At a time when unemployment is high, one category of American workers has been overlooked: People who still have jobs but whose financial struggles have escalated during the pandemic. Some have had pay cuts or had their hours slashed. FredMonyak
Leesa Huddleston talks about washing dishes and cleaning kitchens at a casino from her home, Monday, Aug. 3, 2020, in Shelbyville, Ind. Huddleston returned in June after a three-month furlough caused by the coronavirus. She felt fortunate to no longer be among the roughly 30 million Americans who remain jobless and are now struggling with suddenly reduced unemployment aid. Yet the return of her job hardly ended Huddleston's financial troubles.
They don’t portend good things for the economy, said Elise Gould, a senior economist at the Economic Policy Institute, a progressive think tank, who notes that anxious consumers, whether they hold a job or not, typically cut back on spending, the primary driver of the economy. In Atlanta, Sirnorris Mitchell was forced to dip into his savings to pay for diabetes medication after his work hours, too, were reduced. Mitchell had been trying to re-establish his independence with the help of Homes of Light, a homeless services organization connected to United Way. Then the coronavirus eliminated his part-time office job.
The number of Americans who have endured wage cuts or reductions in work hours isn’t as definitive. But federal data, combined with economic research, puts the figure at around 11 million. In July, more than 7 million Americans reported that they were working part time because their hours had been cut — far more than the 2.8 million who said so in February — the government said.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Mayor Bottoms: Atlanta and Georgia 'are headed in the wrong direction' with the virusAtlanta Mayor Keisha Lance Bottoms joins Andrea Mitchell to discuss the state of her city's efforts to combat the coronavirus, saying that 'in Atlanta and across the state of Georgia, we are headed in the wrong direction' as infections and hospitalizations rise. She also addresses Joe Biden's controversial comments about the diversity of the Black community, saying 'I believe what he was trying to articulate was just in terms of voting patterns. But I know he doesn't believe we are monolith, because I've had these conversations with the Vice President directly.'
Weiterlesen »
AP source: MAC cancels fall football season due to virusThe Mid-American Conference on Saturday became the first league competing at college football’s highest level to cancel its fall season because of COVID-19 concerns. A person with knowledge...
Weiterlesen »
AP FACT CHECK: Trump misleads on mail ballots, virus vaccineIt was a week of relentless attacks by President Donald Trump and his allies on mail-in voting for the November election, and truth took a beating at every turn. Fearing a pandemic-induced surge in such voting will work against him, Trump persisted in arguing that fraud is rampant for mail-in ballots
Weiterlesen »
Paris makes masks compulsory in busy outdoor areas as virus flares upParis authorities on Saturday imposed the mandatory wearing of face masks outdoors in busy areas of the French capital from Monday to curb a rise in the rate of coronavirus infections.
Weiterlesen »
Virus-quieted oceans open window for Shark Week researchersThe coronavirus pandemic forced people to stay put, but it gave sharks a travel passport and scientists a rare opportunity.
Weiterlesen »