Financial Daily Dose 1.15.2021 | Top Story: As Unemployment Claims Surge, Biden Unveils $1.9T Covid Recovery Proposal | Robins Kaplan LLP
To embed, copy and paste the code into your website or blog: A big jump in unemployment claims, as reported yesterday, confirmed fears that a “resurgent pandemic” is challenging U.S.’s economic recovery. Some 1.15 million workers filed initial claims for state unemployment benefits during the first full week of 2021 - NYTimes and WSJ and Marketplace On Thursday, president-elect Biden laid out plans for $1.9 trillion “in government spending to combat the coronavirus pandemic and its effects on the economy” in what he and his team are pitching as a two-bill effort that could also incl...