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.
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New tariffs set on 14 trading partnersSpeed Read A new slate of tariffs will begin August 1 on imports from Japan, South Korea, Thailand and more
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New tariffs set on 14 trading partners
Speed Read A new slate of tariffs will begin on August 1, with rates ranging from 25% to 40% on imports from Japan, South Korea, Thailand and more
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Elon Musk launching 'America Party'Speed Read The tech mogul promised to form a new political party if Trump's megabill passed Congress
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Judge blocks Trump's asylum ban at US borderSpeed Read The president violated federal law by shutting down the US-Mexico border to asylum seekers, said the ruling
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Thai court suspends prime minister over leaked callSpeed Read Prime Minister Paetongtarn Shinawatra has been suspended, pending an ethics investigation
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Senate passes GOP megabill after Alaska side dealThe pivotal yes vote came from Sen. Lisa Murkowski, whose support was secured following negotiated side deals for her home state Alaska
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Trump sues LA over immigration policiesSpeed Read He is suing over the city's sanctuary law, claiming it prevents local law enforcement from cooperating with federal immigration authorities
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Obama, Bush and Bono eulogize USAID on final daySpeed Read The US Agency for International Development, a humanitarian organization, has been gutted by the Trump administration
