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Unemployment At 80-year High in USA

USA Unemployment

While the number of corona deaths in the world crossed the figure of 3.52 lakh, the US has become its epicenter, with 1,00,700 people losing their lives so far. Meanwhile, around 3.86 crore Americans have registered for unemployment allowances due to the Corona crisis. With this, unemployment in the US has reached a record high in last 80 years.

Talking about it, World Health Organization Director Kerissa Itin said that America will become the new Epicenter, and at present time there is no loosening of restrictions like lockdown in America. Especially at a time when the number of deaths from corona in Brazil and Latin American countries is increasing continuously. He also warned of prolonged bad conditions in Brazil.

Meanwhile, the unemployment rate in the US has reached a high of 14.7 percent. In order to deal with the situation and increase purchases in the market, the US Labor Ministry is giving a direct amount allowance to the unemployed account. The government has sought reports of such employees from companies who are not coming to job despite calling. Because the purpose of the allowance is to compensate for the loss of the job and not to depend on it.

Many countries have been forced to give allowance to the unemployed and temporary workers due to lack of work, due to Corona virus. Of these, France has given 84 per cent allowance to employees and 100 per cent allowance to common laborers. Spain has ordered full pay to all employees and allowances to temporary workers. The UK has approved the use of 80 per cent of government funds to pay employees, while the governments of Canada, Greece, Japan and Norway are also giving allowances to the unemployed and employees.

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