Pandemic: Unemployment, has it gone down?
October 16, 2020
Since the beginning of this pandemic everyone was already in fears of losing their jobs due to how fast Covid has spread. So why would it matter so much if employers lost their jobs during this time? Easy they lose their benefits and they lose their money, no meany equals no survival for them so they are required to rely on benefits meaning checks that cost about $600 a month and that is how much someone who gets paid $14 an hour earns in a month. Here is how other sites put it which was pretty much correct, If you did not graduate high school you are at a higher risk of losing your job.
If you have a high school diploma you are at somewhat at a risk of losing your job, anyone with some college education is already in some safe zone because those are the type of employees companies wanted during this pandemic. Those who are of a hispanic descent were at a very high risk of losing their jobs, foreigners were behind hispanics in losing their jobs, and if you were white you were probably in a safe zone as well.
This Covid unemployment crisis was highly compared to the 2008 great recession, due to high rapidly Covid wiped out many employers this pandemic is in first place beating the great recession in numbers within months. “Unemployment rose higher in three months of COVID-19 than it did in two years of the Great Recession. The COVID-19 outbreak and the economic downturn it engendered swelled the ranks of unemployed Americans by more than 14 million, from 6.2 million in February to 20.5 million in May 2020.”
Let’s talk politics, republicans do not agree with the benefits claiming “its too much” when in reality for adults it’s just right, it pays the bills and it gets families fed. Something is better than nothing right? Due to the severity of the virus people wanted to be laid off, were unknowingly laid off, and 36 million people have been laid off, while others are still waiting for their benefits.