When does the extra $600 for unemployment end? July 31 - Business Insider

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Congress is debating whether to extend the federal boost, phase it out, or let it expire

The federal bonus is scheduled to end on July 31, according to current legislation.Athere's about a $67 billion shortfall between what laid-off workers should be collecting in unemployment benefits and what they've received so far. And that doesn't include the 7.8 million Americans who have filed under the Pandemic Unemployment Assistance program, which is for workers who are not usually eligible for unemployment insurance.

Typically unemployment insurance replaces about half of a worker's pay.

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Boost! Then folks buy more shit which inflates the market 🤑🤑🤑

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