Posted in Analysis Common Dreams Safety Net Unemployment

Analysis warns devastation will follow if GOP cuts off $600 unemployment boost

“It would be a catastrophe to let these turn off and replace them with nothing.” by Jake Johnson, staff writer Friday, June 26 A leading progressive economist warned Friday that devastating job losses and income cuts…

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Posted in Coronavirus Economy News Unemployment

Labor Bureau says ‘misclassification error’ is making unemployment rate look lower than it really is

“Long story short, BLS is telling us that we’re at 16 percent unemployment.” by Jake Johnson, staff writer Saturday, June 6 Buried at the bottom of the Bureau of Labor Statistics’ May jobs report—which President Donald…

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