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GET $10,200 UNEMPLOYMENT Automatically Benefits Unemployment Extension PUA $300 FPUC Stimulus Update
A recent report from the Department of Labor outlines just how much money has been spent on unemployment benefits in the past year when millions of Americans leaned on these funds to get through a hectic 2020.
According to the DOL, “from March 21, 2020, to March 13, 2021, the number of applications for pandemic-based unemployment benefits continued to increase, costing the government over $5 trillion.”
In fact, the $5 trillion spent over the past 12 months is nine times more than the amount spent during the Great Recession.
With the new $300 weekly extended enhanced unemployment benefits through September on the way, it’s amazing to see so much fiscal support for struggling Americans being offered to us from the government, who typically take and don’t give.
Meanwhile, a leading financial expert wants President Biden’s next major policy initiative to be a return to full employment, ensuring that working Americans can easily get a job and earn a living across the country.
Mike Konczal, director at the Roosevelt Institute, explained: “The goal should be full employment, but getting…