9.30.20 Massive layoffs at Disney and the airlines; Where to turn for health insurance after job loss

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 4.9K Ratings

🗓️ 30 September 2020

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

The airlines are set to lay off tens of thousands of employees as government bailout funds run dry and the travel industry remains disrupted. Disney has also announced that it is laying off 28,00 of its employees. Clark talks about the healthcare options that Americans have if they do lose their job. It's incredibly important to go to Healthcare.gov to see your options. The subsidies available to you could make a healthcare plan incredibly cheap or even free for you and your family. Want more money advice? Sign up for Clark’s free daily newsletter! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:26.6	Not investment advice, crypto trading involves risk of loss.
0:30.2	It's my pleasure to welcome you here to the Clark Howard Show,
0:39.2	where it's about you learning ways to save more and spend less.
0:43.2	And don't hang whenever rip you off.
0:46.6	There are a lot of people who this Christmas shopping season
0:51.6	are going to be on the sidelines, because we have such a split
0:56.6	in how Americans are doing right now, what economists call the K recovery,
1:03.0	where the economic situation is going two ways at once.
1:09.9	There are sectors of the US economy and regions and cities,
1:15.3	where the US economy is in full recovery mode.
1:20.2	And then other parts of the economy, where people are experiencing layoffs
1:26.6	right now, maybe even for the first time in a year
1:29.6	that over 60 million people have been laid off at one time or another since March.
1:36.5	So we are going to have a very, very confusing outlook on the economy,
	...

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