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Reddit, Robinhood and hedge funds face Congress

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A person holds a screen up displaying the Robinhood app with a GameStop sign in the background.

Olivier Douliery/AFP via Getty Images

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Some of what we're seeing in those high jobless claims numbers is a backlog that's finally being cleared

Diane Swonk, chief economist at Grant Thornton, says there was a lapse when the latest COVID relief package from the federal government passed in December and some unemployment benefits were extended again. "We were already going to take time for people to get the money that they were owed, let alone what they could qualify for. And this added another layer on to that," she said. That aside, Swonk says, "the labor market just isn't healing."
COVID-19

Undocumented workers who lost restaurant jobs struggle to get relief

by David Weinberg Feb 18, 2021
We hear from one line cook who lost his job when the pandemic hit and has since been unable to find another restaurant job.

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Web of Deception Thievery Corporation

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