{"id":15262,"date":"2020-06-25T20:57:00","date_gmt":"2020-06-25T17:57:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/strong-june-jobs-report-could-kill-new-coronavirus-stimulus-checks\/"},"modified":"2020-06-25T20:57:00","modified_gmt":"2020-06-25T17:57:00","slug":"strong-june-jobs-report-could-kill-new-coronavirus-stimulus-checks","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/strong-june-jobs-report-could-kill-new-coronavirus-stimulus-checks\/","title":{"rendered":"#Strong June jobs report could kill new coronavirus stimulus checks"},"content":{"rendered":"

“#Strong June jobs report could kill new coronavirus stimulus checks<\/strong>”<\/p>\n

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June 25, 2020 |<\/span> 1:57pm <\/p>\n

\n Enlarge Image<\/p>\n

\"A<\/img>
\n A barber shop in Chicago shows a help wanted sign.<\/span>
\n Nam Y. Huh\/AP<\/span><\/p><\/div>\n

\n A second round of coronavirus relief for Americans impacted by the pandemic will hinge on next week\u2019s jobs report and early signs of an economic recovery, according to a new report.<\/p>\n

An unexpectedly large number of jobs were added to the economy last month when the US Department of Labor announced the country gained 2.5 million jobs in May \u2014 pushing the unemployment rate down to 13.3 percent from a high of 14.7 percent.<\/p>\n

If that recovery continues in next week\u2019s June report then Congress could choose to nix a second wave of stimulus checks and extending increased unemployment benefits which are due to expire at the end of July, according to a report by The Hill.<\/p>\n

\u201cThey don\u2019t see the market crashing, they see a better-than-expected jobs report last month, and so their focus is very much targeted [around a] back-to-work narrative,\u201d Ben Koltun, a senior research analyst at Washington\u2019s Beacon Policy Advisors, told the publication.<\/p>\n

\u201cIf there\u2019s a bad jobs report \u2014 and when you see more people out of work than last month \u2014 then there may be an impetus by more Republicans in the conference to provide broader support and more stimulus spending than they\u2019re talking about right now,\u201d he added.<\/p>\n

\"A<\/img>
A help wanted sign outside of Illinois Air Team Test Station in Lincolnshire, Illinois.<\/span>AP<\/span><\/figcaption><\/figure>\n

A staggering 47.2 million people have filed unemployment claims in the US in the past 14 weeks with the COVID-19 pandemic forcing large swaths of the economy to shutter.<\/p>\n

Lawmakers moved quickly to pass trillions of dollars worth of economic relief, including federal unemployment benefits of $600 per week and stimulus checks of up to $1,200 amid the financial fallout.<\/p>\n

While Democrats have been pushing for another round of aid, Republicans have signaled their opposition to more direct payments. A strong June jobs report is expected to dampen bipartisan enthusiasm for another bill.<\/p>\n

However, President Trump this week said he supported a second round of \u201cvery generous\u201d financial aid for Americans reeling from the financial fallout of the pandemic.<\/p>\n

\"A<\/img>
A help wanted sign is posted outside Cyr Lumber in Windham, New Hampshire.<\/span>AP<\/span><\/figcaption><\/figure>\n

\u201cWe will be doing another stimulus package, it will be very good, very generous,\u201d Trump told Scripps Networks on Monday, revealing the bipartisan measure would probably come \u201cover the next couple of weeks.\u201d\n <\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n

Source<\/a><\/span><\/p>\n

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“#Strong June jobs report could kill new coronavirus stimulus checks” June 25, 2020 | 1:57pm Enlarge Image A barber shop in Chicago shows a help wanted sign. Nam Y. Huh\/AP A second round of coronavirus relief for Americans impacted by the pandemic will hinge on next week\u2019s jobs report and early signs of an economic…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[27654],"class_list":["post-15262","post","type-post","status-publish","format-standard","hentry","category-general","tag-strong-june-jobs-report-could-kill-new-coronavirus-stimulus-checks"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/15262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=15262"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/15262\/revisions"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=15262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=15262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=15262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}