Politics & Policies

COVID and the Paycheck Protection Program (PPP) in US – Is it working ?

  • This week Congress approved $310 billion above the initial $349 billion Paycheck Protection Program (PPP), but it is not achieving its objective of stopping job losses.
  • Paycheck guarantees would ensure American employer-employee links are preserved and employees can seamlessly return to their productive tasks as the economy recovers and demand picks up.
  • Unless the Congress takes immediate, direct, and vastly expanded action to encourage businesses to retain their employees, we may lose an entire generation of the most promising ideas.

Chosen excerpts by Job Market Monitor. Read the whole story @ The PPP isn’t working. Here’s a better idea: Paycheck guarantees

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