December 26 is going to be a very harsh day for millions of Americans. After celebrating Christmas many of them they are going to lose the economic lifeline of Pandemic unemployment assistance, which could lead to millions of them becoming homeless. While the stock markets make new highs, this does nothing for the people who have lost their jobs and can’t make next month’s rent or mortgage payment.
13.65 million people are being helped
In last week’s unemployment claims report the number of people on regular state unemployment benefits fell from 6.45 million to 6.04 million, a drop of 414,000. However, Gregory Daco, Oxford Economics Chief Economist,