According to the UK's Office for National Statistics, the number of 16 to 24-year-olds in employment fell by 156,000 in the three months leading up to July.
States couldn't afford to pay their share of the new benefits, and the president's executive order excludes many of the country's 30 million unemployed people.
The Chancellor's £2 billion package is not going to save the economy, and will leave many young people with one of two crummy choices.
“You have to wait eight weeks to get payments, so people are fucked.”
"Relying on a social safety net with rent relief or universal healthcare – especially in this busted-ass country – is downright unfathomable."
The coronavirus pandemic means you need a stripped-down approach to your personal finances and any extra money you may be lucky enough to have.
Nearly half of drivers in the Tri-state area have requested help getting food since the coronavirus outbreak. "I have three days' worth of food left," one said.
As measures to slow the coronavirus pandemic lead to mass layoffs, people ages 18 to 34 are being disproportionately affected.
Economists who study unemployment expected the new figures to be a bloodbath – but they didn’t think they would be this bad.
The coronavirus has sparked an economic freefall. People who graduated a decade ago tell the class of 2020 what to expect.
The catastrophic new jobless numbers obliterated previous records.
It was an uneventful Thursday afternoon. Then I got a message from the head of HR.