How end of the $600 federal unemployment boost will wreak havoc on jobless Americans - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Here's how the abrupt end of the $600 federal unemployment benefit will wreak havoc on jobless Americans

reported that a dozen states — including Pennsylvania, Virginia, and North Carolina — are scheduled to end their moratoriums by early September, putting people at higher risk of losing their electricity.over spring, even as the economy spiraled into a recession and millions of people were laid off. Now, with the lapsed benefits, people are likelier to miss making those payments, Logan said, accumulating fines or fees in the process.

In March, Congress approved a $600 federal supplement to state unemployment payouts. But those benefits expired on July 31 with Democrats and Republicans fiercely divided over the amount it should be replaced with.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

wrap02 We will not be able to pay our bills. We will fall behind on everything and getting caught back up will be next to impossible. The holidays will come around and we will not have any money to spend stores that are already having issues will not have bump from holiday sales etc...

It is the DRACONIAN measures in response to a false pandemic that is wreaking havoc on Americans.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside Meghan Markle and Prince Harry's new life in Los Angeles - 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. Harry has rejected the traditional role of Court Buffoon which the courtiers and press have forced onto “spares” in the past. William will have to earn his respect without a manufactured “foil”. And who cares? We're so beyond, 'lifestyles of the rich and kinda famous.'
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside story: Humana's $100 million bet on telehealth startup Heal - 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.
Source: BusinessInsider - 🏆 729. / 51 Read more »