As per the report, a slow and bumpy global recovery is expected. It, however, added that despite the relative stability of its forecasts since last April, uncertainty around the macroeconomic outlook remains much higher than usual.It a
How many Americans will benefit remains unclear.
That s because, to stay on their workplace plan, a laid-off worker typically must continue to pay their monthly premiums, as well as their employer s usual contribution and then another 2% administrative fee on top of that.
The typical annual premium for job-based coverage in 2020 was $7,470 for individuals and $21,342 for family coverage, according to the Kaiser Family Foundation.
Now, the government will fully cover these pricey premiums for the next seven months. COBRA subsidies have occurred before, including during the Great Recession and in 2002 for people who lost their jobs to international trade conflict.
By one count, around 130,000 unemployed working-age adults had health insurance coverage through COBRA in 2017. But that was, of course, before the pandemic caused unemployment to soar. And again, many people don t opt for the coverage because of its cost.
Vice-chancellor and principal of Wits University Prof Zeblon Vilakazi says the issue of student funding is a national, system-wide issue which the university cannot solve alone.
Global debt to GDP has been rising for many years and the pandemic simply exacerbated the trend. While global debt hit a record 201 trillion dollars at the end of last year equivalent to 267 per cent of GDP S&P projects it will ease to 258 per cent by the end of this year before steadying at around 255 to 256 per cent in 2022-23.
(The Center Square) – New Hampshire lawmakers are moving to exempt thousands of New Hampshire businesses from paying state taxes on federal pandemic relief loans.