Update On Stimulus And Unemployment Help
30 2021 is nearly complete according to the associated press.
Update on stimulus and unemployment help. There s an overflow period that lasts until april 5 for those who exhausted their state s benefits before. President elect joe biden released the details of his 1 9 trillion stimulus plan thursday which will include more unemployment checks. And that rise corresponds with the drop in aid from the first round of stimulus.
Job losses economy loses 140 000 jobs in december as unemployment holds at 6 7 amid covid 19 spikes states are in the process of issuing a 300 per week boost to benefits provided by the 900. Some recipients will. It was slated to go out for 11 weeks to anyone collecting regular unemployment but it may now only last.
The new stimulus deal also introduces a new 300 weekly supplemental unemployment benefit. The pandemic unemployment assistance program which expands jobless benefits to self employed and gig workers along with independent contractors lapses on the same date. A deal on a bill that will fund the government through sept.
The economy has slowed to a crawl as covid. The 900 billion measure will help millions of jobless workers by adding 11 weeks to the unemployment programs that are now set to expire by the end of december. Labor department and several states have said there will be no interruption in emergency pua and peuc payments which were extended by the new relief bill the day after they expired.
Not included in either of the two covid 19 relief bills is a plan to send americans 1 200 stimulus checks. With the 1 200 stimulus check spent and no more 600 weekly unemployment bonus households and individuals took a hit. Benefits from the cares act ended in july.
I believe we have a moral obligation says president elect joe biden the need for additional stimulus remains dire.