The $2 trillion stimulus bill passed by lawmakers on Wednesday included a historic expansion of unemployment insurance. The federal government will give jobless workers and extra $600 a week on top of their states’ benefits for four months.
“It has unemployment insurance on steroids,” Senate Minority Leader Chuck Schumer said on Tuesday. “But, and most importantly, the federal government will pay your salary, your full salary for now four months.”
CORONAVIRUS FAQ: WIKI OF MOST FREQUENTLY ASKED QUESTIONS
Although the extra money doesn’t make up for the wages being lost during the coronavirus pandemic, it significantly adds on to current state benefits that range anywhere between $200 and $550 weekly.
Subscribe to our free weekly newsletter!
A week of political news in your in-box.
We find the news you need to know, so you don't have to.
The unemployment insurance is estimated to cost about $250 billion and comes as the coronavirus pandemic leaves immense dents in the national economy. More than 3 million people have filed for first-time jobless benefits last week as governors across the country ask non-essential workers to stay home.
“The generosity of this benefit is unprecedented,” said Michele Evermore, a senior policy analyst at the National Employment Law Project. “Because this situation is so different, we have to break all the rules.”
On Tuesday, the Federal Trade Commission (FTC) banned noncompete agreements in a 3-2 vote. The…
A proposed bill in California would prohibit security screening company CLEAR from skipping the general…
On Monday, the Supreme Court heard oral arguments over a challenge to a law allowing…
The Arizona House of Representatives failed to advance a repeal of the state's 160-year-old abortion…
Oregon Gov. Tina Kotek (D) signed a bill restoring criminal charges in cases of hard drug possession.…
President Joe Biden's administration announced the first-ever national limits on toxic "forever chemicals" in drinking water. This…