Obama to propose new unemployment insurance plan in budget


(Worthy News) – President Obama will include a new wage insurance scheme in his budget next month that would provide supplemental payments to workers who lose their jobs and end up taking new ones at lower salaries.

The wage insurance payments could temporarily cushion the financial blow to displaced middle-class workers, including those hurt by free trade, globalization and technological change.

The president’s budget proposal will also include new protections for others who lose their jobs and training plans to help them get back to work quickly. [ Source ]

19
people are currently praying.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Follow us on X

Latest Worthy News

Trump Urged To Raise Christian Persecution In China During Xi Talks
D66, PVV Tied In Dutch Election As Immigration And EU Divide Nation (Worthy News In-Depth)
France Unveils Modernized Submarine-Launched Nuclear Missile Amid Global Arms Race
Iran Shifts Nuclear Focus Underground as China Helps Rebuild Missile Arsenal Despite UN Sanctions
U.S. Strikes Another Suspected Narco-Terror Boat in Pacific, Killing Four
Trump, Xi Strike Trade Truce in South Korea: U.S. to Cut Tariffs, China to Resume Farm Buys and Crack Down on Fentanyl
Netanyahu Visits Joint Command Center Amid Renewed Ceasefire Enforcement and Strikes on Hamas
Israel Confirms Southern Lebanon Raid as U.S. Envoy Departs Beirut After Hezbollah Disarmament Talks
Bible Sales Surge 36% After Assassination of Christian Activist Charlie Kirk
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News