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A federal stimulus program meant to aid the unemployed is causing frustration, with some now earning more in unemployment than they were while working
The sprawling $2 trillion CARES Act provides an extra $600 a week to every unemployment recipient who lost work due to the coronavirus. ... Your weekly unemployment payments are about to shrink ...
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.
Even as unemployment remains at an 80-year high, Congress is considering letting the extra $600 a week in jobless benefits expire at the end of July.
A total of 36.5 million filed for unemployment insurance from March 21 to May 9. [19] The Congressional Budget Office estimated that costs for unemployment insurance claims were $49 billion in April 2020, versus $3 billion in April 2019. An estimated $27 billion of the increase was due to the $600/week increase in unemployment benefits due to ...
Federal coronavirus unemployment insurance is scheduled to expire at the end of this month as the pandemic makes a resurgence in parts of the U.S. The $600 federal unemployment benefit ends this ...
State unemployment agencies typically operate on a Sunday to Saturday schedule (or vice versa), meaning the last unemployment payment including the $600 bonus will be paid out either July 25 or ...