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The extra $600 per week in unemployment benefits is set to expire at the end of July. Lawmakers still have not agreed on what to do about it. The $600 boost in unemployment benefits expires soon.
“Super unemployment,” the slightly tongue-in-cheek phrase for the enhanced unemployment benefits contained in the Coronavirus Aid, Relief and Economic Security (CARES) Act, will end on July 31.
The most recent extension was provided by the American Taxpayer Relief Act of 2012, which extended unemployment benefits until the end of 2013. [ 2 ] The United States Department of Labor 's Bureau of Labor Statistics reports that the average (mean) duration of unemployment in weeks was 37.2 weeks in November 2013. [ 3 ]
Unemployment extensions are created by passing new legislation at the federal level, often referred to as an "unemployment extension bill". This new legislation is introduced and passed during times of high or above average unemployment rates. Unemployment extensions are set during a date range in order to estimate their federal cost.
Federal unemployment assistance as part of the coronavirus stimulus relief bill officially ends this week, but resources are still available for those seeking relief. See: Key Points COVID-19...
The ending of emergency unemployment benefits (EUB), which were put in place during the early days of the pandemic, helped boost economic growth, according to a new paper by the Federal Reserve ...
The Unemployment Compensation Extension Act of 2009 is a bill introduced in the U.S. House of Representatives of the 111th United States Congress by Congressman Jim McDermott that would give an extra 13 weeks of unemployment benefits to jobless workers in states with unemployment rates of 8.5 percent or more.
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