UNEMPLOYMENT EXTENSION UPDATE FOR UI, PUA & PEUC BENEFITS 11/13/20 ($1000 EXTRA STIMULUS CHECK?)

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UNEMPLOYMENT EXTENSION UPDATE FOR UI, PUA & PEUC BENEFITS 11/13/20 ($1000 EXTRA STIMULUS CHECK?)

A staggering number of Americans continue to fall into a troubling labor market category: out of work for so long that regular unemployment programs have expired. And, that number is rising.
What it means: People are falling off the state unemployment rolls and likely getting work. But that’s being offset by people who are falling off because they are simply no longer eligible to collect state unemployment.




COLUMBIA, (WIS) - South Carolina is taking another step to help businesses get back on their feet.
Thursday morning, Governor Henry McMaster announced 86% of the state’s employers will avoid an unemployment insurance tax increase in 2021.

The only businesses that will see an increase in their tax rate are those that changed tax classes before the pandemic or had layoffs that were not COVID-19 related, which is only 13% of the state’s businesses.
Since the legislature dedicated $920 million in CARES Act money to replenish the unemployment insurance trust fund, business owners will have more money to rebuild and rehire. This announcement brings some hope to the state’s struggling hospitality industry.




Gov. Larry Hogan announced Thursday that the state would provide the Department of Labor an additional $15 million to help beef up staffing and customer service for residents needing assistance with unemployment or other services.
“We’ve already paid out nearly a billion dollars in unemployment assistance to more than 640,000 Marylanders,” Hogan said Thursday.
The investment will also increase fraud detection programming that has already saved the state more than $500 million in tax dollars.
Hogan also announced $10 million in rental housing assistance to help Marylanders struggling to cover rent payments during the coronavirus pandemic.



A statewide public policy nonprofit is calling on Gov. Mike Parson to use leftover federal coronavirus relief dollars on another round of stimulus checks to Missouri families, and send less to the fund that pays state unemployment claims.

But the Missouri Budget Project, a left-leaning think tank, suggests after many have already exhausted their state unemployment benefits, payments to Missourians would better goose the economy.
“A stimulus payment for families would not only assure that remaining federal COVID funding would flow to Missouri families who are most in need, but their spending would help stimulate local economies across the state,” Amy Blouin, President and CEO of Missouri Budget Project, said in a statement.
“Over the past several months, Missouri has experienced unprecedented economic pressures and a historic spike in unemployment claims,” Parson said in a statement announcing the change last week. “Despite these challenges, Missouri’s Unemployment Trust Fund (UTF) remains sound and stable, and instead of facing a tax hike, Missouri employers will see their taxes fall.”
But Budget Project spokeswoman Traci Gleason says that’s exactly why the state doesn’t need to send that much money back to the trust fund. Use $85 million, she said, to send $1,000 to each of the 85,000 Missourians who have exhausted their unemployment benefits. Whatever remains in December could go to the trust fund.



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