Capitalize Financial
No Result
View All Result
  • Home
  • World
  • Economy
  • Business
  • Markets
  • Real Estate
  • Cryptocurrency
Capitalize Financial
  • Home
  • World
  • Economy
  • Business
  • Markets
  • Real Estate
  • Cryptocurrency
No Result
View All Result
Capitalize Financial
No Result
View All Result
Home Economy

In US, 2.5 million unemployed soon to be without income

by capitalizefinancial
May 21, 2021
in Economy
0
In US, 2.5 million unemployed soon to be without income

American states are moving to cut pandemic unemployment benefits, a painful blow for millions of people who will soon be left without income.

With punishing jobless levels during the Covid-19 pandemic, unemployment benefits had been extended — especially to the self-employed — and extended further until September 6, even for those who had reached the maximum duration.

But now 21 out of 27 states governed by Republicans — including Missouri, Alaska, West Virginia, Indiana and Georgia — will soon reduce or eliminate additional unemployment aid, according to a note from analysts at Oxford Economics out Wednesday.

This means that some 2.5 million people out of the 16 million unemployed Americans will receive no more help starting in June or July, depending on the state, the analysts said.

One million more unemployed people will lose the additional $300 per-week benefit.

“It’s going to be devastating,” said Sue Berkowitz, director of the South Carolina Appleseed Legal Justice Center, an organization that advocates for the rights of low-income residents.

Read more…

Previous Post

World Bank reallocates US$10m to support small-scale Lebanese farmers

Next Post

Gensler Says SEC Should Be ‘Ready to Bring Cases’ Involving Crypto

Next Post
Gensler Says SEC Should Be ‘Ready to Bring Cases’ Involving Crypto

Gensler Says SEC Should Be ‘Ready to Bring Cases’ Involving Crypto

Search…

No Result
View All Result

Subscribe Us

By clicking on Subscribe, I confirm that I have read and agree to the terms set forth in the Privacy Policy and Terms of Service including Capitalize Financial’s ability to use and share my information and Capitalize Financial, or third-party companies and business partners, may send me offers for products and services at the email address I have provided. I understand that my information may be supplemented with additional information obtained from other sources.

Recent News

Cassidy Hutchinson, Trump White House aide, now in spotlight

Instagram hides some posts that mention abortion

Categories

  • Business
  • Cryptocurrency
  • Economy
  • entertainment
  • finance
  • Georgia
  • health
  • Markets
  • Music
  • Politics
  • Real Estate
  • receipe
  • Science
  • science
  • Sports
  • Sports
  • Tech
  • Travel
  • World

Site Navigation

  • Contact Us
  • Privacy Policy
  • Terms Of Service
  • Unsubscribe

Capitalize Financial, a news portal which provides the financial news global wide.

  • Contact Us
  • Privacy Policy
  • Terms Of Service
  • Unsubscribe

© 2021 Capitalize Financial All Rights Reserved

No Result
View All Result
  • Advertisement
  • Contact Us
  • Homepages
    • Home 1
    • Home 2
    • Home 3
    • Home 4
    • Home 5
  • World
  • Economy
  • Business
  • Markets
  • Real Estate

© 2021 Capitalize Financial All Rights Reserved