Y
Yoni Heisler
Guest
- The coronavirus has left millions of Americans without a source of income.
- As a result, the number of unemployment claims earlier this year reached levels the U.S. had never seen before.
- The $600 bump in unemployment benefits expired on July 31, but 30 states have been approved to issue an additional $300 in weekly benefits.
The economic downturn ushered in by the coronavirus pandemic is hard to overstate. In what seemed like a blink of an eye, millions of Americans earlier this year found themselves jobless, stuck at home, and with no avenues to seek employment elsewhere. With many Americans struggling to make ends meet, the number of unemployment claims around the country jumped to record levels.
To help alleviate the financial predicament many Americans find themselves still struggling with, President Trump back in March signed a $2 million stimulus package that included a $600 increase in unemployment benefits. The $600 increase expired on July 31 but new benefits are on the way. As you may have heard, FEMA recently approved a $300 bump in unemployment benefits for individuals in about 30 states. Some states have yet to apply for the increase, so that figure may change going forward.
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These are the 34 states that will begin adding $300 to weekly unemployment checks originally appeared on BGR.com on Tue, 1 Sep 2020 at 17:19:20 EDT. Please see our terms for use of feeds.
Via BRG - Boy Genius Report