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More than 30 million Americans are currently receiving unemployment benefits

More than 30 million Americans are currently receiving unemployment benefits

31 July 2020

More than 30 million Americans are currently receiving unemployment benefits. Of these: 17 million – within the framework of regular government programs and 13 million – within the framework of the federal unemployment assistance program during the pandemic. Economists say this will be a tough week for the United States as the $ 600 bonus that those 30 million people were counting on has officially expired. They also warn that this factor will significantly affect consumer spending, as many will no longer be able to pay their bills or service their debt on loans.

V.Vuldorfs, a trader with many years of experience, commented: “I am afraid that we will have to extend the assistance programs at least until the elections, and maybe even longer. The funny thing about the situation is that it took the United States 10 years to create a similar number of jobs, and now they have a dilemma – what to do with all this?

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31 July 2020
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