Second Stimulus Bill And Unemployment

President donald trump signed on sunday evening a 900 billion pandemic relief bill into law that includes enhanced unemployment benefits and direct cash payments.

Second stimulus bill and unemployment. After months of talk congress passed a second stimulus package on monday that includes 600 direct payments to many americans and 300 in enhanced unemployment benefits. The stimulus bill also extends through march 14 2021 the provision in the families first coronavirus response act that provided temporary. Full federal support for extended unemployment benefits.

11 more weeks of unemployment benefits. This is the second stimulus bill passed in response to covid 19 following the coronavirus aid relief and economic security cares act passed earlier in 2020. The cares act provided an additional 600 per week in unemployment benefits to eligible workers.

The deal will expand unemployment benefits for millions of americans and save others from losing benefits. After months of talk congress passed a second stimulus package on monday that includes 600 direct payments to many americans and 300 in enhanced unemployment benefits. Congressional negotiators on sunday finally came to an agreement on a new stimulus bill.

The stimulus plan includes a new round of federal unemployment insurance supplements this time at 300 per week. That assistance ended in july but the stimulus agreement includes a new round of extra payments. There are questions about pandemic unemployment assistance pua and pandemic emergency unemployment compensation peuc those are the unemployment programs continued in the stimulus bill.

The benefits are set to last for up to 11 weeks through mid march. The stimulus bill will extend both the pua and peuc programs for 11 weeks as well as top up regular state benefits with an extra 300 in weekly jobless aid.