A record number of U.S. workers seek unemployment benefits

first_img Share this article and your comments with peers on social media Associated Press More than 6.6 million Americans applied for unemployment benefits last week — doubling a record high set just one week earlier — a sign that layoffs are accelerating in the midst of the coronavirus.The stunning report Thursday from the Labor Department showed that job cuts are mounting against the backdrop of economies in the United States and abroad that have almost certainly sunk into a severe recession as businesses close across the world. Keywords Employment Extended job relief to cost Ottawa an extra $5 billion: PBO High Angle View Of Businesswoman Packing Personal Belonging In Box 123RF Waiting period temporarily waived for EI benefits Facebook LinkedIn Twitter Related news The figure for last week is much higher than the previous record of 3.3 million reported for the previous week. The surging layoffs have led many economists to envision as many as 20 million lost jobs by the end of April. The unemployment rate could spike to as high as 15% this month, above the previous record of 10.8% set during a deep recession in 1982.Many employers are slashing their payrolls to try to stay afloat because their revenue has collapsed, especially at restaurants, hotels, gyms, movie theatres and other venues that depend on face-to-face interaction. Auto sales have sunk, and factories have closed.Stay-at-home orders, imposed by most U.S. states, have intensified pressure on businesses, most of which face rent, loans and other bills that must be paid.Congress significantly expanded the unemployment benefits system in last week’s $2.2-trillion economic rescue package. That legislation added $600 a week in jobless aid, on top of what recipients receive from their states. This will enable many lower-income workers to manage their expenses and even increase their purchasing power and support the economy.It also makes many more people eligible for jobless aid, including the self-employed, contractors and so-called “gig economy” workers such as Uber and Lyft drivers.Kathryn Lickteig, a cook in Kansas City, signed up for unemployment compensation last week after the city shut down dine-in restaurants. She is hopeful that the extra $600 will help her ride out the shutdown instead of having to look for an interim job.“It has eased my mind so much,” she said. “I do not have to actively go out and expose myself to the public and possibly get sick. I can stay home now and do my part in social distancing.”The legislation will also help fund unemployment benefits for workers whose hours have been cut. That would enable these people to replace some of their lost income with unemployment aid even as they keep their jobs.About 26 states allow workers with reduced hours to claim benefits. Most economists support doing so because it encourages companies to cut back on hours rather than lay off workers. Any program that encourages companies to maintain connections with their workers can help the economy rebound faster after the virus outbreak is contained.Typically, people who receive jobless aid are required to actively look for a new job and to document their searches. But Congress has passed other legislation that encourages states to drop that requirement, given that so many businesses are closed, and most Americans have been ordered to stay mostly at home.Mark Zandi, chief economist at Moody’s Analytics, said this week that just 6% of companies surveyed by Moody’s say they’re hiring — down dramatically from 40% in the weeks preceding the coronavirus outbreak. The plunge in hiring underscores the difficulty that anyone out of work would have finding a new job.On Friday, the government will issue the March jobs report, which economists forecast will show a loss of 145,000 jobs. That report is based on data gathered mostly before the spike in layoffs began two weeks ago. Though relatively small, that loss would still end a record-long 113-month streak of job growth.Numerous state unemployment agencies have struggled to keep up with the flood of applications for jobless benefits. New York’s Labor Department asks people to file on different days depending on their last names. Monday, for example, is reserved for those last names that start with A through F. Covid-19 misery shows in record Ontario job losseslast_img read more

Gov’t Invest $4 Billion in Rural Water Projects

first_imgRelatedMinistry Welcomes New Pipes to Reduce Water Loss Related35 in Duanvale Get Land Title RelatedPickersgill Turns On Water System in Treadways FacebookTwitterWhatsAppEmail Some 26 water projects are slated for implementation by Rural Water Supply Limited (RWSL) over the next three years, at a cost of approximately $4 billion.The works will be carried out in rural communities across the island under the Major Rural Water Supply Upgrading Programme.Water, Land, Environment, and Climate Change Minister, Hon. Robert Pickersgill, who made the announcement on Friday (June 21), said an additional 250,000 residents will benefit from the developments, which will increase access to potable water to rural residents by approximately 21 per cent.The Minister, who was speaking at the commissioning of phase two of the John Groyne water system at York Street in Treadways, St. Catherine, informed that work has begun on four of the developments, which will serve the communities of Cascade, Claremont, and Jericho in Hanover; and Nonpariel and Orange Hill, Westmoreland.He said that work is set to commence soon on the Mason River water supply system in Clarendon, and the Burnt Savannah/Knoxwood system in St. Elizabeth.Meanwhile, the Minister disclosed that RWSL is set to undertake upgrading and remedial works on several other systems, which will serve some 26,000 residents, at a cost of just over $60 million, during the 2013/14 fiscal year.These, Mr. Pickersgill informed, include facilities serving the communities of Top Leinster/Devon Pen, and Seaton in St. Mary; Top Hill, Windsor Heights, and Troja/Lassie Spring, St. Catherine; Grant Hill and Kelly Spring, St. Andrew; and Smithville and Union, Clarendon.Additionally, he said, minor water supply systems serving several communities in Hanover and St. Thomas are slated for upgrading and remedial works.He further advised that designs for other projects are currently being developed, with funding to be provided under the National Water Commission’s (NWC) K-Factor Project, “for early implementation.”RWSL Board Director, Bishop Omar Oliphant, pointed out that some $75 million was spent during the 2012/13 fiscal year to rehabilitate minor water systems in rural communities, resulting in improved water supplies for over 28,000 residents in St. Ann, St. James, Clarendon, Westmoreland, St. Mary, and St. Catherine.NWC President, Albert Gordon, who also spoke at the commissioning ceremony, pointed out that the agency has partnered with RWSL to undertake a range of projects. He said based on plans developed by the Ministry, “we intend for all Jamaicans to have access to safe drinking water.”Some 3,500 residents of the community of York Street and adjoining areas, now have access to potable water following the completion of phase two of the John Groyne system at a cost of $13 million.The project, undertaken by RWSL, an agency of the Ministry, entailed the installation of pipelines to channel water to York Street, Palms Crossing, Bermaddy, Palms, Mingle Lane, Farm Yard, and Red Pond Lane. It also saw the installation of two chlorination facilities at Dawkins Bush.Completion of the second phase comes two years after the first segment was concluded at a cost of $9.6 million. By Douglas Mcintosh, JIS Reporter Gov’t Invest $4 Billion in Rural Water Projects EnvironmentJune 24, 2013Written by: Douglas McIntosh Advertisementslast_img read more

To stay calm in any situation…Very few can do this.

first_imgTo stay calm in any situation…Very few can do this.!”Sacrificing materialistic happiness for your values…..very few can do this.We are not worshipping Rama because he is a super success, he is a super failure but “within himself, he is who he is”, no one can take away his character.! If one of these incidents that are happened in Rama’s life, happened to some of us, we would all be cracked up in our minds.A recap to journey of his problems.Sita sacrificed her all materialistic life, luxuries even when she had lived a life of princess earlier.Rama’s life is a disaster, a continuous disaster, born as a Prince, married princess Sita, soon after the marriage some political stuff happened in the kingdom and Rama – Sita ends up in the jungle, A young and rich couple living in a jungle is not a romantic affair, it is a tough life, Knowing that it is tough, his brother also follows him to assist them. then, as if it was not enough, his wife Sita gets kidnapped by Sri Lankan King Ravana. Because of his love for Sita, he walked all the way from Ayodhya to Sri Lanka not knowing whether she is alive or dead. He walked all the way and builds up a tunnel army and goes across the ocean and fights a war which he is not interested in, burns down a beautiful kingdom, kills many people and gets back his wife and goes home.Now his wife is pregnant and he suffers very uncharitable comments about his wife from everybody around and once again there occurs a political situation and he sends his fully pregnant wife to the jungle. She delivers two boys Lava-Kusa and Rama is not aware about his children and then he gets into a battle with his own children if at all it can be a true disaster in anyone’s life, knowingly or unknowingly you kill your own children. It almost happened to Rama, he almost killed his children and somehow by some power, he doesn’t kill his children and after knowing all these, Sita dies without seeing Rama ever again.!!Is this a successful life..? No, but we worship him..!!Why do we worship a failure life like Rama’s?We worship him because, no matter what disaster happens, Rama did not become angry, hateful, he did not lose his balance, he did not give up any of the values and ethics with which he lived, Rama’s life is a series of disaster but he is unshattered , unshaken, .!He’s is a true inspiration for several souls!last_img read more