Unemployment benefits to expire as coronavirus talks deadlock |
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News |
Written by The Hill Press |
Friday, 31 July 2020 08:30 |
http://newiprogressive.com/images/stories/S5/unemployment-great-depression-jobs-s5.jpg WASHINGTON, DC - Enhanced unemployment benefits are set to expire as congressional negotiators are deadlocked over a coronavirus relief deal. The additional $600 a week in unemployment insurance that Congress provided in late March will sunset on Friday at midnight, dealing a significant financial blow to millions of jobless Americans amid a weakening labor market. Lawmakers had hoped the deadline, which was known for months, would result in the kind of eleventh-hour agreement that was once commonplace in Washington. But in a sign of how far apart negotiators are, the Senate left town for the week on Thursday, ensuring Congress will careen over the looming unemployment cliff. |
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