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Once approved, there is sometimes a waiting period before being able to receive benefits. In the US, there is no waiting period on a temporary basis currently due to the COVID-19 pandemic, but in many states there is a waiting week. In Germany and Belgium, there is no waiting week. The current waiting period in Canada is seven days.
For instance, there are far fewer vehicles now listed below the traditional affordable benchmarks of $30,000 for new cars (12% in 2024, a drop from 38% in 2020) and $20,000 for used cars (30% in ...
No, it's a terrible time to buy a used car. Maybe. Used-car prices started coming down from their pandemic-inspired highs in the latter half of 2022, then started climbing again in January 2023.
In the used car market in the United States and Canada, buy here, pay here, often abbreviated as BHPH, refers to a method of running an automobile dealership in which dealers themselves extend credit to purchasers of automobiles. [1] Typically, purchasers of cars at BHPH dealerships have poor credit history, and loans have high interest rates. [1]
Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
An estimated $27 billion of the increase was due to the $600/week increase in unemployment benefits due to the CARES Act. [20] On May 20, 2021, the Labor Department reported that there had been only 444,000 unemployment claims during the previous week, the lowest number since the beginning of the pandemic. [21]
Compared to their peak in February 2022, prices paid for used vehicles are now down 19.4%. Used car prices rose more than 40% annually in both June and July 2021, and again in January and February ...