Thursday, July 29

Unemployment Rate

Congress, COVID-19, COVID-19 vaccine, Economy, Filibuster, infrastructure bill 2021, Kamala Harris, Politics, President Joe Biden, Reconciliation, Senate, Unemployment Rate, Washington DC

These 5 key numbers are currently defining the Biden presidency from unemployment to vaccinations

President Joe Biden will mark six months in office on July 20. Biden enjoys unified control of government, but the Senate still has its complications. The administration has focused on battling COVID-19 and is strategizing how to continue the fight. Sign up for the 10 Things in Politics daily newsletter. On July 20, President Joe Biden will have been in office for six months.Since their January inauguration, Biden and Vice President Kamala Harris have been met with a host of challenges, most notably the coronavirus pandemic, which, since last year, has upended life as we know it.However, on a range of issues, from steering a largel...
Economy, enhanced unemployment insurance, eric holcomb, Indiana, Larry Hogan, Politics, Unemployment insurance, Unemployment Rate

Indiana resumes federal pandemic unemployment benefits after court ruling

Indiana on Friday resumed paying federal pandemic unemployment benefits. The payments, which stopped on June 19, will be retroactive to the week ending on June 26. Maryland was recently ordered to continue its federal unemployment supplemental payments. Sign up for the 10 Things in Politics daily newsletter. Indiana on Friday resumed paying pandemic unemployment benefits, including the weekly $300 enhanced federal supplement, after the state Court of Appeals denied the state's attempt to continue halting the disbursements, according to The Indianapolis Star.Since the programs restarted, the Indiana Department of Workforce Developme...
COVID-19 relief bill, Economic Recovery, Economy, Enhanced unemployment benefits, Federal Government, Mike Parson, Missouri, Politics, President Joe Biden, Unemployment benefits, Unemployment Rate, US Economy and Markets, weekend BI US

Unemployment declining faster in states that are cutting off $300 enhanced federal benefits, according to WSJ

Unemployment is declining faster in states ending weekly $300 federal benefits, per the WSJ. Missouri ended enhanced federal benefits for unemployed state residents as of June 12. The state's unemployment rate sits below the national average, but many continue to struggle. Sign up for the 10 Things in Politics daily newsletter. LoadingSomething is loading. ...
Economy, Job Openings, Lisa Shalett, Markets, MI Exclusive, Morgan Stanely, Unemployment Rate, US Economy and Markets

3 reasons why the ongoing disconnect between high unemployment and available job openings could continue long-term, according to Morgan Stanley’s wealth-management CIO

Lisa Shalett, Chief Investment Officer, Wealth Management at Morgan Stanley Lisa Shalett Lisa Shalett explains the disconnect between robust hiring demand and elevated joblessness in a new blog post. The Morgan Stanley wealth management CIO says there are three factors that could lead the disconnect to persist. Those factors include accelerated retirements, a widening skills gap, and geographic imbalances in the labor pool. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The number of job openings in the US reached a record high of 9.3 million in April. Meanwhile, the unemployment rate remained elevated at 5.8%, according to data from the US Bureau of Labor Statistics.The disconnect between these two figures has been the source of debate for many economi...