The May and June jobs comeback didn't solve double-digit unemployment - Business Insider

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The May and June jobs comeback didn't solve double-digit unemployment - Business Insider
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May and June's roaring jobs recovery still left the US with double-digit unemployment — and expanded benefits running out

that it may be replaced with a scale of roughly 70% of a jobless person's lost wages, cutting off 30% to 50% of the income for millions of unemployed.saying today that a new bill

is rolling out after the $600 bonus expires next week, with no clear timeline for when it will become law. The slow jobs recovery — and lingering uncertainty over spiking infections and potential new lockdowns — may also mean that many laid off due to the pandemic won't have a career to go back to.

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