The signing of the CHIPS & Science Act today is a culmination of a long journey for TCF, where we have been calling for federal action to reinvest in US manufacturing since 2017. It started with a listening tour throughout the #manufacturing #heartland in 2017, where @TCFdotorg and allies like the @AFLCIO, @SVACommunity, and @Umfgalliance heard diverse voices calling for Washington to help them reignite #HighWageAmerica

Today’s UI report shows the critical role unemployment has played to dig us out of an economic hole. A quick thread on why claims that UI benefits are hindering employment or economic growth don’t hold up ⬇️ 1/ First, a quick update on claims. New claims fell for the 4th consecutive week last week to 606,000 new claims. State UI claims had a big drop to 505,000 (-107K NSA) and new PUA claims fell to 101,000 (-20K NSA). 2/

Montana's is backing out of 100% federal funded pandemic unemployment benefits. Here's a statement from me on it: "Montana's decision to pull the rug out from it's unemployed residents is shortsighted and cruel. I can guarantee that many Montanans now relying on unemployment benefits, especially Native American population with very high unemployment rates, won't find a suitable job

No relief in sight: millions continue to clog the #unemployment rolls, as the administration’s patchwork solution to unemployment, Lost Wages Assistance, is running dry. dol.gov/ui/data.pdf The number of #unemployment claims remains stubbornly high, as the total number of initial claims was at 1.45 million last week, including 860,000 for state UI and 660,000 million for PUA.

Here’s why it’s crazy to ask states to reprogram the #Savethe600 #PUC benefit, to a maximum of 70 percent of wages. A thread: nytimes.com/2020/07/26/us/… States got the $600/week out relatively quickly because it was a flat amount and they can run it on top of all others who are paid.

The Trump-Scalia Dept of Labor released new regulatory guidance for the new pandemic #unemployment assistance (PUA) program passed by Congress in the #CARESAct, and it’s criminally narrow. wdr.doleta.gov/directives/cor… While the program will cover #gigeconomy workers, it only extends to those who are “forced to suspend operations” because of #COVID19, leaving those who could still turn their apps on—even if they can’t find work—in a grey area.