That being the case, arguing against an extension of federal unemployment benefits is quickly turning into a political non-starter. That doesn’t leave politicians with much breathing room as the July 31 expiration date on federal unemployment benefits looms. Still, both the unemployment rate and the number of continuing unemployment claims confirm the clear recessionary status of the economy and the job market. Admittedly, the school reopening/childcare issue doesn’t have a direct impact on unemployment or the extension of federal unemployment benefits. Congress acted very quickly to pass the CARES Act back in March, which was the beginning of the federal unemployment benefit program.

Source: Forbes July 17, 2020 13:07 UTC