
As the pandemic drives the US economy inexorably into the ditch, many freelancers, gig workers, and self-employed Americans find work is dwindling. But according to Business Insider, there are ways to bring more money through the door--or at least, ways to keep less of it flowing out. Financial planner Ben Henry-Moreland says to start by looking at your own wallet. Where can you cut your spending? Negotiate with creditors, and chase late payers. Make adjustments to your health insurance to reduce your premiums, adjust your estimated quarterly tax payments downwards. Keep up with government programs and what's available. As one program ends, another may begin. You may be overlooking state or county programs, too. Finally, reach out to your network of friends and colleagues for job leads, client referrals, and advice on how to pivot your business to this new pandemic world.
Maryland (USA), Apr 16 (EFE / EPA) .- More than 5.2 million people applied for unemployment benefits last week, bringing to 22 million the number of those who have started in the US the process in four weeks, as reported by the Labor Department on Thursday.(CAMERA: Edwin Ramírez)
Hundreds of people march down Reforma Avenue in Mexico City, demanding justice and equality for Indigenous peoples, on the anniversary of Columbus' discovery of the Americas. IMAGES