NEW UPDATE Unemployment Extension $400 Weekly FPUC PUA & Unemployment Benefits Stimulus

NEW UPDATE Unemployment Extension $400 Weekly FPUC PUA & Unemployment Benefits Stimulus

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NEW UPDATE Unemployment Extension $400 Weekly FPUC PUA & Unemployment Benefits Stimulus

Here’s your unemployment update for Saturday, April 24th, 2021

Since last March, the amount of income from unemployment benefits began to spike, making up a greater percentage of personal income than in the past 50 years.

According to Business Insider, “unemployment insurance as a share of personal income peaked at 7.0% in June 2020.”

The peak came right before an additional $600 in federal weekly benefits expired at the end of July.


Those additional benefits helped prop up the economy as it was hit as savings increased in April and spending spiked in May.

The economic boost from stimulus checks and those enhanced UI benefits may have kept 12 million people out of poverty.


Meanwhile, states are still struggling to address lagging unemployment systems that left thousands of Americans without easily accessible benefits, though more than a year has passed.

In Hawaii, Gov. David Ige this week approved $10 million to modernize his state’s unemployment system by Dec. 2022 at the earliest.

Florida lawmakers passed a bill this week that would migrate the state’s unemployment portal to the cloud, ensuring it can be scaled up or down to meet demand.

Kentucky recently reported human-led errors in its unemployment system that caused some people to receive too much or too little assistance.

There are also plenty of states that have outdated systems that are still managing the fallout of the last 13 months.

This is an ongoing issue that many states trying to fix and we hope that these issues can be fixed fast.

And finally, a group of Democratic lawmakers is calling on President Biden to incorporate wider-reaching and permanent unemployment measures in the next economic package he’s set to unveil next week.

In a letter sent on Friday, the lawmakers called on Biden to increase both the number of unemployment benefits and their duration as part of his latest infrastructure plan.

Thirty-eight Democratic lawmakers signed the letter.

The Democratic lawmakers also want UI benefits to be accessible to more workers specifically those eligible for the PUA program.

A new EPI report stated, “PUA made up the largest share of federal UI assistance contributing 33% of total UI income.


The group of Democrats also want to reform the Extended Benefits program to put it on autopilot during economic downturns.


This could be a good first step to ensuring that our state’s unemployment departments don’t face the same issues we faced last year.

#unemployment #stimulus #pua

Sources:
https://www.businessinsider.com/unemp...
https://www.businessinsider.com/unemp...
https://statescoop.com/state-governme...

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