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Facing a government shutdown and the expiration of many of the relief programs included in the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) enacted in March 2020, on December 21, 2020, Congress passed a $900 billion pandemic relief package as part of a broader $1.4 trillion government funding bill. Along with other relief measures, the new legislation includes additional funding for unemployment benefit programs that had previously been funded in the CARES Act.
Unemployment Benefits under the CARES Act
The CARES Act expanded unemployment insurance benefits available to workers, including through the following three programs: (1) Federal Pandemic Unemployment Compensation (“FPUC”); (2) Pandemic Emergency Unemployment Compensation (“PEUC”); and (3) Pandemic Unemployment Assistance (“PUA”). In short:
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Federal lawmakers agreed to a second round of stimulus legislation late last night, sending a nearly 6,000-page bill to President Trump for his expected signature. The proposal allocates $900 billion in economic relief to businesses and workers across the country. Of the many provisions tucked within the mammoth bill are several key provisions of interest to employers. Specifically, the proposal continues the popular small business loan program, provides new options for unemployed workers, extends tax credits for continued paid sick leave, and offers a variety of other tax- and benefit-related provisions. It does not, however, create a liability shield for COVID-19 litigation. What do you need to know about the critical workplace-related portions of Stimulus 2.0? Here are summaries of the most significant employment-related provisions and recommendations for actions you should consider as a result of each.
Here s what the new COVID-19 relief package means for your money chicagotribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagotribune.com Daily Mail and Mail on Sunday newspapers.
How the new federal stimulus bill will help unemployed Californians [San Francisco Chronicle]
Dec. 22 The new coronavirus relief bill Congress was expected to approve Monday night will extend through March 14 federal unemployment benefits that had been set to expire Dec. 26, add $300 a week to all federal and state unemployment benefits for up to 11 weeks, and provide an extra $100 a week to some “mixed-income” workers who had earnings from employee wages and self-employment.
Some people in California could end up receiving as many as 70 weeks of regular unemployment benefits, including weeks already received, if Congress passes and President Trump signs the bill. Those receiving federal Pandemic Unemployment Assistance could receive up to 50 weeks.
Florida added 24,000 jobless claims last week
Jim Turner
TALLAHASSEE The U.S. Department of Labor on Wednesday estimated that another 24,000 first-time jobless claims were filed in Florida last week, close to the state average for more than a month.
Florida’s unemployment agency awaits a decision by President Donald Trump about the latest federal-stimulus package, which could provide $300 a week in assistance after Christmas to jobless residents. Congress passed the long-sought $900 billion COVID-19 relief package this week, teeing it up for action by Trump.
The Florida Department of Economic Opportunity, which runs the state’s unemployment system, said in a daily update that it is reviewing the provisions of the federal package as Trump decides whether to sign it.