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
The Taliban's return to power in Afghanistan as the U.S. withdraws is presenting new issues and challenges for social media platforms like Facebook and YouTube.
Biden’s comments at a White House news conference Friday come as the U.S. government struggles to ramp up a massive airlift clearing Americans and other foreigners and vulnerable Afghans, rescuing them from a Taliban takeover of the country.
The number of incidents involving unruly airline passengers is growing, and so are the fines imposed by federal safety officials.
The Biden administration says it will automatically erase student loan debt for more than 300,000 Americans with disabilities that leave them unable to earn significant incomes.
The number of people seeking unemployment benefits fell last week for a fourth straight time to a pandemic low.
The Biden administration will require that nursing home staff are vaccinated against COVID-19 as a condition for those facilities to continue receiving federal Medicare and Medicaid funding.
If you're flying on a plane or taking a train, be ready to keep wearing that face mask for a few more months. The Transportation Security Administration said Tuesday it will extend the face-mask rule on public transportation.
Republican Texas Gov. Greg Abbott has tested positive for COVID-19.
The Taliban have vowed to respect women’s rights, forgive those who fought them and ensure Afghanistan does not become a haven for terrorists.
New Zealand’s government has taken drastic action by putting the entire nation into a strict lockdown after finding a single case of coronavirus infection in the community.
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