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Biden Is Determined to Create Jobs… in China

Biden Is Determined to Create Jobs… in China
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US Jobless Benefit Claims Drop for 4th Straight Week

US Jobless Benefit Claims Drop for 4th Straight Week Voice of America 28 May 2021, 04:05 GMT+10 New claims for jobless benefits in the United States dropped for the fourth straight week, the Labor Department reported Thursday, as the world s biggest economy continues its recovery from the coronavirus pandemic. A total of 406,000 out-of-work employees filed for unemployment compensation, down 38,000 from the revised figure of the week before, the agency said. The figure was the lowest total since mid-March 2020 when the pandemic first swept into the country, although still nearly twice the pre-coronavirus weekly average of 218,000 in 2019. More than half of U.S. adults have now been fully vaccinated against the coronavirus, boosting the economic recovery, although the pace of inoculations has dropped from its peak a few weeks ago.

GOLDBERG: A tale of two downturns in Toronto

Article content As hardworking taxpayers tightened their belts last year to cope with pay cuts and job losses, Toronto’s municipal employees were busy cashing in bigger paycheques with your tax dollars. The City of Toronto currently employs 34,603 workers. Last year, only 104 of them didn’t get a raise. That means over 99.6% of Toronto municipal employees got a pay hike. We apologize, but this video has failed to load. Try refreshing your browser, or GOLDBERG: A tale of two downturns in Toronto Back to video Toronto has been experiencing a tale of two pandemics. Government employees have largely got through the downturn scot free, while workers outside of government have borne the burden.

Biden says US must invest because China eating our lunch | Money

Friday, 07 May 2021 07:26 AM MYT US President Joe Biden speaks about his US$2 trillion infrastructure plan during an event to tout the plan at Carpenters Pittsburgh Training Centre in Pittsburgh, Pennsylvania March 31, 2021. Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. LAKE CHARLES, May 7 President Joe Biden warned Thursday that Congress needs to adopt his multi-trillion dollar spending plans to renew the US economy because China is “eating our lunch.” Speaking in deep-Republican Louisiana, Biden pitched his US$2.3 trillion (RM9.5 trillion) infrastructure proposal as a way to secure US preeminence on the global stage as much as fixing dangerous bridges and roads.

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