Member-only story
YES! $550 MILLION Unemployment Extension NEW UPDATE FPUC PUA Unemployment Benefits Rental Assistance
According to a new study, Half of the states planning to cancel the extra $300 in weekly unemployment benefits this month could cost their local economies $12.3 billion
The analysis comes a day after Maryland became the latest GOP-led state to opt-out of the jobless program.
Chairman Don Beyer of the analysis by the U.S. Congress Joint Economic Committee stated, “If states proceed with their plans to end these critical programs, they will be ripping the rug out from under millions of Americans and further hindering our economic recovery.”
An analysis by the Center on Budget and Policy Priorities uses a multiplier effect to study how unemployment benefits generate $1.61 in local spending for every $1 in benefits.
We hope that these states provide other means of assistance or support to continue to help people return to the workforce.
Meanwhile, the FBI is warning potential scammers who have already stolen more than $120,000 in unemployment benefits from residents in Indiana.
The FBI said scammers are circulating unemployment tex messages and emails…