Economy Is Bouncing Back, But Proposed Tax Hikes Could Stifle Growth

Newly Released Economic Data Show The Economy Is Experiencing Accelerated Growth, Potentially Signaling A Rebound From The Economic Downturn Caused By The Pandemic, But Critics Warn Proposed Tax Hikes Could Stifle That Growth.

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Chattanooga Residents Set To Receive New Unemployment Benefits

A Bill Signed By President Trump Will Give Unemployed Chattanoogans An Extra $300 Per Week, With Benefits Set To Expire In Eleven Weeks.

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Tennessee Waits For Guidance Before Distributing New Federal Unemployment Benefits

The Tennessee Department Of Labor And Workforce Development Is Required To Wait For Guidance From The U.S. Department Of Labor Before Implementing The New Federal Unemployment Benefit Program And Distributing Relief Funds To Tennesseans. However, It Is Unknown When That Guidance Will Be Released.

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Education Unions Demand More Money While Layoffs Escalate

Despite the record level of funding, by June, the U.S. Bureau of Labor Statistics (BLS) reported that 469,000 K-12 personnel, state-run colleges and universities laid off 176,000 professors and other employees. Private schools, including well-known colleges and universities and K-12 private schools, reported 457,000 layoffs.

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Tennessee’s Economic Recovery Triggers End To Federal Unemployment Benefit

Because of progress made lowering Tennessee’s unemployment rate, 3,000 Tennesseans receiving unemployment payments through the federal Extended Benefits program no longer will receive those funds beginning Nov. 7.

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