WASHINGTON, D.C. – U.S. Sen. Tim Kaine is offering a bill that would pump $15 billion into workforce training and career development services for those who have lost their jobs as a result of the coronavirus pandemic. Kaine says many of those workers may not have jobs to return to once the outbreak has ended.
Kaine says with 33 million Americans filing for unemployment, many are wondering whether they’ll have jobs to go back to. Some will not and he says the bill is designed to provide a safety net for those who need to retrain for other employment.
The U.S. government is poised to report the worst set of job numbers since record-keeping began in 1948, a snapshot of the devastating damage the coronavirus outbreak has inflicted on the economy. The unemployment rate could reach 16% or more. Twenty-one million jobs may have been lost in April.
If so, it would mean that nearly all the job growth in the 11 years since the Great Recession ended had vanished in one month.