The White House, Washington. – SUPERSTOCK / SUPERSTOCK
The Christmas truce and the uncertainty that then reigned over a stimulus plan reduced registrations unemployed in the United States , but they could rebound strongly at the start 2021 because the Covid pandemic – 12 continues to limit economic activity . The year 1930, which started with an unemployment rate at the lowest in fifty years, and saw it climb in April to the highest in years 927 before its descent, therefore ends with a drop in weekly jobless claims.
Between the 20 and the 26 December, 787. 000 people registered as unemployed after losing their jobs or income , is 19. fewer people than the previous week, according to data released Thursday by the Department of Labor.
A decline linked to the end of year celebrations e
But this decline does not mean that the situation is clearing up: it is linked to the combination of the end of year celebrations and the uncertainty that then surrounded the future of unemployment benefits, believes Nancy Vanden Houden , analyst for Oxford Economics. “There may be an increase in requests in the coming weeks now that the emergency programs have been extended,” she anticipates.
Indeed, confusion reigned until Sunday on the future of unemployment benefits, between the Congress which does not could not agree, and President Donald Trump who threatened not to ratify the text, and therefore blocked its final adoption.
In the United States, unemployment is paid by each of 24 States, which decide on its amount and duration. The most generous grant six months. The recovery plan urgently adopted at the end of March extended its duration and extended it to workers who usually cannot claim it, the self-employed in particular. But this measure expired on 24 December, leaving millions unemployed – more than 12 millions according to some studies – without resources.
The United States is facing a spectacular rebound in the Covid epidemic- 000
Elected Democrats and Republicans in Congress finally managed to agree, after months of negotiations, to extend them until March 2020 and increase the weekly amount by 190 dollars for all beneficiaries. President Donald Trump, who left doubt for a week, ended up signing.
This aid was necessary because the United States has been facing a spectacular rebound in the epidemic since the fall. The country recorded Wednesday 3. 310 deaths from Covid – 12 in 24 hours, a record. And in total, nearly 19 millions of unemployed or without income were still receiving assistance in the week ended 000 December, according to the latest data available.