Unemployment benefits may end EARLIER than expected as millions face losing cash before Labor Day
UNEMPLOYMENT benefits that were to officially end on Labor Day may end EARLIER in some states due to administrative rules.
On September 6, as many as 7.5 million unemployed citizens who lost their jobs as a result of the Covid-19 pandemic will stop receiving the temporary bonus unemployment insurance benefits.
Every state pays benefits that are in accordance with a set schedule that ends on a Saturday or a Sunday.
However, the American Rescue Plan has only offered benefits until September 6 which is a Monday.
That means that the last week of aid will be on September 4 or 5 depending on how the state operates its system.
The "benefits cliff" will impact more than 11 million Americans who will either lose all of their benefits or else see a smaller check each week, the Century Foundation estimates.
is expected to be a nightmare for the millions of Americans who will lose their $300 check.
Altogether, three temporary programs, Pandemic Unemployment Assistance (PUA), Federal Pandemic Unemployment Compensation (FPUC), and Pandemic Extended Unemployment Compensation (PEUC) have dispersed about $800billion in aid to needy families throughout the pandemic, according to .
PROGRAMS ON CHOPPING BLOCK
Each program was aimed to tend to those who experienced various inequities.
The consensus among some governors frowned on the benefits as being overly generous and didn’t help employers trying to fill vacancies.
Some successful lawsuits in Indiana, Maryland, Arkansas and Oklahoma, have ordered them to .
JOBS AND COVID ON RISE
Last week, the number of Americans filing new claims for unemployment benefits dropped to a 17-month low, reported.
The promising data, of claims falling below the 350,000 level suggests the economy is improving and job growth is on the rise.
This includes 4.4 million people who have stopped looking for work.
They found that 36 per cent of long-term unemployed were between the ages of 16 and compared to 55 per cent of workers age 55 and over.
A year ago, said that Americans can’t afford to have the federal faucet turned off.
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Earlier this month, Jen Psaki, White House press secretary, said "there has not yet been any decision" about whether the extra benefits will expire or be extended.