A look at who is and isn’t eligible for the $300 increase in weekly unemployment benefits

[Yoni Heisler]

• A $300 increase in weekly unemployment benefits was recently approved by FEMA. To date, 47 states have been approved to dole out the increase in funds.
• One group not eligible for the increase are individuals who already earn less than $100 in weekly unemployment benefits.
• While the U.S. economy has recovered in some respects, the unemployment rate is still incredibly high across the country.

In response to the ongoing economic turmoil caused by the coronavirus, the Federal Emergency Management Agency (FEMA) last month approved a $300 increase in weekly unemployment benefits. The increase comes at a crucial time for two reasons. One, millions of Americans are still unemployed and struggling to find work. And two, the $600 increase in unemployment benefits that was part of Congress' historic $2 trillion stimulus package back in March was phased out on July 31.

While the $600 increase was available to anyone eligible for unemployment, the $300 increase backed by FEMA operates a little bit differently. In order to receive the $300 bump, you must reside in a state that applied for and was approved for the funding. To date, 47 states have been approved for funding. As for the other three states, South Dakota has indicated it has no plan to apply while Nebraska and Nevada are still waiting for approval.

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A look at who is and isn’t eligible for the $300 increase in weekly unemployment benefits originally appeared on BGR.com on Wed, 16 Sep 2020 at 16:32:43 EDT. Please see our terms for use of feeds.

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