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Another 861,000 US workers file for unemployment as corporations exploit pandemic to restructure operations

Another 861,000 US workers file for unemployment as corporations exploit pandemic to restructure operations
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Report: Majority of unemployment claims coming from repeat layoffs

Most new claims for unemployment benefits are coming from repeat layoffs according to a new report from economists at the University of Chicago and J.P Morgan Chase Institute.

Will Ferrell Is Trying to Save GM and I m Not Sure He Can Do It

Will Ferrell Is Trying to Save GM and I m Not Sure He Can Do It | Opinion On 2/14/21 at 7:00 AM EST Please, every economic writer on earth: stop telling me how the economy is recovering. If anyone has noticed, it was another rotten week on the unemployment front. Some 793,000 folks applied for unemployment benefits and an additional 335,000 filed under the federal plan that covers the self-employed. I ll do the math for you: that s 1.13 million out-of-work Americans seeking benefits for the first time. If you think that s an okay number, consider this from the Economic Policy Institute: it s the 47th straight week total initial (traditional) claims were greater than the worst week of the Great Recession. The weekly number before we fell off the earth a year or so ago? Around 215,000. For this edition of

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