When does the extra $600 for unemployment end? July 31 - Business Insider

Congress is debating whether to extend the federal boost, phase it out, or let it expire

6/4/2020 9:09:00 PM

Congress is debating whether to extend the federal boost, phase it out, or let it expire

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The federal bonus is scheduled to end on July 31, according to current legislation.But unfortunately many unemployed people haveas states struggle to keep up with a surge in claims.ABloomberg analysis foundthere's about a $67 billion shortfall between what laid-off workers should be collecting in unemployment benefits and what they've received so far. And that doesn't include the 7.8 million Americans who have filed under the Pandemic Unemployment Assistance program, which is for workers who are not usually eligible for unemployment insurance.

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Will the extra $600 in unemployment benefits get extended?Lawmakers haveproposed an extensionof the $600 weekly unemployment bonus, but a decision has not been made.Typically unemployment insurance replaces about half of a worker's pay. But for around two-thirds of people collecting benefits right now, the additional haul makes unemployment more lucrative than earning a regular paycheck, according to a

May study from the University of Chicago. Read more: Business Insider »

Boost! Then folks buy more shit which inflates the market 🤑🤑🤑

Republicans Push 'Return To Work Bonus' As Alternative To UnemploymentDemocrats want the unemployed to continue getting an extra $600 a week past July. Republicans want to rush people back to work. So you can put a price on someone's life. Sure, keep the country down so anarchy can continue thrive. Wake up America!!! We need another stimulus check, since I work few hours, making no money and I can’t get unemployment cuz I’m technically working

One-third of unemployment benefits have yet to reach 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. Still waiting for the $1200

3 unemployment proposals that could be part of next coronavirus relief bill - 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. DEMs must be pushed by voters for progressive policies same ol wont work basic jncome relocation benefits atudent debt forgiveness for under $50k earners

Seattle ends curfew early, officials say it was making things worse - 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. I disagree. The agitators with criminal agendas come out in darkness, like the cowards and thieves they ARE. None of this should be romanticized as 'justified'. Dont tell me you were so heartbroken over Floyd that you had to steal that Big Screen or Apple. Tell that to NYC mayor

Republicans face looming unemployment dilemmaGOP senators oppose extra unemployment benefits, but letting them expire could be politically perilous Which republican admin hasn’t made the economy worse off? Why do we listen to them? You want to stimulate the economy? Give money to the people and they will invest it directly into economy. ....this guy Kennedy (Moron-LA) is 6-7 bricks short of a load, although he is, in fact, a load.....ironic......monitoring..... Why not redirect the trillions the FED is injecting into the stock market into people's pockets?

Stock market crash coronavirus: Insider account from Bank of England - 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.