By Joseph Choi, The Hill Over seven million people across the U.S. will lose their unemployment benefits beginning on Monday as pandemic safety nets expire. The emergency federal jobless benefits are set to end on Labor Day, while another three million people will lose their additional $300 boost to state
By Megan Henney, FOX Business The Biden administration said Thursday that extra unemployment benefits put in place to keep out-of-work Americans afloat during the coronavirus pandemic will end as planned next month, but encouraged states with high jobless rates to repurpose federal relief money in order to extend the aid.
By Will Feuer, NY Times Nearly 3.5 million Americans are still on traditional state unemployment benefits even as the number of people seeking new claims dropped last week to a fresh pandemic low, the feds said Thursday. Continuing claims rose by 56,000 from about 3.4 million the week before, according
By Greg Iacurci, CNBC More than 400,000 people are poised to lose unemployment benefits this weekend as eight states withdraw early from pandemic-era programs. Alabama, Idaho, Indiana, Nebraska, New Hampshire, North Dakota, West Virginia and Wyoming are opting out of federal unemployment programs, effective Saturday. They’re among 25 states turning
By Greg Iacurci, CNBC The IRS will start issuing tax refunds in May to Americans who filed their returns without claiming a new break on unemployment benefits, the federal agency said Wednesday. The American Rescue Plan waived federal tax on up to $10,200 of unemployment benefits, per person, received in
By Lisa Rowan, Forbes If you lost your job or had your work hours reduced during the pandemic, you may be all too familiar with your state’s unemployment benefits. Forbes Advisor analyzed the best and worst states for getting unemployment benefits, and found that even among the most generous states,
By Irina Ivanova, CBS News The $1.9 trillion American Rescue Plan signed into law last week includes a welcome tax break for unemployed workers. The law waives federal income taxes on up to $10,200 in unemployment insurance benefits for people who earn under $150,000 a year, potentially saving workers thousands
By Tami Luhby and Katie Lobosco, CNN (CNN) – The $1.9 trillion Covid relief bill that President Joe Biden championed even before taking office is expected to land on his desk in coming days, but it could take some time for struggling Americans to see all the benefits. While the $1,400 stimulus payments could hit people’s bank accounts
By Tami Luhby, CNN (CNN) – An estimated 11.4 million workers will lose their unemployment benefits between mid-March and mid-April unless Congress passes its next coronavirus relief package in coming weeks, a new study has found. Out-of-work Americans will start running out of Pandemic Unemployment Assistance and Pandemic Emergency Unemployment
By Jennifer A. Kingson, Axios People who collected unemployment will receive smaller — or nonexistent — tax refunds this coming year because of a tax law quirk that counts unemployment as taxable income. Why it matters: Tens of millions of Americans who arguably need the refund the most will wind up
