It used to be that being a federal employee was seen as stable and secure work that could easily get you a loan, etc. Now banks may want to look at that differently knowing a future client might be temporarily unemployed. rolleyes.
International Level: Specialist / Political Participation: 41 4.1%
I feel sorry for the workers who are suffering because parties want to puff their chest. How far will all of this go until they simply stop!
International Level: New Activist / Political Participation: 15 1.5%
President Trump calls for 'big, bold' economic stimulus package for coronavirus, including sending checks to Americans. President Donald Trump and Treasury Secretary Steve Mnuchin told a news conference they are exploring with lawmakers the idea of sending checks to Americans "Immediately" to help them manage through the economic impact of coronavirus disruptions. Ref. USAToday.
President Trump signs the largest emergency aid bill in US history, directing $2 trillion to fight the economic impacts of coronavirus. Trump signed the bipartisan measure just hours after the House of Representatives passed the bill, which will provide $1,200 checks to qualified Americans, financial relief to small businesses and industries, plus money for equipment and supplies needed to address the pandemic. Ref. USAToday.
GDP fell 4.8% in the first quarter as the coronavirus batters the economy. It's the value of all goods and services produced in the US. Economists surveyed by Bloomberg had estimated gross domestic product declined at a 3.8% annual rate. Ref. USAToday.