Could Your Unemployment Benefits Run Out Before New Stimulus Aid Is Passed?
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For the millions of Americans who’ve lost work during the pandemic, finding another job can be a challenge. Of those who are collecting unemployment benefits, the average time out of work is now over five months. Almost one in five has been unemployed for six months or more.
For many, unemployment benefits have been critical to their ability to cover the rent and other bills. Congress helped in the spring by passing the CARES Act, which provided $600 weekly supplemental benefits through July, additional federal benefits for contract and self-employed workers, and extended benefits for those who exhaust their state’s regular benefits. An executive action in August also allowed some unemployed Americans to collect as much as $1,800 more, depending on their state.
But if Congress doesn’t pass more stimulus aid this fall, it’s possible benefits may run out for millions before they find a new job. If you’re among