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Federal unemployment benefits end for Texans on Saturday
Federal unemployment benefits end for Texans on Saturday
According to the Texas Workforce Commission, the end of federal unemployment eligibility means that hundreds of thousands of Texans will see a pay cut.
AUSTIN, Texas - Starting June 26, Texans will no longer be eligible for federal unemployment benefits. Gov. Greg Abbottannounced in May that Texas would withdraw from the program ahead of the September expiration date.
Glenn Hamer, President & CEO of the Texas Association of Business, believes this will help an improving state economy continue to get back on its feet. I just came from a conference with over 200 chamber leaders across the state of Texas and the number one issue was the inability for companies to hire workers, said Hamer. The expiration of the $300 federal supplement is really going to help create a dynamic where more Texans are going to go back to work.
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In another sign that economic recovery from the COVID-19 pandemic is underway, Austin s unemployment rate last month fell below 5% for the first time since December 2020 and to its lowest point in a year.
As vaccine rollouts increased and businesses continued to reopen, the area s jobless rate decreased from 5.3% in March to 4.5% in April, according to new figures from the Texas Workforce Commission. The data include Travis, Williamson, Hays, Bastrop and Caldwell counties.
The Austin region s April unemployment rate is now far below the pandemic peak of about 12% in April 2020. It has spent the past eight months hovering in a monthly range of about 5% to 6% which is roughly double pre-pandemic levels, as the area s jobless rate was 2.6% in February 2020.
Coronavirus updates in Central Texas: Austin ISD hosting vaccine clinics for students, staff KVUE Staff
Replay Video
KVUE is keeping you updated with the latest coronavirus and COVID-19 news in the Austin area.
Scroll down for the top headlines and latest updates in KVUE s April 24 live blog.
COVID-19 numbers:
Texas: More than 2.4 million cases have been reported in the state, and more than 48,800 people in Texas have died, according to the Texas Department of State Health Services.
Central Texas counties:
Travis County: At least 81,686 cases have been reported and at least 845 people have died. At least 79,915 people have recovered from the virus.