Why Did Some U.S. States Stop Unemployment Benefits Early?

Unemployment benefits were given to people who were suffered during the Covid-19 pandemic and were out of jobs. Now you are asking why some states in the United States stop unemployment benefits early. Well, off the top of my head, it was stopped because the pandemic by the grace of the universe is over. It …

Federal Minimum Wage Update

Minimum Wage Rate Definition  This is basic economics. The minimum wage rate means the least amount of pay which someone can get for their services. This is also publicly known as their pay floor. The FLSA or Fair Labor Standards Act determines the minimum wage rate, which public sectors and private sectors would use. For …

Changes Announced for the U.S. Minimum Wage

The entire nation fought and pushed for a fifteen dollars minimum wage which notched a serious win through our brand new president’s victory. It is not clear if his administration would pass brand new federal minimum wages.  On a local level, half of the United States would raise their minimum wage in the year 2021.  …

Will the U.S. Economy Recover Since COVID?

COVID-19 what is it? No, tell me, what do you want from me? I am sick and tired of seeing you practically everywhere and everyplace. This afternoon I read on the news that you are coming back for round two with the world. Now here I am writing another piece about you. Wouldn’t you let …

The Long-Term Economic Impact of COVID-19 on the U.S. Economy

The Covid-19 pandemic has been devastating in many ways. The economy suffered, the social nature of humans has suffered, and most importantly numerous lives have been lost. The pandemic is making people ask scary questions. Will the coronavirus change everything we know? Well, the answer is yes and no. It’s already changed how we work …

Current Unemployment Statistics in the U.S.

The Covid-19 pandemic has had a devastating impact on the U.S economy with unemployment rates rising to 14.9 percent in April. Almost 16 million people were unemployed. This is almost four times the amount of people who were unemployed in March. Fortunately, the numbers have been dropping as businesses are reopening and lockdown restrictions are …