$600 Unemployment Benefit Ends This Week

For many Americans unable to work due to coronavirus shutdowns, the $600 federal unemployment benefit has been a lifeline. This stimulus benefit was slated to expire on July 31, 2020. There is some confusion; however, and for many it will expire this week on either July 25th or 26th depending on which state the recipient lives in. It appears there is no plan to extend this supplemental benefit; which was an addition to traditional state benefits. State unemployment benefits will still be in effect for recipients to collect. The “Heroes Act,” which was passed by the House of Representatives, should have included extending the federal benefit until January 31, 2021. However, due to lack of support by Senate Republicans, it will not be part of the new stimulus package. The White House is currently considering a cash bonus to encourage people to return to work. The bonus would pay workers to return to their job, or find a new one if their former job is not available.