End of $600 unemployment bonus could push millions past the brink

Source: Ben Casselman, New York Times (Paid Registration)

When millions of Americans began losing their jobs in March, the federal government stepped in with a life preserver: $600 a week in extra unemployment benefits to allow workers to pay rent and buy groceries, and to cushion the economy.

With economic conditions again deteriorating, that life preserver will disappear within days if Congress doesn’t act to extend it. That could prompt a wave of evictions and inflict more financial harm on millions of Americans while further damaging the economy.

Read Full Article: End of $600 unemployment bonus could push millions past the brink

 

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