While he has received some unemployment benefits, it s nowhere near to close to cover what he’s lost.
“I went from making a PUA weekly payment of around $400 a week down to $16 a week,” Glasser said.
Thursday, new weekly initial jobless claim numbers show 900,000 claims filed since last week but John Rosen, adjunct professor of economics at the University of New Haven, said the numbers are somewhat encouraging.
“They were down by about 2.8% across the country which is good news it means that things that are trending better getting better,” Rosen said.
Rosen said President Joe Biden’s nearly $2 trillion recovery plan, which must be approved by Congress, will take time to see results.