the President of the United States Donald trump is preparing to stop payments to the unemployed, appointed in the epidemic of the coronavirus and downs of the economy. This was stated by economic Advisor to the White house Larry Kudlow, writes the Financial Times.
According to him, the administration decided to abandon benefits since August as the economy recovered, and by that time there will be enough jobs.
the Package of measures adopted to support the economy in March, provided such payments once a week, and Congress, controlled by Democrats, sought to extend their term until the end of the year. However, the Senate refused to consider the bill.
currently, according to the U.S. Department of labor, the country remained without work for 21 million people. In may and recovered 2.5 million jobs and overall unemployment rate dropped to 13.3 percent. However, as pointed out by the head of the Federal reserve Bank (FRB) of Dallas Robert Caplan, unemployment among the black population of the United States in may fell to just 16.8 percent.
meanwhile, the study authors Bloomberg Economics came to the conclusion that the current high values of the index may persist for a long time. To cope with the problem, the authorities will have to develop a more flexible approach to support the economy.
