$600 a week in unemployment benefits more could end soon, but still can not find millions of American jobs

$600 a week in unemployment benefits more could end soon, but still can not find millions of American jobs

Like millions of Americans have seen their jobs disappear in recent months, forever, in some cases it has been a comfort. They had been supplied by a makeshift safety net, created by Congress in the early days of the pandemic, an additional $600 would be paid a week in unemployment insurance benefits often scattered weekly that usually get. But federal action is missing, the program is run on July 31 and desperate situations many Americans need to be as bleak. In Arkansas, people could expect to receive $681 per week $81 per week; Florida and Tennessee, and workers the most profitable is a maximum of $275 a week in unemployment benefits, down from the $875 they received previously, if Congress does not pass an extension of federal unemployment benefits in the event of a pandemic ( FPUC), increased severance pay, were originally part of the Cares Act. Even if lawmakers approve an extension, it will be only a temporary respite for the unemployed who are months or years limbo his face as the pandemic has destroyed the country and the economy continues. Megan K. Rocks, a 38-year-old single mother of Athens, Georgia, is about their weekly income ranges from $725 to see a week for $125 The company events where the rock had been working as a graphic designer to cancel all its events for the year, and the income Rocks dried up in mid-March. The extra $600 has helped to cover their rent, car insurance and other bills, and pay his cell phone. It meant that they take their supply of 11-year-old son, in the absence of child care, rather than immediately to find another job. The looming expiration of these benefits has come up with some options Rocks left. He studied the work they can do at home while watching her son, but did not find, and scared of what might happen in a few weeks. “At this point, I have no idea what I will do,” he says. $125 per week is not enough to cover their $650 rent, much less to worry about things such as registration fees and school supplies for his son. millions of people losing their safety net, at the same time, it is a blow to already shaky economy. About 25 million Americans will continue in July, August and September 2020 have been estimated by the Congressional Budget Office, unemployed. So far, especially additional unemployment benefits to bring these Americans the result to the average weekly wage has helped us so millions can still buy food, pay rent, and maybe even spend on extras such as school supplies or entertainment. That consumer spending helped support well 2.8 million jobs, the low unemployment rate of over 1.8%, according to the Joint Economic Committee. Thursday ‘the US Census Bureau said that retail sales were 7.5% compared to the previous month in June to attribute many economists generosity of unemployment benefits. It is updated here with our daily newsletter crown. Much of the spending on the economy is happening at this time it can be attributed to lower income individuals are more likely to immediately buy food and other important things with the money they receive, according to researchers at Harvard; They have recently discovered that people at the bottom of the income scale have almost spend as much as before the pandemic, while high-income drastically expenses have limited budget. Without the additional unemployment benefits, the low-income spending will fall, will cost jobs and economic growth. GDP fall more than a year of economic growth after the Congress Jason Furman, a Harvard economist by about 2.5% for the second half of the year. The human toll will be dramatic. A moratorium on forced evictions from homes for rent which are guaranteed by the federal government mortgages play, or subroutines in federal aid, valid until July 25, something one in four rental units in the families we are covered willing to lose their homes; those who had credit card debt and pay student loans fall can begin. Already, the effect is lifted state and local moratoriums eviction forever. Evictions continued June 1 in Arizona, and courts handle 52 cases per day, on average, compared with 10 to 30 a day when processed in normal times. Wisconsin eviction moratorium over, shot 17% evictions in Milwaukee. Michigan ban on eviction ended on 15 July and the government estimates it will now be submitted more than 75,000 cases of eviction. Annette Alcala 30, immediately fell behind on their bills after the restaurant where they worked in New York Time Square closed in March. He says that the state has to process their unemployment claim three months, during which they have fought for their share of $2,150 monthly rent on the apartment that pays to share with a roommate. When its finally started benefits, they include back pay they were guilty, but then, Alcala was behind on bills. She has yet to earn back their financial footing; she is back with the rent and is staring still three months to the end of $600 per week supplement. If it ends, it will be $300 per week, just enough to get to cover rent, let alone their student loans or credit card debt. The government says it wants them to find a new job “but there are no jobs available,” he says. The end of extra unemployment benefits to fall most heavily on black people as Alcala, the IS Latin America further extending the wealth gap. In June, the unemployment rate for American blacks 15.4%, and the unemployment rate for Hispanics was 14.5%, compared with 10.1% for white Americans, according to the Bureau of Labor statistics. Many of the jobs in the service sector affected by the pandemic, even in restaurants, hotels and retail stores, they were held by American blacks and Latinos. How states to slow recovery plans and businesses work hold off the demand for these jobs will stay low. Legal advocates worry that the end of the $600 benefit families are pushed into a cycle of poverty that is difficult to escape. Families may feel they have no other choice but to take high interest loans that are more difficult to pay back for as long as that borrowers have no income. On July 7, repealed the provisions era Consumer Financial Protection Bureau Obama to limit depends on payday loans and high cost. Already many people because of the long delays that fighting unemployment benefits processing; Jocelyn J. Armand, Advocacy Director of Legal Services in Miami, says that only about 2% of its customers receive the unemployment benefits that they paid for. 300,000 jobless claims in Nevada, only 100,000 were paid, says Rhea Gertken, directed Solicitor Nevada. “To satisfy the most of the time, people find it difficult to make ends meet,” says Kevin De Liban, a lawyer Legal Aid Arkansas, concerns upswell with a client about the performance of their bills after the July 31 management ” take that solid work away and remove temporary supports removed, and they will be able to pay the rent, non-wage costs, or buy things that children need to educate and make the usual injustices that already exist for people with low incomes step up. “While the HEROES Act, passed by the House of representatives in May the unemployment improved services would be extended until the end of the year, the Republicans have objected. They point to the research shows that two-thirds of recipients do more to unemployment than they did during the work and say that the unemployed can not go back to work when you stungen remain generous. has (A June study found no evidence that a higher power has prevented the unemployed people back to work.) Trump economic adviser Larry Kudlow interest in a “return bonus at work” of $450 brought a people week incentive to express to find work, rather than an extension of unemployment benefits. Other proposals will gradually include taper the amount of additional unemployment benefits available to reduce the amount to $200 per week and another round of stimulus checks to be sent, or leave States the additional benefits cap them to make sure the workers do not exceed wages of the past. One thing is certain: the Republicans are unlikely to hold $600 per week in additional services such as the current level; Stephen Moore, an economic adviser to Trump, Yahoo said that “the most important thing that we need to keep going for $600 a week to a halt.” The wave of Democrats crown infections help win the argument that Congress must renew the benefits, because many states had cut back on plans reopening. Although the Minister of Labor Eugene Scalia Senate Finance Committee, said in June that it would be premature to extend the benefits because “we see that things that change your ability to be in a hurry for the better”, it would be difficult now to make this argument. The United States recorded a record 75,600 new cases COVID-19 on Thursday. Because of the way Member States process the advantages, the latest round of additional unemployment benefits in the week will take place from 25 States in July are already starting to FPUC program from their computer systems, Michele Evermore, Senior Policy Analyst says the national employment Law project. Unless Congress acts in the coming days, there will be a gap almost certainly, if people do not receive additional benefits, even if they are renewed. “It would be a disaster, people’s lives are ruined individual,” he says. The sudden disappearance of services underlines been lackluster in unemployment in the country where the benefits vary greatly from state to state. In the wake of the great recession, many states reduced the amount of unemployment benefits available and changed how it calculates payments to save money themselves. “It can be as stingy States as they want,” says Evermore. Unemployed no more than $37 per week for unemployment benefits in Indiana and $15 per week in North Carolina, according to the Department of Labor data from 2,019 American ability to do so soon, can survive to depend on the generosity of their states; in places like Florida and Tennessee, that even people to a maximum of $275 per week, while the same person are allowed only $823 a week in unemployment benefits in Massachusetts, better wages had to be obtained. Ironically, some of the saw were most affected dry by this pandemic as Florida and Nevada, is tourism, are some of the largest drop-off of money in the next once the FPUC slopes, as their benefits at the state level so low. result in a bill for many unemployed, the looming expiration of the additional benefits; It hoped that the economy in the normal would be back, but now they need a new plan. With an unemployment rate of 11.1%, they have few options and are in competition with other unemployed people for each open job. “My hands are tied, you can find me scrambling free labor, but everything is slow to return,” said John Jennings, a 35 year old bartender in Minneapolis who has worked in restaurants, the production of films and TV and events Special have, but must find work in one of these fields have a job. “Places continue resizing, which makes me wonder what, and then look at bartending?” Like Jennings, many people seek jobs in multiple fields and rubs the idea that they were not looking for work because unemployment benefits are so generous, Sam Nelsen, a single father in the Orlando area is alive, he gave drained two work before the pandemic as a bartender at an Italian restaurant near Disney World and a goalkeeper theme park guide their work in March is applied for jobs in construction and restaurants. But even if Disney World is partially open, it needs fewer workers, because it will keep patrons and employees social distancing; only 20,000 of its 43,000 workers have been recalled. Nelsen rent is $1,600 a month, and do not know how you pay for it or the power of his children on $275 a week will receive when the additional unemployment benefits expire. The additional benefits “are literally vital for survival,” he said. “It ‘hard to even think about what happens once it ends in July. We live in the middle of the hospitality world, and we do not care.”