12/4/2020

COVID-19/JOBS: “This is a grim jobs report [released Dec. 4, 2020]. It shows an economy that is stalling. It confirms we remain in the midst of one of the worst economic and jobs crises in modern history.

Millions of people have lost their jobs or had their hours slashed. They’ve lost their health insurance or are in risk of losing it. One in six renters are behind rent. One in four small businesses can’t keep their doors open. An ongoing gap in Black and Latino unemployment remains too large… Over the last three months, 2.3 million more people are in long-term unemployment, by far the largest increase on record.

This dire jobs report is a snapshot from mid-November, before the surge in COVID cases and deaths in December as we head into a dark winter.”

-Joe Biden, “Statement by President-elect Joe Biden on the November Jobs Report and Continuing Economic Crisis,” buildbackbetter.gov, Dec. 4, 2020