Marketplace Logo Donate

Daily business news and economic stories from Marketplace

So you’re out of work. How’s 70% of your old salary sound?

Heard on:

Treasury Secretary Steven Mnuchin said Thursday that the unemployment extension for the GOP bill will be based on "approximately 70% wage replacement." Olivier Douliery/AFP via Getty Images

get the podcast

That’s the pitch Treasury Secretary Steven Mnuchin gave CNBC today when outlining the Republican plan for coronavirus relief after the extra weekly $600 in unemployment benefits runs out at the end of the month. On today’s show, we’ll try to figure out why Congress left this to the last minute and whether legislators’ latest proposal will work for the 34 million Americans now jobless. Plus: Kai gets hacked (maybe).

Here’s a list of what we talked about today:

Finally, join us for our live happy hour episode Friday at 6:30 p.m. EDT, 3:30 p.m. PDT. Subscribe to our YouTube channel so you don’t miss it.

What's Next

Latest Episodes From Our Shows

Listen
4:04 PM PDT
26:00
Listen
3:52 PM PDT
27:57
Listen
1:43 PM PDT
1:50
Listen
7:07 AM PDT
7:44
Listen
Jul 5, 2022
7:09
Listen
Jun 30, 2022
31:02
Listen
7:44 AM PDT
26:25
Exit mobile version