Friday, September 17, 2021

More than 7 million unemployed in the United States will lose all benefits

Washington. More than seven million unemployed in the United States this week will lose all benefits due to the termination of three federal aid programs this Monday.

To these adds the seven million and three million unemployed who would stop receiving subsidies of $300 per week from the federal government, However, they will continue to get the benefits of their respective states.

All three programs were launched in some 18 months, They were extended in December and March after the country’s Congress approved stimulus packages of about $2 trillion at the start of the pandemic, but they are not expected to be increased once again.

Under one of those programs, $300 a week has been allocated to the unemployed since last December, an aid that reached $600 a week between April and July 2020.

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Others, Pandemic Unemployment Assistance, provides assistance to freelancers and independent contractors, among others; And last was the Pandemic Unemployment Emergency Compensation Program, which increased unemployment pay to those who had exhausted their state subsidies.

US President Joe Biden said last month that states could use federal aid funding to expand those programs in the country beyond Labor Day this Monday, but so far none have done so.

These programs come at a time when the delta version of the coronavirus, which has many cases and hospitalizations in the US, is taking a toll on the country’s economy.

In August, the US economy added only 235,000 jobs compared to a million jobs added in July, the smallest increase since last January.

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More than 7 million unemployed in the United States will lose all benefits
Nation World News Desk
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