Fight Back! News

News and Views from the People's Struggle

Unemployment

By Masao Suzuki

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San José, CA – The $600 a week in additional unemployment insurance benefits is set to expire at the end of July. This aid is called the Federal Pandemic Unemployment Compensation or FPUC. More than 25 million people who are receiving regular state unemployment benefits, or the federal Pandemic Unemployment Assistance or PUA for the self-employed, will lose their FPUC benefit.

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By Masao Suzuki

San José, CA – In less than two weeks the Federal Pandemic Unemployment Compensation or FPUC, which provides an extra $600 a week to those who are unemployed because of the COVID-19 pandemic, will end. The FPUC was part of CARES act passed back in March as disaster relief as the pandemic began to ravage the U.S. economy.

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By Tom Burke

Michigan workers demand extension of unemployment benefits.

Lansing, MI – 120 union members and supporters marched through downtown Lansing, July 15, chanting, “They say cut back! We say fight back!” The march stopped at a union worker statue where Nick Eaton of IATSE Local 247 spoke, “This statue represents the workers who built the new buildings you see in front of you. It also reflects the history of factory workers before deindustrialization left ugly scenes and empty lots, like many cities in the Midwest.”

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By Masao Suzuki

COVID-19 infections and end to enhanced benefits to make a bad situation worse

San José, CA – On Thursday, July 9, the U.S. Department of Labor reported that the broadest measure of people on unemployment continued to climb. In the week ending June 20, the total number was 32.9 million, up by 1.4 million from a week earlier. This number includes those who are receiving the regular state unemployment insurance benefits, the growing number getting the Federal Pandemic Unemployment Assistance or PUA, the Federal Pandemic Emergency Unemployment Compensation or PEUC, and other smaller programs.

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By Tom Burke

Stagehands and gig workers demand extension of benefits for the unemployed.

Grand Rapids, MI – After a lively rally on June 24 with nearly 100 workers, the stagehands union IATSE is calling a new rally on the steps of the Michigan State Capitol for July 15. The stagehands and other gig workers are demanding the passage of the HEROES (Health and Economic Recovery Omnibus Emergency Solutions) Act by the U.S. Senate. July 25 is looming as the $600 per week unemployment boost that keeps people paying their bills is set to run out. Tensions are rising not just in Michigan, but also for stagehands from New York City to Hollywood, across the whole country.

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By Masao Suzuki

Trump administration still opposed to extending aid for unemployed

San José, CA – The latest report by the Labor Department on Thursday, July 2 indicated new claims for aid for unemployed showed no improvement for the third week in a row. While new claims for the regular state unemployment insurance benefits did fall by 50,000 from last week’s report, to 1.43 million, new claims for the Federal Pandemic Unemployment Assistance or PUA actually rose by 110,000 from last week’s report, to 840,000. Taken together, new claims for the two main programs to aid the unemployed totaled 2.27 million for the week ending June 27, slighting more than the previous week and the same as two weeks ago.

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By Tom Burke

Michigan stagehands to rally June 24 for unemployment extension

Grand Rapids, MI – Union stagehands and gig workers are rallying to extend unemployment at the Michigan State Capitol in Lansing on June 24 at 10 a.m.

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By Masao Suzuki

Unemployment insurance claims stop falling

San José, CA – In six weeks, tens of millions of unemployed people face the end of the additional $600 a week in unemployment insurance benefits. This additional benefit that helps low income workers the most is set to expire due to its being opposed by the Republican-controlled Senate. These same workers were hardest hit by the pandemic recession, and many face the prospect of their jobs not coming back. This is just another example of how the economic relief has helped large corporations, which can aided by the Federal Reserve, while low-income workers are subject to punishment by republicans who see the aid as discouraging people from returning to work.

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By Masao Suzuki

San José, CA – On Thursday, June 11, reality finally caught up with Wall Street. For weeks there was a huge gap between the economy, where millions upon millions of people had lost their jobs and livelihood, and the soaring stock market which had turned positive for the year. But today reality seems to have sunk in, sending the headline Dow Jones Industrial Average down more than 1800 points, or almost 7%. The broad S&P 500 index fell almost 6%, and the technology-heavy NASDAQ fell more than 5%. Stock market from Asia to Europe also fell.

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By Masao Suzuki

San José, CA – Corporate-owned media is blaring that the unemployment rate unexpectedly fell in May to 13.3%, from 14.7% in April. This was far better than even the most optimistic economist expected and even led to at least one to declare that “the recession is over.” Well, when something is too good to be true, it usually isn’t true.

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