Article Image

IPFS News Link • Welfare: Social

GOP considers extending unemployment benefit at reduced level of $100 a week through December

• www.cnbc.com, Kayla Tausche, Jacob Pramuk

Congress passed a $600 per week, or $2,400 a month, boost to jobless benefits in March to deal with a wave of unemployment unseen in decades as states shut down their economies to combat the coronavirus pandemic. The policy expires at the end of July as the U.S. unemployment rate stands above 11%, despite two strong months of job growth. 

The GOP, which has not made a final decision on how it will craft unemployment insurance in a bill set to be released this week, previously discussed extending the benefit at an additional $200 per week instead of $600. Democrats want to make the $600 per week sum available at least until next year. 


Zano