Some public-health experts say there could be a second wave of coronavirus infections on the horizon, possibly even worse than the first. So what will come of workers who remain reliant on unemployment-insurance benefits at that time? And what about those who find a job, only to lose it during the next economic shutdown?
A potential problem for workers who get laid off again In most states, workers’ labor-market experience over the past year serves as the basis for whether they qualify for unemployment benefits and how much they receive, Stephanie Aaronson, the vice president and director of the economic studies program at the Brookings Institution, a center-left think tank.
“If this were to go on for 18 months,” she added, “it might be that as people cycle on and off of unemployment insurance, they’re really not eligible for substantial benefits because they don’t have a good employment history.” States also have extended-benefits programs, funded 50-50 by the state and federal government, which kick in during periods of heightened unemployment to activate up to 13 additional weeks of benefits. Congress can also manually extend benefits: During the Great Recession, Congress allowed unemployed people to collect up to 99 weeks of benefits. The CARES Act, meanwhile, extended benefits by 13 weeks to up to 39 weeks in total.
Benefits could be benchmarked to a state’s unemployment rate, to specific shutdown or stay-at-home orders, or to states’ economies being relatively open or closed, Aaronson said by way of example. “Setting in place some benchmarks where benefits would automatically kick in is really a better way to go about this, because then people get the resources they need and are less subject to political vicissitudes,” she added.
WHO HAS SEEN ANY OF THIS MONEY I hear of no one !! My MI friends sure havent. govwhitmer freep HHSGov stevenmnuchin1
Then Congress will extend. They have no choice.
What do you mean if? Not only is there going to be a second wave, the first wave is nowhere near being over and with governors like the ones in Georgia, Florida + S.Dakota matters aren’t going to get worse
More free money that was ours to begin with!!!
Can only sustain this for so long 😭😭😭
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