Joins us now via zoo for zoom. Senior economist at the nonprofit Upjohn Institute for Employment Research in kalamazoo, michigan. Christopher oleary, lets work away backwards. Can you explain what president trumps executive action when it came to unappointed insurance he signed this weekend, what it did in how it compares to what was offered under the cares act . Guest good morning, john. Thank you for having me on. Pleasure to be on washington journal. Certainly i can address the executive order. I read it. Theink i understand objective. Up and talke back about this whole idea of supplementing unemployment. It is interesting. There have been eight recessions since the eisenhower administration. Every one the federal government has extended the duration of regular state on employment insurance benefits. There was a modest additional compensation added during the Great Recession in 2009. 25 added. Check. D to every benefit it went largely unnoticed. Recognized the existing unappointed i
Those that were hit hardest early by the pandemic continue to hire back and the Unemployment Rate has declined to ten. 2 percent but we have a long way to go despite the solid job gains last month the past three months we are still down about 13 million jobs we still have not recovered about half the jobs lost. Ten. 2 percent unemployment is pretty tough. Just for context to go back to the financial crisis ten years ago the highest Unemployment Rate was 10 percent on the nose and that was for one month. We have a long way to go. Then to point out what makes me nervous is the rate of improvement have slowed the june job number four. 8 million jobs added. The rate of employment is flowing and that it will take a long time to get back what we lost in march and april. Host do think that rate of improvement to the numbers we are seeing do not show theme effect of the states have to shut down again . Yes. It was reflected in part because its we saw these gains and then the re intensification
You know that. Reporter there are a lot of it is not intentional, i just firsts today. The first full day of senator Kamala Harriss role as joe bidens running mate. The first time the two will wanted to put together a list make an appearance together. Today where i think we have the release ad of the campaign. Made a lot of progress. Reporter and a moment captured in their new campaign it is by no means an exclusive ad, joe biden made his choice for a running mate. List of the considerations that california senator kamala we are advancing over the harris. Is the answer yes . Course of this legislative session that concludes on august 31. Absolutely yes. With that, and concluding my presentation. Reporter they will talk all right. About working together, you have been listening to Governor Newsom talking about a lot of things. Restoring the nation and the we can sit here and rehash it all. No need to do that. Fight for working families. Tonight they will go to a if there were a few high
Senior economist at the nonprofit Upjohn Institute for Employment Research in kalamazoo, michigan. Christopher oleary, lets work away backwards. Can you explain what president trumps executive action when it came to unappointed insurance he signed this weekend, what it did in how it compares to what was offered under the cares act . Guest good morning, john. Thank you for having me on. Pleasure to be on washington journal. Certainly i can address the executive order. I read it. Theink i understand objective. Up and talke back about this whole idea of supplementing unemployment. It is interesting. There have been eight recessions since the eisenhower administration. Every one the federal government has extended the duration of regular state on employment insurance benefits. There was a modest additional compensation added during the Great Recession in 2009. 25 added. Check. D to every benefit it went largely unnoticed. Recognized the existing unappointed insurance system is inadequate i
Research discusses the role of Unemployment Insurance. The d. C. Doc reviews court of appeals as it read good morning. With less than three months to go until election day 2020 and with an unprecedented number of americans expected to vote by mail amid the coronavirus pandemic, the u. S. Postal service has emerged as a flashpoint. Questionedrump has the Postal Service possibility to ensure the security of mailin ballots while democrats in congress have raised concerns about leadership changes at usps and called for major funding increases. This morning we are asking you about your level of trust in the Postal Service when it comes to elections. The phone lines are sprayed up regionally. In the eastern or central time zones. 202 7488001 in the mountain or pacific time zones. A special line for current and formal poster former postal workers, 202 7488002. You can also send us a text at 202 7488003. Please include your name and where you are from. Catch up with us on social media. A very