'30 days to find a job:' Over 2 million workers face unemployment benefits cliff
Added 05-14-21 04:04:02pm EST - “More than 2 million workers could see their jobless benefits slashed or eliminated altogether next month as more states opt out of federal unemployment programs.” - News.yahoo.com
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More than 2 million workers could see their jobless benefits slashed or eliminated altogether next month as more states opt out of federal unemployment programs. Some of the hardest hit will be out-of-work Black Americans.
“The states are giving them 30 days to find a job,” Andrew Stettner, an unemployment insurance expert and senior fellow at the Century Foundation, told Yahoo Money. “Most of those workers won’t find a job within those 30 days. Most of them are going to have zero in unemployment benefits.”
Those workers stand to collectively lose $10.9 billion, averaging out to potentially thousands of dollars per worker, money that also won’t flow into those states’ economies, according to an analysis by the Century Foundation.
Eighteen states so far plan to cancel the pandemic-era jobless programs. Alaska and West Virginia were the latest states to opt out on Friday, a move gaining steam among Republican governors following last week's disappointing jobs report.
“More than 50 local employers have posted recruitments, and the response has been very positive. Employer demand for workers is outpacing job applicants,” Alaska Department of Labor and Workforce Development Commissioner Dr. Tamika L. Ledbetter said in a statement on Friday. “For those seeking employment, the time is now.”
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