The end of $600 unemployment boost and slim job prospects leaves many struggling to survive

  • 📰 CNBC
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

The end of $600 unemployment boost, slim job prospects leaves many struggling to just survive

"We've cut many, if not most, people's unemployment benefit to below the equivalent of $10 an hour," said Betsey Stevenson, an economics and public policy professor at the University of Michigan and former chief economist at the Labor Department.

The 32-year-old Austin, Texas, resident lost his job in March driving for Break It Down, which manages recycling and composting pickups in the area.The couple has been able to make ends meet due to Rybacki's $644 a week in unemployment benefits, roughly equivalent to the $16 an hour he was getting at work.

The case of Lawrence, 64, a resident of Honolulu, illustrates how divergent some experiences can be. Even without the extra $600, he is collecting $648 a week from Hawaii, which is the state's maximum weekly payment.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

But wasn’t Frump and his republican stooges just say the other day the economy was booming...again?

Maybe they still have time to trade in those Mercedes and new TVs before they lose their unemployment benefits

Since the Democrats are making this political and holding unemployed hostage, President Trump will step in and correct this $600/week, student loans, rent, health care. Vote Out OLD Nancy Pelosi, Chuck Schumer, Clyburn

Hard to believe there are nearly 5.5 million open jobs in 🇺🇸

That $600/week boost was screwing small businesses and rewarding a lot of lazy people that were taking advantage of the system. Time to get back to work, folks.

Good , now see how many ppl return back to work. The left doesnt want that though

Trump wants: To extend rent moratorium & Unemployment checks, Another check to Americans, PPE School monies There is $1T unspent from the other COVID spending bills. Dems wants additional $2T for non-COVID slush fund.

Yep.

DONNY w/ EO

Ya'll need to learn how to trade options. Market will always make moves up and down.... $$$

Maybe NY Mayor and Gov should fine more businesses so even fewer people can work. Nice to see Trump take the payroll tax angle at least.

J.O.B. It’s how I survive.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How end of the $600 federal unemployment boost will wreak havoc on jobless Americans - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. It is the DRACONIAN measures in response to a false pandemic that is wreaking havoc on Americans. wrap02 We will not be able to pay our bills. We will fall behind on everything and getting caught back up will be next to impossible. The holidays will come around and we will not have any money to spend stores that are already having issues will not have bump from holiday sales etc...
Source: BusinessInsider - 🏆 729. / 51 Read more »

Loss of $600-a-week unemployment boost leaves many Americans in a precarious stateAs Republicans and Democrats spar over the shape of the next stimulus package, Americans are reeling from the loss of the $600 federal unemployment benefit. Apply for one of the unfilled jobs companies cant fill Amazon, McDonalds hiring!!!!
Source: CNBC - 🏆 12. / 72 Read more »

Federal Reserve data show little appetite so far for its $600 billion Main Street lending programThe facility has been dogged for months by a slow rollout, a bumpy start and limited uptake since it went fully operational last month.
Source: washingtonpost - 🏆 95. / 72 Read more »

The $600 jobless benefit expired and stimulus talks are dragging—here's what to do if you can't pay your credit card billsAs stimulus talks drag on and the $600 jobless benefit expires, here's what to do if you can't pay your credit card bills amid the coronavirus pandemic. the people dont want another stimulus! we know we will pay it back 3X over SpeakerPelosi V recovery has arrived. The Spring Equinox has been predicted. Most of you poor people need to call JG Wentworth now
Source: CNBC - 🏆 12. / 72 Read more »

Hurting without the $600 jobless benefit? Money moves to make now if you've been laid off or furloughedThe 30 million Americans who have been furloughed or laid off during the Covid-19 crisis are no longer getting their $600 unemployment boost. If you are one of them, experts suggest making these money moves right now. sharon_epperson acorns Ask your Democratic rep about it ? They will blame Trump! Either way your not getting the money sharon_epperson acorns nice to see a white couple for a change. hope you don't get in trouble at the next board meeting. sharon_epperson acorns Brickell Biotech to Report Second Quarter 2020 Financial Results and Provide a Corporate Update on August 12, 2020 go baby go🚀🚀🚀
Source: CNBC - 🏆 12. / 72 Read more »

Loss of $600-a-week unemployment boost leaves many Americans in a precarious stateAs Republicans and Democrats spar over the shape of the next stimulus package, Americans are reeling from the loss of the $600 federal unemployment benefit. Apply for one of the unfilled jobs companies cant fill Amazon, McDonalds hiring!!!!
Source: CNBC - 🏆 12. / 72 Read more »