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Every person deserves to retire with dignity and receive the benefits they earned through their years of hard work. Pensions are critical to the economic security of many retired workers and their families, who depend on these benefits to pay their housing and living expenses, medical bills and so much more.
It was such an incredible honor to join the First Lady to hear directly from the colleges, businesses, students, and workers whose lives and communities have been positively impacted by the investments made in the American Rescue Plan Act.
With an average growth of 750,000 jobs in the last three months and the lowest unemployment rate since the pandemic began, the Biden Administration is continuing to get Americans back to work.
Today, the Bureau of Labor Statistics reported that the American economy added 850,000 jobs in the month of June, and the unemployment rate was 5.9 percent, compared to 5.8 percent in May.
While we know that all workers in this country are entitled to certain protections under the law, we also know that too many don’t receive them. So we’re taking action.
If you’ve lost your job or had your hours reduced because of the pandemic, you may qualify for 100% coverage of your COBRA premiums thanks to the American Rescue Plan.
I’ve been humbled by the warm welcome I’ve received and inspired by this department's commitment to supporting America's workers. I look forward to listening, collaborating and building partnerships across the country — and to sharing updates along the way.