With Unemployment On The Rise, How Will The $2.2T Bill Bring Relief? | KALW

With Unemployment On The Rise, How Will The $2.2T Bill Bring Relief?

Mar 31, 2020


 

On this edition of Your Call, we’ll take your questions about the $2.2 trillion stimulus package.

The US Department of Labor says unemployment claims are expected to surge, after a record 3.3 million people filed claims. How will the bill help small businesses, those who’ve lost their jobs, and provide income to those who can’t work due to the coronavirus? If you qualify, officials say you should receive financial relief in about three weeks. 

Guests: 

Dr. Sylvia Allegretto, labor economist and co-chair of the Center on Wage and Employment Dynamics at UC Berkeley

 

Robert Reich, professor of public policy at UC Berkeley, former Labor Secretary during the Clinton administration, and author of 12 books, including The System: Who Rigged It, How We Fix It

 

Web Resources:

 

File for unemployment in California

 

CNBC: Coronavirus job losses could total 47 million, unemployment rate may hit 32%, Fed estimates

 

Vox: State data indicates we’re headed for another record unemployment week

 

NY Times: ‘We Have Lost It All’: The Shock Felt by Millions of Unemployed Americans

 

Fortune: Unemployment benefits in the coronavirus stimulus package: 5 things you need to know

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