2.5 Million Scheduled to Lose Emergency Unemployment Aid by Early July as States Cut Benefits
On 5/27/21 at 3:06 PM EDT
By early July, about 2.5 million Americans are scheduled to lose emergency unemployment aid as many GOP-led states are moving to cut benefits as soon as June, according to the Associated Press.
Unemployment benefits are scheduled to end Sept. 6, but 20 states, including Texas, Georgia, Tennessee and South Carolina, decided this month to cut the benefits as early as June 12 . These states are also ending the extra $300 weekly federal unemployment payment. Florida, Arizona and two other states are only stopping the $300 benefits. The total number of continued weeks claimed for benefits in all programs for the week ending May 8 was 15,802,126, a decrease of 175,255 from the previous week, a report from the Labor Department from Thursday said, according to the latest available data.
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Back to Work: What Recovery Felt Like for Millions of Americans
Reade Pickert, Bloomberg News Mike Tilberry leads a Zoom workout on the deck of his temporary apartment in Myrtle Beach, South Carolina, U.S., on Saturday, February 20, 2021. , Photographer: Micah Green/Bloomberg
(Bloomberg) Itâs been a year since Covid-19 triggered the steepest economic collapse in modern U.S. history, with more than 22 million people thrown out of their jobs in a matter of weeks.
Many have managed to find a way back to work. By comparison with the millions who remain unemployed, they may seem like the lucky ones, though it doesnât always feel that way.