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When do the $600 in extra unemployment benefits end? Earlier than we thought

When do the $600 in extra unemployment benefits end? Earlier than we thought
[Photo: /Unsplash]
, as many websites for state labor departments listed the payments’ end date as July 31, with numerous media sources, officials, and economics experts also stating July 31.

2020欧洲杯平台Democrats have pushed for an extension of the benefit, foreseeing a crisis scenario where eviction moratoriums lift just as many unemployed tenants lose their ability to pay rent. Senator Sherrod Brown of Ohio that “we’re going to see a massive number of people evicted.” State unemployment benefits paid which is below the poverty line for many families.

2020欧洲杯平台Republicans have argued that recipients are making more money unemployed than they do while working, . Indeed, a found that five out of six people earn more with the benefits than they do from their jobs, and may be incentivized to stay home, meaning that an extension would keep employment rates somewhat lower. (The report does not specify how much lower). But the report also found that the additional $600 also benefits the economy by boosting consumer spending. The report predicts 25 million jobless people will be available to work each week in the third quarter.

2020欧洲杯平台In short: There are five more payments going out, not six.

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