Federal aid extended for unemployment benefits
Trump finally signs bill with 11-week extension attached to government funding.
Thousands of Oregonians may have to wait a little longer for payments, but action by Congress ensures that their unemployment benefits will continue through March 13.
President Donald Trump signed the bill Sunday, Dec. 27, after threatening to derail the plan that contains the 11-week extensions. The extensions are part of an $892 billion follow-up pandemic aid plan to the CARES Act that Trump signed on March 27.
Both houses of Congress passed the plan Dec. 21 and attached it to a bill that extends federal spending authority through Sept. 30, the end of the federal budget year.
Report: Another 803,000 Americans filed for unemployment benefits last week
3 months 1 day 23 hours ago
Wednesday, December 23 2020
Dec 23, 2020
December 23, 2020 8:23 AM
December 23, 2020
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Source: Associated Press
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WASHINGTON (AP) The number of Americans seeking unemployment benefits fell by 89,000 last week to a still-elevated 803,000, evidence that the job market remains under stress nine months after the coronavirus outbreak sent the U.S. economy into recession and caused millions of layoffs.
The latest figure, released Wednesday by the Labor Department, shows that many employers are still cutting jobs as the pandemic tightens business restrictions and leads many consumers to stay home. Before the virus struck, applications typically numbered around 225,000 a week before shooting up to 6.9 million in early spring when the virus and efforts to contain it flattened the economy. It has since come down but remains at historically high levels.
US layoffs remain elevated as 803,000 seek jobless aid
By Paul Wiseman - AP Economics Writer
WASHINGTON (AP) The number of Americans seeking unemployment benefits fell by 89,000 last week to a still-elevated 803,000, evidence that the job market remains under stress nine months after the coronavirus outbreak sent the U.S. economy into recession and caused millions of layoffs.
The latest figure, released Wednesday by the Labor Department, shows that many employers are still cutting jobs as the pandemic tightens business restrictions and leads many consumers to stay home. Before the virus struck, jobless claims typically numbered around 225,000 a week before shooting up to 6.9 million in early spring when the virus and efforts to contain it flattened the economy. The pace of layoffs has since declined but remains historically high in the face of the resurgence of COVID-19 cases.
Nonprofits Get Limited Relief In Stimulus Deal
December 22, 2020
The $900-billion stimulus package approved by Congress in response to the pandemic includes some key measures supported by nonprofit constituencies but some say it doesn’t do enough for the nation’s charities and hope for more Congressional action in 2021.
The COVID-19 Relief Bill and Consolidated Appropriations Act of 2021 funds appropriations for the federal government, includes COVID relief and extends expiring tax provisions. Among the provisions included in the more than 5,000-page bill are an extension of the Universal Charitable Deduction (UCD) through 2021, and another round of Paycheck Protection Program (PPP) funding through March that now includes association.
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