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Beyond allowing school staff and workers who feel unsafe to claim unemployment benefits, the new guidance also offers relief for those who have had to deal with child care and school closures affecting their jobs, even after schools went back to in-person attendance. This is great news for a case we ve seen a lot: parents [who] left work when schools closed, jobs replaced them, and then they were out of work, but school reopened, Elizabeth Pancotti, policy director with Employ America tweeted on Thursday. She noted that if parents had to quit their jobs as a direct result of Covid-19, even if schools reopened, they will be eligible to receive unemployment benefits. ....
The Labor Dept. expanded unemployment eligibility for workers including school employees affected by closures and people who lost hours from Covid. ....
February 26, 2021 Turmoil in the bond markets, improving economic indicators, and a raft of government aid has economists and investors wondering: Is inflation set to rise in 2021? The likely answer is yes but only by a healthy amount, and in the short term, because of how activity will resume as the pandemic subsides. There is a sign the markets anticipate this dynamic: They now expect inflation to be higher in the next five years than over the next 10. This finding comes from comparing the interest rates on US government debt to interest rates on Treasury Inflation Protected Securities (TIPS), special bonds that are linked to price indices. TIPS are guaranteed to protect an investor’s principal from inflation, but have lower yields, reflecting lower risk. By subtracting the rates paid by TIPS from the rates paid by regular government debt effectively, the rate of inflation at which the two investments would “break even” we can see roughly how markets expect inf ....
$15 Minimum Wage Becomes a Barrier for Lawmakers to Immediately Pass the Stimulus Bill hngn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hngn.com Daily Mail and Mail on Sunday newspapers.