Business > Economy

Jen Psaki says GOP-led states cutting federal unemployment benefits 'have every right' to do so

13 days ago   |   By Business Insider

Summary List Placement White House press secretary Jen Psaki said on Friday that Republican states have the right to cut federal unemployment benefits set to expire in three months.
"Those governors who have made the decision, as they have every right to do, to pull back on unemployment benefits or not accept them, I should say accurately - that hasn't even taken effect in any state across the country," she said at her daily press conference.
She went on: "It is important for people to understand, factually, that the president - no one from the administration - has ever proposed making...
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The GOP said enhanced unemployment benefits were stopping folks from taking jobs. The US saw sharp payroll growth last month anyway

The GOP said enhanced unemployment benefits were stopping folks from taking jobs. The US saw sharp payroll growth last month anyway

13 days ago   |   By Business Insider

Summary List Placement Republicans in 25 states are cutting enhanced unemployment benefits early under the argument that the additional measures discourage people from re-entering the workforce.
But the May jobs report released on Friday, which saw 559,000 payrolls added - a sharp increase from April - and a bigger-than-expected drop in the unemployment rate, suggests the labor-market recovery is accelerating just fine on its own.
After all, none of the GOP-backed enhanced-UI cuts have even gone into effect yet.
Calls from the GOP to cut enhanced UI grew louder after April's jobs report...
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Kim Jong Un told North Korea's government to 'get fully prepared for...

Kim Jong Un told North Korea's government to 'get fully prepared for confrontation' with the US

Summary List Placement North Korea's leader told his government to prepare for confrontation with the United States. Kim Jong Un addressed his government on Thursday, and the... Read more ...

The US House voted to repeal the 2002 Iraq War authorization

The US House voted to repeal the 2002 Iraq War authorization

Summary List Placement The House of Representatives on Thursday voted to repeal the 2002 Authorization for Use of Military Force in Iraq. The resolution passed 268-161. The... Read more ...

Bernie Sanders is drafting a $6 trillion infrastructure package, which...

Bernie Sanders is drafting a $6 trillion infrastructure package, which Senate Democrats are considering passing without the GOP

Summary List Placement Sen. Bernie Sanders, chair of the Senate Budget Committee, drafted a $6 trillion infrastructure package that Senate Democrats are considering approving... Read more ...

The Supreme Court unanimously rules in favor of Catholic charity in case...

The Supreme Court unanimously rules in favor of Catholic charity in case that pitted religious freedom against LGBTQ rights

Summary List Placement The US Supreme Court unanimously ruled on Thursday in favor of a Catholic child welfare organization in a case in which the charity declined to place... Read more ...

Andrew Yang muddies mayoral debate answer by saying mentally ill homeless...

Andrew Yang muddies mayoral debate answer by saying mentally ill homeless people have rights, 'but you know who else have rights? We do'

Summary List Placement Democratic New York City mayoral candidate Andrew Yang drew swift condemnation from critics over what they described as an insensitive remark at... Read more ...

Biden apologized for losing his temper when a CNN reporter pressed him on...

Biden apologized for losing his temper when a CNN reporter pressed him on Putin, saying he 'shouldn't have been such a wise guy'

Summary List Placement President Joe Biden on Wednesday expressed regret over losing his temper when CNN White House correspondent Kaitlan Collins pressed him on his meeting... Read more ...

Biden gifts Putin a crystal sculpture of an American bison and custom...

Biden gifts Putin a crystal sculpture of an American bison and custom aviators during their first face-to-face meeting at Geneva summit

Summary List Placement President Joe Biden on Wednesday gifted Russian President Vladimir Putin a crystal sculpture of an American bison and a pair of custom Aviators... Read more ...

Putin says 'there is no happiness in life' after his meeting with Biden

Putin says 'there is no happiness in life' after his meeting with Biden

Summary List Placement Russian President Vladimir Putin struck a dark tone during his lengthy, rambling press conference following nearly four hours of talks with President Joe... Read more ...

Latinas hardest hit by job loss as economy recovers

Latinas hardest hit by job loss as economy recovers

U.S. Latinas have left the workforce in droves as a result of the pandemic. That's according to a report by the UCLA Latino Policy and Politics Initiative, a Latino-focused... Read more ...

Fed signals two interest rate hikes by 2023 as inflation soars

Fed signals two interest rate hikes by 2023 as inflation soars

Federal Reserve officials on Wednesday held interest rates near zero but signaled two interest rate hikes by the end of 2023 as the economy rebounds and inflation soars... Read more ...