Title: Extra Unemployment Benefits Will Run Out Soon. Here's What Might Happen Then. | The Motley Fool
Headings: Extra Unemployment Benefits Will Run Out Soon. Here's What Might Happen Then.
Extra Unemployment Benefits Will Run Out Soon. Here's What Might Happen Then.
If you're counting on the extra $600 per week in benefits you've gotten lately, there could be bad news coming.
Proposal No. 1: Extend the federal $600 per week unemployment benefit
Proposal No. 2: Provide a "back to work" incentive
Proposal No. 3: Offer a more tailored approach to benefits
What does the future of unemployment benefits look like?

Content: Critics, though, argue that it encourages people to go back to work during a pandemic and potentially put their health (and the health of others) at risk. Proposal No. 3: Offer a more tailored approach to benefits
A third proposal is the Worker Relief and Security Act, which would create a more tailored approach to how benefits are distributed. Under this proposal, unemployed workers can continue to collect the extra $600 per week in federal benefits until the coronavirus pandemic is no longer considered a national or state emergency. After that, benefits will gradually decrease over the next 13 weeks. Those who live in states with higher-than-average unemployment rates, though, will continue to receive extra unemployment support even after extreme social distancing measures are concluded. Once COVID-19 is no longer considered a national emergency, unemployed workers in these states can continue collecting $450 per week in federal benefits for 13 weeks. Then, if the state is still experiencing a higher-than-average unemployment rate, jobless workers can receive $300 per week in benefits in addition to their state unemployment benefits. What does the future of unemployment benefits look like?