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“Are hurting. Washington says. Help is on the way says. Help is on the way way this money does people no this money does people no good.
If it shows in four. Good if it shows up in four. Mints mints this morning as. Us this morning as us.
Unemployment. Numbers explode unemployment numbers explode time is running out for time is running out for struggling americans desperate struggling americans desperate for federal aid for federal aid. Now the white house is pushing now the white house is pushing back on reports that relief back on reports that relief could take months saying while could take months saying. While paper checks may take.
Longer. Paper checks may take. Longer direct deposits will come direct deposits will come earlier than expected earlier than expected. I told you this would be i told you this would be three weeks three weeks.
I u2019m now committing to two weeks..
I u2019m now committing to two weeks we u2019re delivering on our we u2019re delivering on our commitments commitments. The rush to help comes as the rush to help comes as applications for unemployment applications for unemployment benefits skyrocketed to a record benefits skyrocketed to a record breaking. 66 million last week breaking 66. Million last week the most ever on record and the most ever on record and double the.
33 million claims double the 33. Million claims filed just the week before filed just the week before among those applying juanita among those applying juanita flores. And her fiancee gary. Who flores and her fiancee gary.
Who say their already tight say their already tight circumstances are just getting circumstances are just getting worse worse. We were already living we were already living paycheck to paycheck so it kept paycheck to paycheck so it kept snowballing snowballing reporter while financial aid reporter. While financial aid is on the way. Mainly companies is on the way.
Mainly companies are furloughing their workers are furloughing their workers at disney. All employees whose at disney. All employees whose jobs aren u2019t necessary at this jobs. Aren u2019t.
At this time. Time. At caesars in las vegas. 90 of at caesars in las vegas.
90 of its workforce. Its workforce for small businesses. Grant for small businesses. Grant applications are supposed to applications are supposed to start today.
But bangs say theyk start today. But bangs say theyk may not be ready any further may not be ready any further guidance on the program guidance on the program. This man who owns the charleston. This man who owns the charleston brewery needs the cash to brewery needs the cash to continue to pay his workers continue to pay his workers anything that can be done to anything that can be done to stop time on this and defer stop time on this and defer allows us more options relative.
Allows us more options relative to keeping people employed to keeping people employed. All this pain is swamping all this pain is swamping state unemployment offices state unemployment offices coast to coast coast to coast claims in california shot up claims in california shot up 370 370 in new. York where centers in. New york where centers typically.
50000 calls a typically. Get 50000 calls. A week they got. 83 million last.
Week they got. 83 million last week alone week alone centers in texas received. 17 centers in texas received 17. Million calls in a single day million calls in a single day in colorado.
The labor in colorado. The labor department is doubling its staff department is doubling its staff to keep up to keep up we are doing the best we can we are doing the best. We can reporter for college seniors reporter for college seniors preparing to graduate looking preparing to graduate looking for that first job is looking for that first job is looking bleak bleak am i going to be hired am i going to be hired anywhere anywhere i don u2019t know what my future i don u2019t know what my future looks like looks like reporter as for that small reporter as for that small business relief package. We u2019re business relief package.
We u2019re getting reports it u2019s been very getting reports. It u2019s been very chaotic. Chaotic major banks. Say they just got major banks.
They just got federal guidance. Last night. 30. Federal guidance last night 30 pages.
Pages. The biggest bank in the country. The biggest bank in the country says they may not be ready to says they may not be ready to start processing those loans start processing those loans starting today starting today also later this morning. We are also later this morning.
We are getting that march jobs report getting that march jobs report and it u2019s expected to show yet. And it u2019s expected to show yet another. Bleak outlook for the another. Bleak.
Outlook for the economy. And likely just the economy. And likely just the beginning of the economic damage beginning of the economic damage wreaked by coronavirus. ” .
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With record-shattering unemployment numbers, what is being done to help struggling families who ve lost their incomes? NBC business correspondent Jo Ling Kent reports for TODAY.
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With 6.6 Million Filing For Unemployment This Week, Fears Mount About Paying Bills TODAY
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