In Less Than Two Weeks, Millions of Americans Will Lose Unemployment Benefits


With at least 24 GOP -led states set to end federal unemployment assistance before they end Sept. 6, millions of Americans Continuations need to be scrapped and start helping to alleviate unemployment after being paid to stay home for more than a year.

Benefits set to pass are included dili ra the additional $ 300 weekly federal supplement, but programs for gig workers and others generally do not qualify for assistance ”(Pandemic Unemployment Assistance, or PUA) and for the long -term unemployed ( Pandemic Emergency Unemployment Compensation, or PEUC) in most cases, ”according to CNBC, which provides this quick tutorial on states that are terminated to end benefits, and when:

Many states even offer financial incentives for people who find new jobs, including Arizona, Montana, New Hampshire and Oklahoma.

The programs will almost certainly last until Sept. 6 as part of the American Rescue Plan, though Republican governors say improved benefits are said to prevent people from returning to work. (while the left desperately claims to be the giant gap between job openings and continuing to acquire a skill or geography unequal).

“Employees tell me one of the reasons they can’t hire and retain some workers is because employees receive more unemployment than they do while working,” said Idaho Governor Brad Little ( R) of a statement. “My decision was based on a fundamental conservative principle – we don’t want people without jobs. We want people to work.

As the Pig Pig satirically said, “Shocking Study Finds Paying People Who Don’t Work Makes People Don’t Work.”

According to JPMorgan, the benefits of the cuts are “tied to politics, not economics,” adds that while the benefits may matter others People who stay at home, it is not a major cause of the number of unemployment.

A group of Democratic lawmakers, on the other hand, want the pandemic stimulus to become Universal Basic Income..

Via Fall River correspondent:

Congressman Jimmy Gomez (CA-34) and Congressman Gwen Moore (WI-04) led five of their Ways and Means Committee colleagues to question President Biden to include recurring direct payments and automatic unemployment insurance in his American Families Plan, according to a statement.

In response to the President’s support for the automatic deduction of the length and amount of UI benefits received by unemployed workers depending on the economic situation, lawmakers have called on the White House to roll out a plan that would issue recurring direct pay and unemployment uncertainty if a similar crisis hits our country in the future. The recurring direct payment has extensive, both support from most public and economic experts, and stimulus checks issued through the CARES Act, year-end spending research, and American Rescue Plan Act, along with improved federal UI benefits, proved to be the most effective, but temporary, forms of direct relief during the COVID-19 pandemic.

“The success of the American Rescue Plan, combined with direct financial assistance under the CARES Act and before federal law, can be seen in communities across the country,” Gomez said. “But we can’t pretend that a check of $ 1,400 is enough to last a year, and we have to be prepared with a strengthened safety net in the event of a similar economic crisis. to strike again. “

Who will pay for that too?

Published from ZeroHedge.com with permission



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