ARFC Calls for Passage of “Small Business Comeback Act”  America’s Recovery Fund Coalition (ARFC) issued the following statement after an additional 1.4 million jobs were lost in the last week, bringing the total number of people to file for unemployment since the pandemic began to over 52 million.  “The American economy is on life support. The potential for long-term economic damage, exacerbated by inaction from Congress, is growing by the day, and today’s unemployment filing … Continued

Legislation calls for federal grants to support businesses devastated by pandemic   America’s Recovery Fund Coalition (ARFC) applauds the effort by Representatives Filemon Vela (D-TX-34) and Lance Gooden (R-TX-05) to establish a fund that would provide stability to American businesses as the country continues to grapple with the COVID-19 pandemic. “We wholeheartedly endorse and support … Continued

June 15, 2020 – Today, America’s Recovery Fund Coalition (ARFC) launched a national “Going Out of Business” advocacy campaign highlighting the bleak economic landscape created by COVID-19, emphasizing the need for Congress to immediately create a Recovery Fund. “It is time to accept our shared economic reality: America’s recovery will be long, slow, and, without … Continued

June 9, 2020 – America’s Recovery Fund Coalition continues to expand its membership, adding over 30 new member organizations since the launch of the coalition. The most recent members to join represent a wide cross-section of industries which collectively speak to the broad need for a Recovery Fund to provide relief to businessowners and employees … Continued

As Labor Market Hits Rock Bottom, Congress Must Ensure Record Joblessness Remains Temporary    May 21, 2020 – America’s Recovery Fund Coalition (ARFC) issued the following statement after an additional 2.4 million jobs were lost in the last week, bringing total unemployment to nearly 39 million. “After a devastating April for the jobs market, unemployment … Continued

With 20.5 Million Jobs Lost in April Alone, and a Staggering Unemployment Rate of 14.7 Percent, Congress Must Act   May 8, 2020 – America’s Recovery Fund Coalition issued the following statement after the release of April’s jobs report. The report showed a stunning collapse in the workforce, with 20.5 million jobs lost last month … Continued

Group Comprised of 30 Business Sectors, Employing 58 Million American Workers, Will Advocate for Federal Direct Assistance Fund to Power an American Recovery   May 4, 2020 – More than 100 trade associations and business organizations spanning 30 business sectors and representing 58 million employees – 45 percent of the American workforce – today announced … Continued