The Best Time to Plant a Tree: The State of Unemployment Benefits in the US
The benefits provided to unemployed workers shielded the market and consumer-confidence levels from the worst of the damage, but there are some estimates that as many of half of the jobs lost in the pandemic may be permanently lost. That’s about 10 million lost jobs, if that estimate holds true.
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The Quiet Surface of Congress
As a reminder, the $600 additional federal unemployment provisions are set to expire next week. I think we can safely assert, that no matter how robust the employment recovery is, that it is utterly impossible for the employment picture to magically revert to where we were in January 2020. Thus, there...
Webinar: Attention Defined Benefit Sponsors. What Now? What's Next?