“In addition, data collection for the two surveys was affected by the coronavirus. Although response rates for both surveys were adversely affected by pandemic-related issues, we still were able to obtain estimates from our two surveys that met BLS standards for accuracy and reliability.”
Under the Coronavirus Aid, Relief, and Economic Security, or CARES Act, self-employed and gig workers who previously could not file for unemployment now can.
Congress has no money of its own. Every penny will have to be taken away from the very people they claim to be rescuing.
The federal budget deficit is likely to increase to $2.4 trillion for fiscal year 2020, or 11.2% of gross domestic product, which would be the largest deficit as a share of the economy since World War II when it reached 25%-30% of GDP, Wells Fargo said.
All the news and information you need in Tuesday’s Opening Bell on Money & Markets.
Enter your username and password below