More than 18 million Americans are now collecting unemployment benefits, including $300 weekly supplemental unemployment payments that began rolling out in January. And if the legislation passes, will it come in time to avoid an interruption in federal benefits? Senate Majority Leader Chuck Schumer says the Senate's on track to pass additional stimulus relief ... [+] before federal unemployment benefits expire in March. The House bill would increase the supplemental federal weekly jobless benefits to $400 a week, and extend those payments until August 29. Related Articles:Extended Unemployment Benefits, $400 Weekly Payments—Here’s What To Expect This Year If You’re Jobless$50,000?

Source: Forbes February 20, 2021 22:18 UTC