And the $600 per week in extra unemployment benefits that have allowed tens of millions of laid-off workers to pay rent and buy groceries will expire at the end of July. A bipartisan group of lawmakers has separately proposed expanding a tax credit meant to subsidise wages, and the expanded unemployment benefits programme may be extended. Now she would be receiving just $223 per week in unemployment benefits — if she could get through to apply, which took weeks. Markowska, of Jefferies, expects government data Friday to show that personal income actually increased in April thanks to the unemployment benefits, stimulus payments and other programmes. A single mother of two, Glasser applied for unemployment benefits the same day.

Source: bd News24 May 29, 2020 02:26 UTC