Unemployment Stimulus How Long Does It Last
This means the 44 billion fund will last less than six weeks.
Unemployment stimulus how long does it last. For example states such as new york california texas pennsylvania minnesota. However each state dictates the length of unemployment benefits. The new stimulus deal also introduces a new 300 weekly supplemental unemployment benefit.
Unemployment benefits typically last for 26 weeks. According to the labor department it will cost the government about 8 3 billion a week to distribute the 300 benefit to eligible americans. According to the washington post it s expected that qualifying americans would receive the extra 300 per week for up to 11 weeks of unemployment at least through march 14 2021.
It was slated to go out for 11 weeks to anyone collecting regular unemployment but it may now only last. Pandemic emergency unemployment compensation from the cares act added an additional 13 weeks funded by the federal government but another stimulus bill with unemployment insurance would need to.