President Obama proposed a plan Saturday that would provide wage insurance to unemployed workers who take new jobs with lower pay, The Hill reports.
"It's a way to give families some stability and encourage folks to rejoin the workforce — because we shouldn't just be talking about unemployment; we should be talking about reemployment," Obama said in his weekly address.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Harris rules out run for California governorSpeed Read The 2024 Democratic presidential nominee ended months of speculation about her plans for the contest
-
Trump sets new tariff rates as deadline nearsSpeed Read New tariff rates for South Korea, Brazil and India announced
-
Ghislaine Maxwell: angling for a Trump pardonTalking Point Convicted sex trafficker's testimony could shed new light on president's links to Jeffrey Epstein
-
Senate confirms Trump loyalist Bove to top courtSpeed Read The president's former criminal defense lawyer was narrowly approved to earn a lifetime seat
-
Ghislaine Maxwell offers testimony for immunitySpeed Read The convicted sex trafficker offered to testify to Congress about her relationship with late boyfriend Jeffrey Epstein
-
Judge halts GOP defunding of Planned ParenthoodSpeed Read The Trump administration can't withhold Medicaid funds from Planned Parenthood, said the ruling
-
Trump contradicts Israel, says 'starvation' in GazaSpeed Read The president suggests Israel could be doing more to alleviate the suffering of Palestinians
-
Trump executive order targets homelessSpeed Read It will now be easier for states and cities to remove homeless people from the streets
