Tag: unemployment

Posted in Insurance

Essential Benefits You Can Receive on Unemployment

The COVID-19 epidemic has taken a booming U.S. economy and ground it to a halt. Within just two weeks, 10 million Americans filed first-time claims for unemployment, dwarfing prior records and pulling the U.S. toward recession. While hopes remain high that the virus can be slowed or stopped and the economy can get back on track, millions of workers need assistance now. If you find yourself in this position, the recent $2 trillion CARES Act may provide some relief. Here’s a list of already-existing benefits that may help you if you find yourself unemployed, in addition to more benefits brought about by the CARES Act.

Last updated: April 12, 2020

1. Unemployment Checks

Unemployment insurance is a joint state-federal program that provides weekly checks to qualifying workers. You’ll be paid a percentage of your weekly income over the prior 52 weeks. Most states limit the duration of unemployment benefits to

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Posted in Money

Unemployment money was a coronavirus lifeline. Scammers grabbed $900K in NC cases.

Federal authorities in Charlotte said Thursday they had seized $80,000 held in bank accounts that they say scammers used to steal unemployment benefits meant to help people survive the coronavirus pandemic.

It was the second such case U.S. Attorney Andrew Murray’s office announced this week. More than $48,000 was seized in that case, authorities said Tuesday.

Court documents say unknown scammers used personal information stolen from identity theft victims in North Carolina’s Western District to apply online for state and federal unemployment benefits, Murray and Reginald DeMatteis, special agent in charge of the Secret Service in Charlotte, said in Thursday’s announcement.

The fraudsters then directed bank account holders to make financial transactions with the money or transfer it to other bank accounts, often overseas. Many of the account holders, referred to in court documents as “money mules,” were involved in online romances with the scammers and didn’t know they were

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Posted in Money

When is the extra $600 federal unemployment cutoff? Your COVID-19 money questions, answered

It’s hard out there. And, in this time of uncertainty, USA TODAY is working to find answers to your money questions – anything from stimulus checks or unemployment benefits to your 401(k) or retirement plans. You can submit your questions here and read earlier answers below.

We will be updating the Q&A, so check back often. But, also look to these places:

The additional $600 in weekly jobless benefits provided by the federal government is officially set to end July 31. But states will pay it only through the week ending July 25 or July 26, a significant blow to unemployed workers counting on that money to bolster state benefits that average just $370 a week.

“The (Federal Pandemic Unemployment Compensation) $600 can be paid for weeks ending no later than the week ending prior to Friday, July 31, 2020,” the U.S. Department of Labor said in a statement. “For … Read More

Posted in Finance

Florida Has 4th Worst Unemployment Recovery In Country

ACROSS FLORIDA — As recent outbreaks of the coronavirus in states like Florida, Texas and Arizona cause a new wave of shutdowns, MoveOn.org is calling on Congress to extend coronavirus emergency unemployment funding through the end of the year.

The petition has been signed by more than one million people so far.

Without an extension, unemployment benefits are set to expire on July 31.

“Many people who are laid off due to COVID-19 won’t find work for a very long time, maybe never because some jobs lost today won’t be coming back,” reads the petition. “People will need time and resources to learn and develop a new skill. By ending the $600 per week additional unemployment assistance too soon, we will certainly be dooming people to tragic futures. This will have far-reaching ramifications. We need to look out for each other during these unprecedented times. Please let’s help each other

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Posted in Insurance

‘It breaks your heart.’ California should audit embattled unemployment agency, lawmaker says

Citing relentless consumer anger over delays and confusion in dealing with the state’s unemployment agency, Assemblyman Jim Patterson Friday formally requested an audit of the state’s beleaguered Employment Development Department.

Among his requests: A close look at the agency’s decisions to award years of contracts for modernizing and maintaining the system to Deloitte Consulting LLC.

The Sacramento Bee reported Thursday that EDD has repeatedly used Deloitte to help build and maintain its IT systems for years, despite warnings from state watchdogs that the systems were often delayed and over budget.

Patterson, a Fresno Republican, listed his frustrations In a lengthy, detailed request that described his experiences with infuriated constituents upset with EDD.

“Every single day people are messaging me, saying, Jim, nobody’s returning my call. Or they denied my application for unknown reasons. It breaks your heart,” he told The Sacramento Bee, echoing what other lawmakers have found and readers

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