The U.S. lost a stunning 22 million jobs in March and April at the beginning of the coronavirus pandemic, with only about half of those numbers returning in the following seven months. With weekly jobless claims remaining high, voters might want to know more about what former Vice President Joe Biden and President Donald Trump intend to do on the issue of labor.

Biden has pledged to do whatever it takes to help jobs recover through direct stimulus payments. His plan includes funding for state and local governments to keep essential workers on their payrolls and federal payouts to supplement state unemployment checks.

Meanwhile, Trump favors tax cuts and deregulation to stimulate the economy but concedes that another infusion of cash stimulus is likely needed. The president also extended federal unemployment benefits for six weeks after they were set to expire in July but at a lower rate of $300 a week, half the amount of the earlier benefit.

Both candidates support tax incentives for manufacturers to keep jobs at home. Biden even proposes tax penalties for those businesses that ship manufacturing jobs overseas with the intention of selling finished products back into the U.S. 

Whoever wins the election in November faces a daunting task, with millions still out of work, consumer spending slowing down, and a resurgence in coronavirus cases adding to the economic woes.

Read More on Trump and Biden's Plans:

Trump vs. Biden on Raising the Federal Minimum Wage

Biden vs. Trump on Student Loans and Higher Education

Share:
More In Politics
State Department Issues First Gender-Neutral Passport
The past decade or so has been a has seen massive change-- usually good-- for the LGBTQ+ community. Same-sex marriage has seen broader acceptance, and there's been increased conversation about the reality of gender identity. Now, folks who don't identify as male or female can travel while staying true to their more authentic self. The Biden administration has issued the first passport with a gender-neutral designation "X." the passport was issued to Dana Zzyym, an intersex activist from Colorado, after a long legal battle with the state department in which Zzyym argued they shouldn't be required to lie about their identity on their passport. Advocates for such changes have applauded the move, saying it will allow people who don't identify as male or female to travel the globe in a more safe and visible way. Paul Castillo, counsel at Lambda Legal and Zzyym's attorney in this case, joins None of the Above to discuss.
Biden Administration Vows To Support Veteran 'Burn Pit' Victims With Better Health Care
The Biden Administration has announced its latest plans to support veterans who had been exposed to toxic chemicals from burn pits. According to several veterans who served in Iraq and Afghanistan, a number of them were exposed to hour-long periods of burn pits. As a result, many of them say they have suffered from severe life-long side effects. Co-founder at Burn Pits 360 Le Roy Torres, joined Cheddar to discuss more.
Starbucks Employees in Buffalo, NY Vote to Unionize
Ballots have been sent to workers at three different Starbucks locations in Buffalo, NY to decide whether they will unionize for the first time ever. Wilma Liebman, former Chair of the National Labor Relations Board and Michelle Eisen from the Starbucks Workers United Organization, which is behind this vote, joined Cheddar to discuss.
VF Corp Commits to Achieving Zero Waste by Year-End
The parent company of North Face, Vans and Supreme, VF Corp, released its fourth annual "Made for Change" sustainability and responsibility report. It details the company's ongoing efforts to tackle social and climate related issues. This comes as climate experts continue to warn about the dangers of fast fashion and its impact on global CO2 emissions. Sean Cady, Vice President of Global Sustainability, Responsibility and Trade at VF Corporation, joins Cheddar News to discuss.
Meta to Block Ad-Targeting Based on Race, Religion
Meta, the parent company of Facebook, turned heads on Tuesday when it announced it will block some ad-targeting, specifically those of a political and religious nature. This is one of the most direct moves the company has made in order to minimize ad-targeting by advertisers on its platforms. Hastie Afkhami, Head of Digital at S-3 Group, joins Cheddar News to discuss the impact of this move.
Load More