Jobless, unemployment claims; relief bill; Trump

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Jobless claims smashed a record, U.S deaths surged past 1,000 and those $1,200 stimulus checks were inching closer to America’s mailboxes Thursday as coronavirus tightened its grip on America.

The Labor Department, in announcing the unemployment claims numbers for last week, said what Americans already knew – that layoffs hit the hospitality and food service industries particularly hard. Other industries that struggled included health care and social assistance, arts, entertainment and recreation, transportation and warehousing, and manufacturing industries, Labor said.

Congress was trying to supply a ray of hope. The House is scheduled to take up a Senate-passed, $2 trillion emergency aid proposal on Friday. Swift passage was expected – the package flew through the Senate on Wednesday night by a vote of 96-0. President Donald Trump has expressed a willingness to sign the measure. 

The stimulus comes as confirmed coronavirus cases in America closed in on 70,000, and more confirmations are expected as the U.S. ramps up testing. The global death toll was more than 21,000; total confirmed cases are approaching 500,000, according to the Johns Hopkins University data dashboard.

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Record 3.3 million people apply for unemployment benefits

The number of Americans filing initial applications for unemployment benefits jumped nearly twelvefold to a record 3.3 million last week, the Labor Department said Thursday, offering the most vivid evidence yet of the coronavirus’s widespread damage to the economy. The total was well above the 1.5 million claims economists had forecast, according to the median estimate of those surveyed by Bloomberg.

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Editor

Editor is WebTech Group (WTG). WTG is a web hosting, design, SEO, press release distribution company and news agency located in St. Louis, Missouri. Site is owned and operate multiple news sites in the region. Our objective with STLNewsMissouri.com is to offer readers a one-stop news site for Missouri news. We aggregate news from news media across the state. We do not aggregate news from all sources. We pick from those that offer RSS feeds and pick the best with eliminating those that might produce the same news stories, written differently.
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Flood Warning issued March 26 at 9:51AM CDT until further notice by NWS

[ad_1] …The flood warning continues for the following rivers in Missouri.. Meramec River near Arnold River forecasts are based on observed precipitation and forecast precipitation for the next 48 hours. The Flood Warning continues for the Meramec River near Arnold [ad_2] Source link
Flood Warning issued March 26 at 9:51AM CDT until further notice by NWS