Title: What happens when the $600-a-week unemployment benefit ends? - Marketplace
Headings: COVID-19 Economy FAQs
When $600-a-week pandemic unemployment checks run out, what then?
Mitchell Hartman Jun 30, 2020
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Content: Joe Raedle/Getty Images
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When $600-a-week pandemic unemployment checks run out, what then? Mitchell Hartman Jun 30, 2020
Heard on: A Florida resident receives an unemployment insurance application in April. Many recipients could be shocked if the temporary extra benefit terminates at the end of July. Joe Raedle/Getty Images
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The $600 a week in extra benefits provided to every jobless worker who’s on unemployment insurance right now is set to expire July 31. Part of the CARES Act, the Federal Pandemic Unemployment Compensation program is being paid to roughly 29 million Americans. And if Congress doesn’t do something by the end of next month, it could get economically ugly. Since COVID-19 hit in March, millions of workers have been furloughed or laid off.