Enhanced unemployment would continue at $400 per week under new Trump executive order

Deutschland Nachrichten Nachrichten

Enhanced unemployment would continue at $400 per week under new Trump executive order
Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen
  • 📰 CNBC
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 72%

Enhanced unemployment would continue at $400 per week under new Trump executive order. (via CNBCMakeIt)

The federal benefit is intended to replace the previous provision that gave out-of-work Americans an extra $600 per week in benefits, on top of state-administered pay, whichUnder the new order, the federal government would cover $300 in enhanced aid per person per week, and states would be responsible for the remaining $100.

Lawmakers, economists and unemployment experts have responded to the memorandum saying the new "lost wages assistance" program would be difficult to implement in a timely manner, and that it excludes some of the lowest-paid workers in need of jobless aid. The order could also face a legal challenge over whether the president has the authority to enact the program.

Under the March CARES Act, anyone receiving unemployment benefits was eligible to get the $600 weekly boost. In the new order, however, recipients must be receiving at least $100 in unemployment aid in order to qualify for the extra $400 federal boost. This could leave out the lowest earners, particularly those who rely on tips or part-time work., labor economist and assistant professor at University of Illinois, Urbana-Champaign, estimates about 6% of regular unemployment recipients earn less than $100 in state benefits.

Furthermore, states set their own minimum unemployment benefit to workers with low earnings histories. In Hawaii, the minimum unemployment benefit is just

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

CNBC /  🏆 12. in US

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Trump order could mean $400 in added unemployment benefits — but states would have to helpTrump order could mean $400 in added unemployment benefits — but states would have to helpWill the order hold up in court?
Weiterlesen »

This mini projector is made for outdoor movie nights and it's more than $400 off nowThis mini projector is made for outdoor movie nights and it's more than $400 off nowThe PIQO 1080p Mini Projector is not only adorable, but it also packs an impressive punch sure to turn your backyard into a movie theater. Get it for 64% off now.
Weiterlesen »

Trump's $400 weekly boost to unemployment insurance won't increase benefits for jobless Americans anytime soonTrump's $400 weekly boost to unemployment insurance won't increase benefits for jobless Americans anytime soonThe Trump administration&39;s executive action on unemployment is attempting to set up a "lost wages" program outside the traditional benefit system.
Weiterlesen »

The CEO who made one of Silicon Valley’s worst acquisitions wants a $400 million blank checkThe CEO who made one of Silicon Valley’s worst acquisitions wants a $400 million blank checkAmid record-breaking billions pouring into SPACs is a filing from former Hewlett-Packard CEO Leo Apotheker, known for the calamitous $11 billion purchase of...
Weiterlesen »

Poorest Americans Unlikely To Qualify For $400-A-Week Unemployment Checks: ReportPoorest Americans Unlikely To Qualify For $400-A-Week Unemployment Checks: ReportIt’s not clear how the checks will even be paid for.
Weiterlesen »

Poorest Americans Unlikely To Qualify For $400-A-Week Unemployment Checks: ReportPoorest Americans Unlikely To Qualify For $400-A-Week Unemployment Checks: ReportSome of the lowest-income Americans would likely miss out on the $400 weekly unemployment payments
Weiterlesen »



Render Time: 2025-03-29 01:26:16