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Senate holds confirmation hearings for two more Biden nominees

Senate holds confirmation hearings for two more Biden nominees





Senate holds confirmation hearings for two more Biden nominees

America’s unemployment crisis is now President Biden’s problem, and jobless claims in his (partial) first week as president show how far the economy has to go to get back to normal.

Another 847,000 Americans filed for first-time unemployment benefits last week on a seasonally adjusted basis, according to the Department of Labor. It was the only decrease from the 914,000 claims in the week before.

On top of that, 426,856 workers filed for Pandemic Unemployment Assistance, a program designed to provide aid to those not eligible for regular state benefits, such as gig workers. Pandemic Unemployment Assistance claims are not adjusted for seasonal swings.

Together, first-time claims stood at 1.3 million without seasonal adjustments.

Continued jobless claims, which count workers who have applied for benefits at least two weeks in a row, fell slightly to 4.8 million.

Biden signed executive orders last week that will further augment food benefits, ensure more eligible Americans get their stimulus payments, provide protections for federal workers, and extend housing and student loan payment relief.

But Biden is pushing Congress to pass a $1.9 trillion package with even more funding for those measures — including $1,400 in additional stimulus cash — as well as other provisions to help needy Americans. Some Democrats want his package to be even more generous, while Republicans are balking at the increased spending. It’s not clear when a deal might get done or what a final version will look like.





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