Stimulus Package And Unemployment Benefits Update

The stimulus package includes another round of stimulus checks.

Stimulus package and unemployment benefits update. President donald trump signed on sunday evening a 900 billion pandemic relief bill into law that includes enhanced unemployment benefits and direct cash payments. But will recipients of unemployment benefits experience a lapse. Increasing the federal per week unemployment benefit to 400 and extending it through the end of september increasing the federal minimum wage to 15 per hour.

December 29 2020 11 18 am pst a 900 billion stimulus bill passed into law on sunday will along with other programs provide extended and enhanced unemployment benefits to millions of americans. Here are the latest updates on what s in the now fully passed covid relief stimulus package. And what effect will that have on people.

The labor department doesn t believe there will be a lapse. The legislation also extends pandemic unemployment assistance a program aimed at a. Every adult with a 2019 adjusted gross income less than 75 000 should receive 600.

The new benefit up to 300 per week is half the amount provided by the original stimulus bill in the spring. Those who earned more than 87 000 will not receive anything for themselves. Millions of jobless gig workers and independent contractors as well as long term unemployed americans are set to lose their unemployment benefits after this weekend since president donald trump.

Also includes in the package is a third stimulus check a longer extension to the eviction moratorium money to help roll out more vaccines and 400 bonus unemployment payments. The new stimulus package continues pua and peuc and renews the federal unemployment bonus for 300 per week rather than 600 through the middle of march.