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
SEIU President Mary Kay Henry talked to Cheddar about how the Strike for Black Lives will fight for the causes of racial and economic justice simultaneously.
Teams of military medics were deployed in Texas and California to help hospitals deluged by coronavirus patients. Miami area authorities, meanwhile, began stepping up enforcement Friday of a mask requirement.
The ruse discovered Wednesday included bogus tweets from Barack Obama, Joe Biden, Mike Bloomberg and a number of tech billionaires.
Target and CVS Health have joined the list of the nation’s largest retailers that will require customers to wear masks as cases of COVID-19 spike.
The politicization of school reopenings by Trump has scared off teachers who before were "overwhelmingly" in support of heading back in the fall, Randi Weingarten told Cheddar.
Jamaal Bowman appeared to topple Rep. Eliot Engel, a 16-term incumbent, for the Democratic nomination in the 16th Congressional district, though Engel is now suing to challenge the validity of mail-in ballots.
Mayor Muriel Bowser weighs in on the Washington Redskins name change after the organization faced opposition from sponsors and advertisers.
The three nations alleged Thursday that hacking group APT29, also known as Cozy Bear and believed to be part of the Russian intelligence service, is attacking academic and pharmaceutical coronavirus research institutions involved in vaccine development.
Advertising agencies are expressing concerns about the potential for TikTok to share user data with its Chinese parent company, ByteDance — something the social media platform flatly denies is happening.
The number of laid-off workers seeking unemployment benefits remained stuck at 1.3 million last week, an historically high level that indicates many companies are still cutting jobs as the viral outbreak intensifies.
