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January 17, 2021

Jobs

UK vacancies for remote workers triple in a year: consultancy

Reuters
FILE PHOTO: Workers wearing face-masks walk past an information board on social distancing as they travel through the Waterloo Station during the morning rush hour following the coronavirus disease (COVID-19) outbreak, in London, Britain, July 6, 2020. REUTERS/Toby Melville LONDON (Reuters) – Demand for remote workers in Britain tripled over......

Biden unemployment plan: $400 weekly boost, extra benefits for six months

CNBC
CNBC – For more and to sign up click here Chip Somodevilla | Getty Images News | Getty Images President-elect Joe Biden’s pandemic relief package would extend income support for millions of unemployed workers through September 2021 and increase jobless benefits by $400 a week, according to a speech outlining......

Biden wants to increase stimulus checks to $2,000. Here’s what we know about those payments

CNBC
CNBC – For more and to sign up click here U.S. President-elect Joe Biden at a drive-in rally in Atlanta on Jan. 4, 2021. Jonathan Ernst | Reuters The push for $2,000 stimulus checks just got stronger. President-elect Joe Biden unveiled his stimulus plan in a speech on Thursday night......

Missouri asks thousands of unemployed people to repay jobless aid

CBS News
CBS News – For more and to sign up click here Watch CBSN Live Officials say they mistakenly overpaid benefits to thousands of unemployed people. Now the state wants the money back. Copyright © 2021 CBS Interactive Inc. All rights reserved. Source link To Return to the Main Aggregate News......

Many workers will get 4 extra weeks of unemployment benefits. Here’s how

CNBC
CNBC – For more and to sign up click here Win McNamee | Getty Images News | Getty Images The recent Covid relief package offers 11 extra weeks of jobless benefits to workers. Many, but not all, will be eligible for four more, for a total of 15 weeks. However,......

Despite rising yields, $7.9 billion money manager believes inflation comeback worries are premature

CNBC
CNBC – For more and to sign up click here RiverFront Investment Group’s Kevin Nicholson believes inflation comeback worries are premature because Treasury yields’ upside is limited. His latest analysis came as the benchmark 10-year Treasury Note yield hit its highest level in almost ten months. “The market is preparing......

Opponents to $2,000 stimulus checks say they are not targeted. How that could be fixed

CNBC
CNBC – For more and to sign up click here Hundreds of jobless people wait outside the Kentucky Career Center for help with their unemployment claims on June 19 in Frankfort, Kentucky. John Sommers II/Getty Images As President-elect Joe Biden prepares to take office on Jan. 20, one of his......

A top Democrat backs $600 unemployment boost. Studies show increase didn’t discourage people from working

CNBC
CNBC – For more and to sign up click here Sen. Ron Wyden, D-OR Sarah Silbiger | Getty Images News | Getty Images “My starting point here is going to be my legislation that would reinstate the full $600 weekly and tie additional weeks of benefits and the program for......

V-shaped recovery is in ‘tatters,’ and Wall Street doesn’t seem to care: Economist Stephen Roach

CNBC
CNBC – For more and to sign up click here Economist Stephen Roach sees trouble on Wall Street. His observation: The market is placing too much emphasis on the Federal Reserve holding interest rates at zero to prevent the economy from falling into another recession. “That gives markets conviction to......

Op-ed: Reform our bankruptcy laws before a tsunami of Covid debt comes due

CNBC Real Estate
Handmade signs litter the ground after an anti-eviction protest outside a Mount Rainier, Maryland, apartment complex on Aug. 10, 2020. Leah Millis | Reuters Even with the latest coronavirus relief bill, the economic stresses from the pandemic will continue to mount. An assortment of federal, state, and local foreclosure, eviction,......

A healthy economy can reduce inequality – but only to a limited extent

CNBC
CNBC – For more and to sign up click here A pedestrian wearing a face mask delivers food to a homeless person sleeping in the entrance of a shop, closed due to coronavirus restrictions, in central London on December 23, 2020. Tolga Akmen | AFP | Getty Images “A return,......

Why getting the Covid-19 vaccine will be good for America’s financial health

CNBC
CNBC – For more and to sign up click here Florida Department of Health medical workers prepare to administer a COVID-19 vaccine to seniors in the parking lot of the Gulf View Square Mall in New Port Richey near Tampa, Florida, U.S. December 31, 2020. Octavio Jones | Reuters The......

The unemployment labyrinth may have killed this musician’s dream

CNBC
CNBC – For more and to sign up click here The Going Jessies. Derek Wood (center), Angela Paradis (right) and James Breeding (left) Photo: Derek Wood Derek Wood was about to achieve a lifelong dream. Unemployment benefits may prove to be his foil. Wood, 49, a guitar player and songwriter......

The jobs picture looks negative and could continue to be, but economists see underlying strength

CNBC
CNBC – For more and to sign up click here Cars line-up as the Los Angeles Regional Food Bank distributes food outside a church in Los Angeles on Nov. 19, 2020. Mike Blake | Reuters Nearly half a million jobs were lost in December in restaurants, casinos and other businesses......

Watch Live: Biden introduces economic and jobs team nominees

CBS News
CBS News – For more and to sign up click here President-elect Joe Biden and Vice-president elect Kamala Harris are expected to introduce additional key nominees for their economic and jobs team at an event Friday in Wilmington, Delaware.  Biden and Harris announced the following nominees on Thursday: for Secretary......

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