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Despite improvements to the labor market since the start of the COVID-19 pandemic, the unemployment rate remains high, especially for non-white workers. Get the facts here.
Here's an overview of some of the programs that face impending deadlines or are set to expire soon.
https://www.pgpf.org/blog/2020/11/several-coronavirus-relief-programs-are-set-to-expire-soon
Beginning in mid-March 2020, the Federal Reserve initiated an aggressive policy of quantitative easing — which involves the purchase of government securities, corporate bonds, and other financial instruments — with the aim of keeping interest rates low and injecting cash into the economy.
Four analyses project a more rapid depletion of Social Security trust funds as a result of coronavirus, outpacing previous depletion projections. Get the details.
The CARES Act Provider Relief Fund aids hospitals and healthcare providers on the front lines of the coronavirus response. Learn how HHS has allocated funding.
https://www.pgpf.org/blog/2020/09/what-is-the-provider-relief-fund
Healthcare workers, providers, and hospitals have been on the front lines of the COVID-19 pandemic, but how has the U.S. government supported the sector? Find out more.
https://www.pgpf.org/blog/2020/10/how-much-has-coronavirus-relief-helped-healthcare-providers
The increase recorded in the July–September quarter represents a significant rebound in economic activity, but many are cautioning that the recovery is far from complete, and real GDP lags significantly behind pre-pandemic levels.
With less than a week to go before Election Day, the Financial Times and the Peter G. Peterson Foundation have wrapped up a year-long initiative to track voter sentiment on economic and fiscal issues for the twelve months leading up to the 2020 election.
Coronavirus aid programs were implemented to provide much needed support for small businesses, but how effective have they been? Read more in our analysis.
https://www.pgpf.org/blog/2020/10/how-did-the-fiscal-response-to-coronavirus-help-small-businesses
The outbreak of COVID-19 has become both a public health and an economic crisis. In particular, the closure of many businesses has resulted in an unprecedented surge in unemployment claims in the United States.