The number of unemployment benefit recipients is falling at a faster rate in Missouri and 21 other states canceling enhanced and extended payments this month, suggesting that ending the aid could push more people to take jobs.
Federal pandemic aid bills boosted unemployment payments by $300 a person each week and extended those payments for as long as 18 months, well longer than the typical 26 weeks or less. The benefits are set to expire in early September, but states can opt-out before then.
CLICK HERE to read the entire Fox Business News article
Gary Fleisher is the Managing Director and contributor for Modcoach News.
Email at [email protected]
Sign Up to receive the Modcoach News newsletter twice a week
