It’s a hit to morale and skill-building for the workforce.
Federal data for July caught the tail end of the $600 a week in additional federal unemployment insurance just before it expired.
The number of initial claims has exceeded 1 million most weeks since late March.
So we created an interactive map of unemployment benefits and average rent across all 50 states and the District of Columbia.
More states are trying to join the program, but most will offer $300 a week in additional benefits, rather than the $400 the president wanted.
This may be further evidence that the economic recovery is slowing or stalling.
A rising number of people who have lost jobs say they consider their loss to be permanent.
While new jobless claims fell below 1 million for the first time in 21 weeks, we’re still a long way away from a “good” economy.
The decline suggests that layoffs are slowing, though last week’s figure is still above the pre-pandemic record of just under 700,000.
Calling on states to implement new unemployment programs, as Trump’s action has done, may not be practical.