Cheney Free Press -
Last updated 5/13/2021 at 10:41am
When Congress established the Federal Unemployment Tax Act (FUTA) in 1935, it was intended to provide temporary and partial income replacement for workers who lost their jobs through no fault of their own. It was supposed to be a “bridge” to a new job and not “in lieu of compensation” to remain jobless.
The coronavirus pandemic produced massive layoffs. The resulting economic downturn swelled the ranks of unemployed Americans by more than 14 million from 6.2 million in February to 20.5 million in May 2020, Pew Research reported. The unemployment rate jumped from 3.8 to 13 percent.
However, in the last few months with more Americans being vaccinated, our economy is catching fire only to find employers in frantic searches for people to fill job vacancies.
Governor Kemp, State Labor Commissioner Announce Economic Recovery Plan chattanoogan.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chattanoogan.com Daily Mail and Mail on Sunday newspapers.
Unemployed Arizonans won t get extra $300 starting in July, but could qualify for $2,000 bonus
Arizona will join about a dozen other states that will end the additional federal benefits that came due to the pandemic. Author: 12 News Updated: 11:03 AM MST May 13, 2021
PHOENIX Arizona Governor Doug Ducey announced on Thursday that Arizona will no longer be taking the Federal Pandemic Unemployment Compensation, the extra $300 in federal money given to those who are unemployed.
However, Ducey says the state will put aside $300 million in federal money so that Arizona can offer one-time $2,000 bonuses to people who get a full-time job, while those who return part-time will receive $1,000.
New state data show more Iowans seek unemployment benefits than previously reported thegazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thegazette.com Daily Mail and Mail on Sunday newspapers.
âWhat was intended to be a short-term financial assistance for the vulnerable and displaced during the height of the pandemic has turned into a dangerous federal entitlement, incentivizing and paying workers to stay at home rather than encouraging them to return to the workplace,â South Carolina Republican Gov. Henry McMaster wrote in a letter to the stateâs Department of Employment and Workforce.
While Georgia is the latest state to turn away the federal funds, many experts expect it won t be the last.
Tennessee Gov. Bill Lee did the same Tuesday, announcing the plan would be done in Tennessee before Independence Day.