Hurting without the $600 jobless benefit? Here are some money moves to make now if you’ve been laid off or furloughed, sharon_epperson reports. investinyou (In partnership with acorns.)
Many Americans are hurting now that the $600 weekly boost to jobless benefits has ended. There were about 30 million Americans collecting on that extra money to supplement their state unemployment benefits, until that federal program expired at the end of last month. While
, the situation on Capitol Hill remains in flux and the additional benefits have expired, at least for now. Unemployed workers who have been furloughed or laid off during the Covid-19 crisis and their families are wondering what to do in the interim.
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Unemployment recipients share why they returned to work during the pandemic despite $600 weekly boostPeople who previously got the $600 weekly unemployment boost explain why they returned to work before the enhancement, provided under the CARES Act, expired in July.
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Poll: Americans Favor Renewing $600 Unemployment BenefitsBlame over the expiration of the expanded benefits is broadly divided along partisan lines, a new HuffPost/YouGov survey finds.
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Even though $600 unemployment boost lapsed, Congress likely will make new aid retroactiveWhenever Capitol Hill decides on the next round of federal unemployment benefits, those payments likely will be retroactive to when the $600 lapsed, experts say.
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Federal Reserve data show little appetite so far for its $600 billion Main Street lending programThe facility has been dogged for months by a slow rollout, a bumpy start and limited uptake since it went fully operational last month.
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Millions of Americans will struggle to pay their bills by end of August without the extra $600 unemployment insuranceSome 5.4 million Americans will be financially insolvent by the end of August if enhanced unemployment insurance is not renewed or they are unable to return to work, Morning Consult finds.
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